8 Everett St, Somerville, MA 02143
View Map
$2,800,000
6 Unit
19 Beds
6 Baths
6755 SQFT
0.09 Acre

Property Description

This well-maintained six-unit building WITH LEAD CERTIFICATES & sits in the heart of East Somerville, just minutes from Union Square, 900 feet to the T Station, public transit, and downtown Boston. It offers five spacious three-bedroom units and one four-bedroom unit—ideal for strong rental income in a high-demand area. Each unit has separate utilities, with tenants paying their own gas and electric, making management simple and efficient. All units feature washer and dryer hookups and use natural gas for heating. Updated boilers and hot water heaters boost comfort and energy performance. The apartments have flexible layouts, large bedrooms, and great natural light. With a solid rental history and potential for condo conversion, this property is a rare find in one of Somerville’s most accessible and rapidly growing neighborhoods. Unit six (3 bed) pays $2,700 (TAW).

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 3
  • Total Bedrooms: 19
  • Total Full Baths: 6
  • Amenities: Highway Access, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Tile Floor
  • Common Appliances: Range, Washer Hookup
  • Common Heating: Gas, Hot Air Gravity, Hot Water Baseboard
  • Common Cooling: None

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 162000
  • Gross Expenses: 15546
  • Electric Expenses: 497
  • Water/Sewer: 10371
  • INSC: 4678
  • Net Operating Income: 114054

Utilities

  • Heat Zones: 6
  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Electric Dryer, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2

Construction

  • Year Built: 1910
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick
  • Roof Material: Rubber
  • Flooring Type: Laminate, Tile, Vinyl, Wall to Wall Carpet, Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73391369
  • Last Updated: 06/20/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/20/2025Active$2,800,000$415MLSPIN
06/16/2025New$2,800,000$415MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Raymond Boutin, RE/MAX Innovative Properties
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-06-20 03:05:00

Related Properties