Great opportunity to buy into the Somerville market - a renovated multifamily property for less than the price of a single-family home in the highly desirable Porter Square / Harvard / Union Square area.This property offers a strong rental history and the flexibility for an owner to live in one unit while renting the other, or rent both units and immediately generate cash flow. Units will be delivered vacant. Previous rents were $3,400/month for Unit 1 and $5,800/month for Unit 2. Renovated in 2022 with condo-quality finishes throughout, including Porcelanosa tile, Kohler vanities, and fixtures. With a Walk Score of 87 and located less than a mile from MBTA Red Line, Green Line, and bus service, this home offers exceptional access to everything the area has to offer. Just minutes from Harvard Law, Harvard Graduate campuses, and Tufts, this is a rare opportunity to live in and own income-producing property in one of Somerville's most desirable neighborhoods.

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Basic Information

Gross Income $109,200
Lot Features Other
Mls StatusNew
Parcel Number M:0044 B:000A L:0030,753970

Tax Information

Tax Assessed Value $1,267,700
Tax Year 2026
Taxes$13,919

School Information

Elementary SchoolBenjamin Brown School
High School Somerville High School
Junior HighAlbert Argenziano School

Parking

Open Parking YN Yes
Parking Features On Street
Parking Spaces

Rooms

Bathroom6
Bathrooms Total Decimal 6
Bedrooms6
Full Bath6

Basic Information

List Price$1,599,000
MLS Number73538736
Modification Date06/19/2026
Property SubTypeMulti Family

Location

Address17 Belmont Street
Building Number17
CountyMiddlesex
NeighborhoodSpring Hill
StateMA
StreetBelmont Street
SubdivisionSpring Hill
TownSomerville
Zip02143

Building

BasementFull
Building Area Units Square Feet
Construction Materials See Remarks
FoundationStone
Levels 3
Patio And Porch Features Porch
Rooms10
Stories3
Units2
Utilities For Gas Range, For Gas Oven, For Gas Dryer, For Electric Dryer
Year Built1900
Year Built Details Approximate
Year Built Source Public Records

Property

Acreage0.06

Interior

Flooring Hardwood

Exterior

Fencing Fenced
RoofShingle

Utilities

Electric Expense 216
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 2,577
Lot Size Square Feet 2,550
Lot Size Units Acres
Square Feet2,577

Amenities

AmenitiesPublic Transportation, Park, Medical Facility, Laundromat, Highway Access
Other AmenitiesBasement

Legal

ZoningNR

Other

Date Listed06/19/2026
Farm Land Area Units Square Feet

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Newton, MA

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Basic Information

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Newton, MA