379 Somerville Ave, Somerville, MA 02143
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$6,700,000
11 Unit
15 Beds
12 Baths
13628 SQFT
0.08 Acre

Property Description

This newly constructed mixed-use asset located at 379 Somerville Ave in the heart of Somerville’s Union Square neighborhood. The 5-story elevator building boasts over 13,000 square feet of space and features ten thoughtfully designed apartment units and one retail space. Its prime location, just steps from the MBTA Green Line, makes it highly accessible to nearby educational institutions like Harvard, MIT, and Tufts.Benefiting from the neighborhood’s rapid growth and increased foot traffic from US2’s 15 million SF, $2 billion development project, this propertypresents a unique blend of residential and commercial potential. With its modern design, prime location, and proximity to renowned educational institutions,this asset offers an attractive investment for those seeking to capitalize on the thriving Somerville market.

Property Details tap to expand

Building Information

  • Total Units: 11
  • Total Floors: 5
  • Total Bedrooms: 15
  • Total Full Baths: 12
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Park, Public School, Public Transportation, Shopping, T-Station, Tennis Court, University, Walk/Jog Trails

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided, Pro. Forma Available
  • Gross Operating Income: 484044
  • Gross Expenses: 111467
  • Net Operating Income: 348374

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 2025
  • Type: 5-9 Family
  • Foundation Info: Concrete Block
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73456926
  • Last Updated: 11/24/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/24/2025Active$6,700,000$492MLSPIN
11/20/2025New$6,700,000$492MLSPIN

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Seller's Representative: Kendin Carr, Kendin Carr
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 2025-11-24 03:05:00