3 Lee Street, Somerville, MA 02145
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$1,850,000
6 Unit
6 Beds
6 Baths
3425 SQFT
0.07 Acre

Property Description

This distinctive building offers strong curb appeal and undeniable character. Located on a tree-lined street, the property features six 1-bedroom, 1-bath units, making it an ideal addition to any investor’s portfolio. Front and back porches enhance tenant appeal. The building is equipped with central heat and hot water, providing efficiency and convenience. Paved driveway. Situated in a prime locale, this property offers easy access to the Gilman Square MBTA Green Line Station, connecting to Cambridge, Boston, and beyond. Close proximity to shops, dining, and entertainment. Current lease agreements in place through May 31, 2027.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 5
  • Total Bedrooms: 6
  • Total Full Baths: 6
  • Amenities: Highway Access, Park, Public School, Public Transportation, T-Station
  • Basement Features: Full
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 164340
  • Gross Expenses: 15519
  • GSE: 5939
  • Electric Expenses: 633
  • Water/Sewer: 4222
  • INSC: 4725
  • Net Operating Income: 130019

Utilities

  • Electric Info: Circuit Breakers, Underground
  • 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: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

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

Unit 4 Description

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

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73496734
  • Last Updated: 04/10/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/10/2026Active$1,850,000$540MLSPIN
04/06/2026New$1,850,000$540MLSPIN
06/11/2007Active$700,000$205MLSPIN

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Seller's Representative: Maggie Dee + Charles Cherney Team, Compass
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 2026-04-10 03:05:00

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