157 Elm Street, Somerville, MA 02144
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$1,695,000
3 Unit
6 Beds
3 Baths
2719 SQFT
0.10 Acre

Property Description

Exceptional investment opportunity in the heart of Davis Square. This rare corner three-family property offers abundant parking and endless potential for investors, owner-occupants, or developers. Unit 1 features two bedrooms plus a den and sits above street level, providing added privacy and natural light. Unit 2 offers three spacious bedrooms, while Unit 3 includes one bedroom plus additional unfinished space with potential to expand the living area. The building's desirable southern exposure and numerous windows fill each unit with sunlight throughout the day. A partially finished basement with generous ceiling height presents additional possibilities for expansion or future improvements. Ideally located just a five-minute walk to Porter Square Station, Star Market, and the vibrant restaurants, cafés, and shops of both Porter and Davis Squares. A unique opportunity in one of Somerville's most sought-after neighborhood. Offers are due on Tuesday June 30th at 12pm

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Bike Path, Highway Access, Park, Private School, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Partially Finished

Financial

  • APOD Available: No
  • Gross Operating Income: 24000
  • Net Operating Income: 24000

Utilities

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

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 3 Family
  • Foundation Info: Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73540783
  • Last Updated: 06/26/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/24/2026New$1,695,000$623MLSPIN

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Seller's Representative: Iliyan Padinkov, Coldwell Banker Realty - Boston
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 2026-06-26 08:06:00

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