38 Berkeley Street, Somerville, MA 02143
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$2,450,000
6 Unit
10 Beds
8 Baths
5051 SQFT
0.13 Acre

Property Description

Fantastic opportunity to purchase a six-family property in Somerville's highly sought-after Spring Hill neighborhood, near to Porter Square Red Line and just blocks from the Gilman Square Green Line and Bike Path, making it a commuter's dream. The property consists of six units—two studios and four two-bedroom (some can be utilized as three bedroom or three bedroom plus!) apartments—and features an enormous backyard and a large basement with ample storage. Extremely well kept and clean building with enormous upside potential for rent. The two studio units have been recently renovated, while Units 1–3 have been tastefully updated and maintained. Unit 4 is currently vacant, presenting an excellent opportunity for a new owner to renovate and increase rental income. With a well-balanced layout of three units on each side, this is a rare value-add investment opportunity in one of Somerville's most desirable locations. Please see broker for balance of photos and videos of each unit.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 4
  • Total Bedrooms: 10
  • Total Full Baths: 8
  • Amenities: Public Transportation
  • Basement Features: Full

Financial

  • APOD Available: Yes
  • Gross Operating Income: 158700
  • Net Operating Income: 158700

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: 1
  • Levels: 1

Unit 3 Description

  • Floors: 2

Unit 4 Description

  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1928
  • Type: 5-9 Family
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73552553
  • Last Updated: 07/26/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/25/2026Active$2,450,000$485MLSPIN
07/21/2026New$2,450,000$485MLSPIN

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Seller's Representative: Grace Bloodwell, 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 2026-07-26 07:20:00