Well-Maintained Two-Family
11 Sterling Street Somerville, MA 02144
11 Sterling Street, Somerville, MA, 02144
$1,200,000
For Sale
$1,200,000
Two separate units offer private entrances, porches, and independent stair access to basements with laundry.
Property Size2,795 SF
Price / SF$429.34
Days on Market105
Property Features for 11 Sterling Street
General Information
- Standard status
- Active
- Size
- 2,795 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1920
Listing agency
Thalia Tringo & Associates Real Estate,Inc.
Listed by
Thalia C. Tringo
(978) 658-2345
Source
Wilsonwolfe
Added: Apr 8 Updated: Jul 21 at 3:42AM Checked: Jul 21 at 3:42AM
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 Thalia Tringo & Associates Real Estate,Inc.
Investment Insights
Based on property information with market context.
This well-maintained classic two-family residence includes a first-floor unit with a wide foyer and coat closet, a living room opening to a dining room, an eat-in kitchen, and access to a rear porch and backyard. The unit also features two bedrooms separated by a full bath. The upper unit occupies two levels, with living and dining areas, an eat-in kitchen, a full bath, two bedrooms, and front and rear porches on the first level, plus two additional large rooms on the top floor that can be used as bedrooms or family rooms.
Separate stairwells lead from each unit to the basement, where each unit has its own systems and laundry area. Both units are currently vacant and described as in rentable condition, with updates potentially adding value for an owner-occupant or landlord.
The property is located in a convenient area near Teele Square and bike path access, with Tufts University and surrounding communities including North Cambridge, East Arlington, and West Medford also noted nearby.
Separate stairwells lead from each unit to the basement, where each unit has its own systems and laundry area. Both units are currently vacant and described as in rentable condition, with updates potentially adding value for an owner-occupant or landlord.
The property is located in a convenient area near Teele Square and bike path access, with Tufts University and surrounding communities including North Cambridge, East Arlington, and West Medford also noted nearby.
Key Highlights
- Classic 2‑family built in 1920 with two separate units
- First‑floor unit features wide foyer, LR/DR, eat‑in kitchen, and door to rear porch and backyard
- First‑floor layout includes 2 bedrooms separated by a full bath
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 | $88.9k | $31.80 |
| − Vacancy | −$4.4k | −$1.57 |
| EGI | $84.5k | $30.23 |
| − OpEx | −$25.3k | −$9.07 |
| NOI | $59.1k | $21.16 |
2,795 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$844.9K
$739.3K – $985.7K
NOI $59,143 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$794.4K
$695.1K – $926.9K
NOI $55,611 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$1.65M
$1.45M – $1.93M
NOI $115,824 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate units offer private entrances, porches, and independent stair access to basements with laundry.
Where is this duplex located?
The property is located at 11 Sterling Street Somerville, MA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Classic 2‑family built in 1920 with two separate units; First‑floor unit features wide foyer, LR/DR, eat‑in kitchen, and door to rear porch and backyard; First‑floor layout includes 2 bedrooms separated by a full bath
