Exceptional investment opportunity in one of Somerville’s most desirable locations! This six-unit building features spacious units with flexible floor plans that allow them to function as 3-bedrooms, ideal for roommate living and with strong rental potential. Each apartment offers high ceilings that enhance the sense of space and light, along with private covered back porches. Ideally situated with easy access to Harvard University and the shops and services in vibrant Inman Square, this property places residents at the center of it all. Easy access to Whole Foods Market on Beacon Street, as well as Kirkland Village with its shops and dining destinations. A rare opportunity to own a well-located, income-generating property with strong upside in a thriving rental market. Current lease agreements in place through May 31, 2027.
| Units | 6 |
| Living area | 9,106 sqft |
| Lot size | 4,999 sqft |
| Year built | 1900 |
| Price / sqft | $461 |
| County | Middlesex |
| MLS # | 73496731 |
| Days on market | 5 days |
| Listed on | April 6, 2026 |
| Annual property tax | $38,768 |
| Tax year | 2026 |
| Assessed value | $3,430,900 |
| Zoning | res. |
| Gross income (actual) | $271,800/yr |
| Net operating income (actual) | $216,710/yr |
| Total actual rent | $22,650/mo |
| Electric expense | $1,842/yr |
| Insurance expense | $8,862/yr |
| Stories | 5 |
| Total rooms | 30 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full |
| Foundation | Stone, Brick/Mortar |
| Roof | Rubber |
| Construction | Frame |
| Flooring | Tile, Hardwood |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
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Listing courtesy of Compass — Maggie Dee + Charles Cherney Team. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 6-unit multi-family property with 9,106 sqft of living area, built in 1900.
42 Calvin Street, Somerville MA 02143 has been listed for 5 days (since April 6, 2026).
Based on area median rents, the estimated cap rate is about 3.5%, with a Signal Score of 65/100. These are directional estimates, not an appraisal.
At a list price of $4,200,000 across 6 units, that works out to roughly $700,000 per unit.
Annual property taxes are $38,768 (2026), on an assessed value of $3,430,900.
At $4,200,000 for 9,106 sqft, that's about $461 per square foot.
42 Calvin Street, Somerville MA 02143 is in Somerville, Middlesex County, MA 02143.