56 School Street, Somerville, MA 02143
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$1,599,999
2 Unit
6 Beds
4 Baths
3186 SQFT
0.12 Acre

Property Description

56 School Street presents a well-maintained two-family residence in the heart of Somerville’s vibrant Union Square. Offering 3,186 sq ft of living space on a 5,227 sq ft lot, the property comprises two spacious units totaling 6 bedrooms and 4 bathrooms. Each residence features hardwood floors, generous room sizes, and inviting living and dining areas, while the upper unit spans two levels with a top-floor den. A large driveway provides ample off-street parking, complemented by an expansive yard. The lower level offers abundant storage and bonus space with future potential. Ideally located near Union Square’s restaurants, shops, parks, and transit, with convenient access to Cambridge and downtown Boston, this is a compelling opportunity for investors or owner-occupants seeking space, flexibility, and long-term value.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 4
  • Amenities: Bike Path, Highway Access, House of Worship, Medical Facility, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full, Partially Finished

Financial

  • APOD Available: No
  • Expenses Source: Tax Return
  • Gross Operating Income: 76800
  • Gross Expenses: 2970
  • INSC: 2970
  • Net Operating Income: 73830

Utilities

  • Heat Zones: 2
  • Cooling Zones: 2
  • 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: 2

Construction

  • Year Built: 1915
  • Type: 2 Family - 2 Units Up/Down
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73500993
  • Last Updated: 04/14/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/14/2026New$1,599,999$502MLSPIN

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Seller's Representative: Daniela Cafaro, Berkshire Hathaway HomeServices Warren Residential
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 2026-04-14 08:59:00

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