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INVESTMENT SNAPSHOT
About this property
One block from Inman Square, this property includes two separate structures on a generous 9,120 sq ft lot, a rare size for the area. The building at 73 Oak Street dates to the 19th century and has been updated over time, while the single-family home at 71 Oak Street, built in 1980, features 4 bedrooms and a large finished basement, both currently owner occupied. The property includes a garage and plenty of off-street parking. The expansive lot and versatile layout may allow for multi-generational living or potential additional dwelling options, subject to local regulations. Convenient to shops, restaurants, and public transportation, the property offers flexibility, space, and accessibility for both investors and owner-occupants.
Property details
| Units | 3 |
| Living area | 5,260 sqft |
| Lot size | 9,120 sqft |
| Year built | 1980 |
| Price / sqft | $627 |
| County | Middlesex |
| MLS # | 73465238 |
Listing status
| Days on market | 144 days |
| Listed on | January 5, 2026 |
Taxes & financials
| Annual property tax | $24,145 |
| Tax year | 2025 |
| Assessed value | $2,213,100 |
| Zoning | RB |
| Gross income (actual) | $32,400/yr |
| Net operating income (actual) | $32,400/yr |
| Total actual rent | $5,400/mo |
Building & lot
| Stories | 2 |
| Total rooms | 16 |
| Lot size | 0.21 acres |
| Garage spaces | 1 |
| Parking spaces | 7 |
| Parking | Paved Drive, Off Street, On Street, Assigned |
| Basement | Full, Finished, Walk-Out Access, Interior Entry |
| Foundation | Brick/Mortar |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Hardwood |
Utilities & systems
| Heating | Central |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Dryer, Washer Hookup |
| Appliances | Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator |
Location
More about investing in Somerville →
Listing courtesy of eXp Realty — Helena Araujo. 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 71-73 Oak St, Somerville MA 02143 have?
It is a 3-unit multi-family property with 5,260 sqft of living area, built in 1980.
How long has 71-73 Oak St, Somerville MA 02143 been on the market?
71-73 Oak St, Somerville MA 02143 has been listed for 144 days (since January 5, 2026).
What is the estimated cap rate on this 3-family in Somerville?
Based on area median rents, the estimated cap rate is about 2.2%, with a Signal Score of 49/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $3,300,000 across 3 units, that works out to roughly $1,100,000 per unit.
What are the property taxes on 71-73 Oak St, Somerville MA 02143?
Annual property taxes are $24,145 (2025), on an assessed value of $2,213,100.
What is the price per square foot?
At $3,300,000 for 5,260 sqft, that's about $627 per square foot.
Is there parking?
1 garage space and 7 total parking spaces (paved drive, off street, on street, assigned).
Where is this property located?
71-73 Oak St, Somerville MA 02143 is in Somerville, Middlesex County, MA 02143.
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