For sale
$1,749,000
Multifamily property
4,261 SF building0.13 acres lot
$410/SF (asking price ÷ building area)
- Parking reported
246 School StSomerville, MA 02145
Listing courtesy of BHHS Verani Realty · MyStateMLS #12046971
For sale
$2,220,000
4,233 SF building0.06 acre lotBuilt 1900
202 Washington StSomerville, MA 02143
Multifamily property · MLS 12053521 · Listed 1 days ago (Nov 2, 2026)
Active: Listed and available according to the MyStateMLS feed.
About this property
Fully leased, lead-compliant 4-family in the heart of Union Square, steps to the Union Square Green Line station. 4,233 sq ft with two 1-bedroom and two 2-bedroom units, a two-car garage and driveway. Current gross rent is $10,750 per month ($129,000 per year), with all leases running through August 2027. Tenants pay their own heat and electricity. All four units hold Letters of Full Deleading Compliance (August 2026). Updated laundry and cosmetic improvements. UR zoning offers long-term upside for investors and developers. Walk to Bow Market, restaurants and shops, with quick access to Assembly Row, Cambridge, Route 93 and downtown Boston. An income property in one of Greater Boston's most sought-after neighborhoods.
Description provided by the listing brokerage.
Key facts
- Asking price
- $2,220,000
- Status
- For sale
- Property type
- MultifamilyFrom the MLS property class
- Building area
- 4,233 SFSource field LivingArea
- Land area
- 0.06 acresSource field LotSizeAcres
- Year built
- 1900
- MLS number
- 12053521
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $2,220,000
- Price per SF of building
- $524/SFAsking price ÷ 4,233 SF reported building area
Building and site
- County
- Middlesex County
Investment figures reported in the description
- Occupancy
- 100% (actual or pro forma not stated)". fully leased, lead-compliant 4-family in t…"
These figures are as written by the listing agent, without a stated period or supporting statements. Commercial Only does not calculate or verify them. Ask for rent rolls, operating statements and leases before relying on any figure.
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Somerville or multifamily property in Somerville.
Why this listing is on Commercial Only
- Multi-unit income property class. (PropertyTypeDetail: multi-unit)
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Price and status history
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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Guides
Listing courtesy of BHHS Verani Realty. Listing agent: Jack Lister. Listings provided by MyStateMLS.
Listing last modified at the source Nov 3, 2026, 2:14 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 3, 2026, 8:30 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.