Property Description

Presenting a distinguished two-family residence at 82 Electric Ave in Somerville. Built in 1900, this well-maintained property offers 3,335 square feet of living space on a 4,172 square foot lot and features a total of 5 bedrooms, 2 full bathrooms, and a 2-car garage.A strong investment opportunity, both units are leased through 8/31/2026 and generate $6,900 per month in gross rental income. Current tenants have expressed interest in remaining, providing potential for continued occupancy and stable cash flow. Combining classic character, generous living space, and reliable rental income, this property presents an exceptional opportunity in one of Somerville's most desirable neighborhoods.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Park, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Unfinished Basement

Financial

  • APOD Available: No
  • Gross Operating Income: 82800
  • Net Operating Income: 82800

Utilities

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

Unit 1 Description

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

Unit 2 Description

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

Construction

  • Year Built: 1900
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73540824
  • Last Updated: 06/24/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/24/2026New$1,437,500$431MLSPIN

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Seller's Representative: Mario Capone, Cambridge Realty Group, Inc.
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 2026-06-24 14:00:00

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