49-51 Fairmount Ave, Somerville, MA 02144
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$1,445,000
3 Unit
6 Beds
3 Baths
3621 SQFT
0.09 Acre

Property Description

Exceptional opportunity to own a centrally located 3,621 sqft 3-family w/ detached 2 car garage near Tufts & Teele/Davis Squares. First time available in 30+ yrs. Quiet, tree-lined dead-end street w/ fenced front & large rear yard. Charming details include mouldings, built-ins, oak woodwork, and beautiful oak hardwood floors. Each unit offers 2 beds, 1 bath w/ oversized eat-in kitchen, dual pantry, formal dining room, large bay window living room + enclosed front & rear porches. Laundry in basement. Long driveway fits 3 cars. Separate systems & enclosed storage areas. Consistent rental/upgrade history. Perfect investment or condo conversion! Min to East Arlington, Alewife Grnwy, Rt 16, Whole Foods, Stop & Shop, Tufts Green Line. #2 only has a stove & needs paint/flooring. Rear deck exterior/interior siding needs finished (materials in garage).

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Total Fireplaces: 1
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Bulkhead, Interior Access, Unfinished Basement
  • Common Interior Features: Programmable Thermostat, Tile Floor
  • Common Heating: Central Heat, Electric Baseboard, Hot Water Radiators, Oil, Radiant, Steam
  • Common Cooling: None

Financial

  • APOD Available: No
  • Expenses Source: Estimated, Limited Information, Owner Provided
  • Gross Operating Income: 55800
  • Gross Expenses: 24627
  • Electric Expenses: 300
  • Water/Sewer: 2000
  • INSC: 4100
  • Miscellaneous Expense: 1500
  • Net Operating Income: 31173

Utilities

  • Heat Zones: 3
  • Energy Features: Prog. Thermostat
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73385232
  • Last Updated: 06/04/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/04/2025New$1,445,000$399MLSPIN

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Seller's Representative: Cam Chesley, Keller Williams Realty Boston-Metro | Back Bay
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-06-04 12:11:00

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