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419 Somerville Ave, Somerville, MA, 02143

5beds
3baths
1,887sqft
$1,150,000
$609price/sqft
$7,448/moest. monthly cost
$297,920/yrincome needed

About This Home

Exceptional investment opportunity in the heart of Somerville! One of 3 adjacent 3-family row houses offered by the same owner, this property presents the rare chance to acquire 1, 2, or all 3 buildings, creating a unique 9-unit portfolio in one of Greater Boston's strongest rental markets. Ideally located near vibrant Union Sq., the Green Line, bus service & Boston, the property also enjoys the convenience of Market Basket directly across the street, along with nearby restaurants, cafés, shops & everyday amenities. The 1st level formerly housed a storefront; buyers should perform their own due diligence regarding potential future uses. One unit currently occupied by tenant at will, the building provides immediate income with future upside and flexibility. A rare chance to invest in a high-demand location with exceptional long-term potential. Video: https://tours.madorephotography.com/dyZFPTmn

Getting Around

97
WalkingWalker's Paradise
79
TransitExcellent Transit
100
BikeBiker's Paradise

Schools

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Brick/Mortar
  • Roof: Tar/Gravel,Rubber

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family - 3 Units Up/Down

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Concrete

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Living Room,Kitchen
  • Finished area below ground: 0
  • Finished area above ground: 1,887

Interior Area

  • Total structure area: 1,887
  • Total interior livable area: 1,887 sqft

Property

Details

  • Parcel number: 756702
  • Zoning: UR
  • Exclusions: None

Lot

  • Lot size: 0.03 sqft
  • Features: Zero Lot Line

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,815$69,780
Home Insurance *$232$2,784
Property Taxes $1,029$12,348
Electricity $372$4,465
Total$7,448$89,376
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$255,360/yr
40% on housing$223,440/yr
45% on housing$198,613/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$609This listing

vs Other Active Listings

Avg $/sqft

ZIP 02143$560
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 02143$805
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-08Listed for sale$1,150,000
2019-11-18Listing removed$1,600
2019-10-23Listed for rent$1,600

For Sale by Agent

AgentAngela Caputo Griswold
BrokerageERA Key Realty Services

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