42 Calvin St Somerville, MA 02143
Prospect Hill NeighborhoodEstimated payment $25,498/month
Highlights
- Property is near public transit and schools
- Wood Flooring
- Park
- Somerville High School Rated A-
- Covered Patio or Porch
- 3-minute walk to Perry Park
About This Home
Exceptional investment opportunity in one of Somerville’s most desirable locations! This six-unit building features spacious units with flexible floor plans that allow them to function as 3-bedrooms, ideal for roommate living and with strong rental potential. Each apartment offers high ceilings that enhance the sense of space and light, along with private covered back porches. Ideally situated with easy access to Harvard University and the shops and services in vibrant Inman Square, this property places residents at the center of it all. Easy access to Whole Foods Market on Beacon Street, as well as Kirkland Village with its shops and dining destinations. A rare opportunity to own a well-located, income-generating property with strong upside in a thriving rental market. Current lease agreements in place through May 31, 2027.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $38,768
Year Built
- Built in 1900
Lot Details
- 4,999 Sq Ft Lot
- Level Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 9,106 Sq Ft Home
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Additional Features
- Covered Patio or Porch
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number 757126
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Shops
Recreation
- Park
Building Details
- Electric Expense $1,842
- Insurance Expense $8,862
- Water Sewer Expense $5,618
- Operating Expense $16,322
- Net Operating Income $216,710
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $36,144 | $3,312,900 | $938,100 | $2,374,800 |
| 2024 | $34,777 | $3,305,800 | $938,100 | $2,367,700 |
| 2023 | $33,594 | $3,248,900 | $938,100 | $2,310,800 |
| 2022 | $30,447 | $2,990,900 | $893,400 | $2,097,500 |
| 2021 | $28,450 | $2,792,000 | $850,900 | $1,941,100 |
| 2020 | $26,907 | $2,666,700 | $818,100 | $1,848,600 |
| 2019 | $23,791 | $2,211,100 | $699,500 | $1,511,600 |
| 2018 | $19,757 | $1,746,900 | $636,000 | $1,110,900 |
| 2017 | $18,489 | $1,584,300 | $600,000 | $984,300 |
| 2016 | $17,424 | $1,390,600 | $599,700 | $790,900 |
| 2015 | $16,170 | $1,282,300 | $553,300 | $729,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/06/2026 04/06/26 | For Sale | $4,200,000 | -- | $461 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73496731
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Ask me questions while you tour the home.