Triplex with Double-Wide
11 Endicott Ave Somerville, MA 02144
11 Endicott Ave, Somerville, MA, 02144
$1,500,000
For Sale
$1,500,000
Well-maintained triplex with parking for up to six vehicles, separate utilities, gas heat, and a rubber roof replaced in 2026.
Property Size3,153 SF
Price / SF$475.74
Days on Market29
Property Features for 11 Endicott Ave
General Information
- Standard status
- Active
- Size
- 3,153 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1920
Listing agency
Benoit Real Estate Group ,LLC
(617) 750-6378
Listed by
Shane Marrion
(617) 750-6378
Source
Lockandkeyre
Added: Jun 23 Updated: Jul 21 at 12:42PM Checked: Jul 21 at 12:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Benoit Real Estate Group ,LLC
Investment Insights
Based on property information with market context.
This well-maintained triplex offers a large double-wide driveway providing parking for up to six vehicles, along with separate utilities and gas heating systems. The units feature hardwood floors, modern kitchens, and built-in cabinetry. Outside, the property includes a spacious backyard, and a rubber roof was replaced in 2026.
The building is located in the Davis Square/Teele Square area with convenient access to Tufts University, Porter Square, Harvard Square, Route 16, the Community Path, and the Davis Square Red Line station.
The property also features a strong rental history and is well suited for either investment ownership or owner occupancy.
The building is located in the Davis Square/Teele Square area with convenient access to Tufts University, Porter Square, Harvard Square, Route 16, the Community Path, and the Davis Square Red Line station.
The property also features a strong rental history and is well suited for either investment ownership or owner occupancy.
Key Highlights
- Well‑maintained triplex built in 1920 with a newer rubber roof replaced in 2026
- Double‑wide driveway with parking for up to six vehicles
- Separate utilities and gas heating systems
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.3k | $31.80 |
| − Vacancy | −$5.0k | −$1.57 |
| EGI | $95.3k | $30.23 |
| − OpEx | −$28.6k | −$9.07 |
| NOI | $66.7k | $21.16 |
3,153 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$953.1K
$834.0K – $1.11M
NOI $66,719 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$896.2K
$784.2K – $1.05M
NOI $62,734 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$1.87M
$1.63M – $2.18M
NOI $130,660 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Well-maintained triplex with parking for up to six vehicles, separate utilities, gas heat, and a rubber roof replaced in 2026.
Where is this triplex located?
The property is located at 11 Endicott Ave Somerville, MA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Well‑maintained triplex built in 1920 with a newer rubber roof replaced in 2026; Double‑wide driveway with parking for up to six vehicles; Separate utilities and gas heating systems
