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INVESTMENT SNAPSHOT
About this property
Rare mixed-use opportunity at one of Somerville’s most recognizable corners, across from the Porter Square Shopping Center and T Stop. Formerly home to the beloved and iconic Big Fish Little Fish store, this highly visible location has been a destination for generations of local residents. The property consists of a 6,290 SF mixed-use building featuring two commercial storefronts, a three-unit multifamily residence (two 1-bedroom units and one 2-bedroom unit), a driveway and yard. The commercial spaces include back rooms and basement storage, with the potential to combine both storefronts into a single larger space. The property offers exceptional redevelopment and investment potential. Ideal for condominiums, multifamily housing, and mixed-use development. Being delivered vacant, this transit-oriented site (also sees lots of foot traffic) provides unmatched accessibility to Cambridge, Boston, and surrounding communities.
Property details
| Units | 3 |
| Living area | 2,426 sqft |
| Lot size | 4,043 sqft |
| Year built | 1900 |
| Price / sqft | $1,608 |
| County | Middlesex |
| MLS # | 73536182 |
Listing status
| Days on market | 4 days |
| Listed on | June 15, 2026 |
Taxes & financials
| Annual property tax | $16,881 |
| Tax year | 2025 |
| Assessed value | $1,547,300 |
| Zoning | NR |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 11 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Off Street |
| Basement | Full, Unfinished |
| Foundation | Stone |
| Roof | Shingle, Rubber |
| Construction | Frame |
| Flooring | Vinyl, Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
Location
More about investing in Somerville →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 55 Elm St, Somerville MA 02144 have?
It is a 3-unit multi-family property with 2,426 sqft of living area, built in 1900.
How long has 55 Elm St, Somerville MA 02144 been on the market?
55 Elm St, Somerville MA 02144 has been listed for 4 days (since June 15, 2026).
What is the price per unit?
At a list price of $3,900,000 across 3 units, that works out to roughly $1,300,000 per unit.
What are the property taxes on 55 Elm St, Somerville MA 02144?
Annual property taxes are $16,881 (2025), on an assessed value of $1,547,300.
What is the price per square foot?
At $3,900,000 for 2,426 sqft, that's about $1,608 per square foot.
Is there parking?
2 total parking spaces (off street).
Where is this property located?
55 Elm St, Somerville MA 02144 is in Somerville, Middlesex County, MA 02144.
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