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Exceptional investment opportunity in the heart of Davis Square. This rare corner three-family property offers abundant parking and endless potential for investors, owner-occupants, or developers. Unit 1 features two bedrooms plus a den and sits above street level, providing added privacy and natural light. Unit 2 offers three spacious bedrooms, while Unit 3 includes one bedroom plus additional unfinished space with potential to expand the living area. The building's desirable southern exposure and numerous windows fill each unit with sunlight throughout the day. A partially finished basement with generous ceiling height presents additional possibilities for expansion or future improvements. Ideally located just a five-minute walk to Porter Square Station, Star Market, and the vibrant restaurants, cafs, and shops of both Porter and Davis Squares. A unique opportunity in one of Somerville's most sought-after neighborhood. Offers are due on Tuesday June 30th at 12pm

More Info

Basic Information

  • Gross Income $24,000
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number 750557

Tax Information

  • Tax Assessed Value $1,563,200
  • Tax Year 2026
  • Taxes$17,164

Parking

  • Parking Spaces4

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms6
  • Full Bath3

Basic Information

  • List Price$1,695,000
  • MLS Number73540783
  • Modification Date06/24/2026
  • Property SubType3 Family

Location

  • Address157 Elm Street
  • Building Number157
  • CountyMiddlesex
  • NeighborhoodDavis Square
  • StateMA
  • StreetElm Street
  • SubdivisionDavis Square
  • TownSomerville
  • Zip02144

Building

  • BasementPartially Finished
  • Building Area Units Square Feet
  • FoundationGranite
  • Levels 3
  • Patio And Porch Features Enclosed, Patio
  • Rooms15
  • Stories3
  • Units3
  • Year Built1920
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.1

Exterior

  • RoofShingle

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,719
  • Lot Size Square Feet 4,155
  • Lot Size Units Acres
  • Square Feet2,719

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Other AmenitiesBasement

Legal

  • ZoningRes

Other

  • Date Listed06/24/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Iliyan Padinkov of Coldwell Banker Realty - Boston

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