15 Walnut St, Somerville, MA 02143
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$2,850,000
8 Unit
8 Beds
8 Baths
5210 SQFT
0.14 Acre

Property Description

The multi-story building contains four (4) 2-Bedroom/1-Bathroom units, one (1) 1-Bedroom/1-Bathroom unit, and three (3) Two-Room Studio units with 5,210 square feet of gross living area in 8,423 square feet of gross area. The Property is situated upon a 0.14-acre parcel. 15 Walnut Street is centrally located in Somerville’s dynamic Union Square neighborhood. The property has been meticulously maintained under current ownership with capital improvements throughout including complete renovations to units 15 Walnut #3 and Sanborn 1R, 2L and 3L. All units feature separate utilities with tenants responsible for their own heat, hot water and electricity. Six (6) of the units have gas fired, forced hot water baseboard and/or radiator heat. 15 Walnut #3 features HVAC (gas) and Sanborn 3 features electric for heating and cooling. Additional building amenities include a coin-op laundry room in the basement.

Property Details tap to expand

Building Information

  • Total Units: 8
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 8
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, Tennis Court, University, Walk/Jog Trails
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: Yes
  • Gross Operating Income: 226864
  • Gross Expenses: 47868
  • Electric Expenses: 880
  • Water/Sewer: 7186
  • INSC: 9000
  • Repairs & Maintenance: 4000
  • Net Operating Income: 178995

Utilities

  • 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: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

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

Construction

  • Year Built: 1906
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Shingle, Slate
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73493634
  • Last Updated: 03/30/26

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Seller's Representative: Kelleher - Pentore Team, Horvath & Tremblay
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 2026-03-30 16:18:00

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