Duplex with Private Outdoor
New
For Sale
$1,499,000
110 W Adams St, Somerville, MA 02144
MULTI_FAMILY - Somerville, MA
Property Size3,174 SF
Lot Size0.09 Acres
Price / SF$472.27
Days on Market2
Property Features for 110 W Adams St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
NR
Bedrooms
8
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 6, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 8, Bedroom 4, Bedroom 7, Bedroom 5, Bathroom 1
Parking
3
Fireplace
1
Directions
Conwell to West Adams
Standard status
Active
APN
M:0007 B:000C L:0011,747603
Size
3,174 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
12903
Amenities
laundry room
private backyard
Building Details
Year built
1910
Floors in Building
3
Number of units
2
Listing Agency:
REMAX Andrew Realty Services · RE/MAX International
(781) 395-7676
Listed By:
John Veneziano
(781) 395-7676
Added: Aug 10
Last Checked: Aug 11 at 11:06PM
MLS# 73561351
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1910 duplex contains 3,174 square feet across two residential units. Both units include laundry areas, eat-in kitchens, hardwood flooring, and additional rooms suited to office, study, guest, play, or living functions. The upper residence includes a second level with two more bedrooms, while the property overall includes eight bedrooms and two bathrooms. Each unit is connected to its own water meter, and the backyard is arranged as two separate outdoor areas.
The property is located in West Somerville near Tufts University, neighborhood shops, cafes, and restaurants. Green Line transportation is accessible nearby, with major highways providing connections to Boston and surrounding communities. The lot encompasses 0.0875 acres, and the home includes a fireplace.
The property is located in West Somerville near Tufts University, neighborhood shops, cafes, and restaurants. Green Line transportation is accessible nearby, with major highways providing connections to Boston and surrounding communities. The lot encompasses 0.0875 acres, and the home includes a fireplace.
Key Highlights
- 3,174‑square‑foot duplex built in 1910
- Eight bedrooms and two bathrooms across two units
- Two separate water meters, one assigned to each unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$67,163
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,343,260
$1.3M
Cap Rate 7%
$959,471
$959.5K
Cap Rate 9%
$746,256
$746.3K
Market Conditions
NOI Build-Up for 3,174 SF
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.
Gross rent
$100.9K $31.80/SF
− Vacancy
−$5.0K −$1.57/SF
EGI
$95.9K $30.23/SF
− OpEx
−$28.8K −$9.07/SF
NOI
$67.2K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,343,260
Cap Rate 7%
$959,471
Cap Rate 9%
$746,256
Alternative Uses
Best Use
Multifamily LT 5
$959.5K
$839.5K – $1.12M
NOI $67,163 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$902.2K
$789.4K – $1.05M
NOI $63,152 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,530 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,166
Businesses Nearby
Explore this area
Business Placement
Demographics for 02144, MA
25,497
Population
11,881
Households
2.1
Avg Household Size
31
Median Age
75%
College-Educated
96%
High-School Grad
1.1 sq mi
ZIP Area
23,179
Density / Sq Mi
$140,591
Median Household Income
$74,639
Median Earnings
$2,654
Median Rent
$987,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residence with separate laundry areas, flexible bonus rooms, and independently metered water service.
Where is this duplex located?
The property is located at 110 W Adams St Somerville, MA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 3,174‑square‑foot duplex built in 1910; Eight bedrooms and two bathrooms across two units; Two separate water meters, one assigned to each unit
