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    34 Belknap St Somerville, MA 02144

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    For Sale
    $1,775,000

    Fully leased 3-unit property in Teele Square neighborhood.

    Lot size:
    0.08 Acres

    Property Features for 34 Belknap St

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1910

    Source: William Raveis R.E. & Home Services Agent Meaghan S. Murphy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Teele Square Triplex Investment

    This is a fully leased 3-unit, 9-bedroom property located in the Teele Square neighborhood. The classic triple-decker is surrounded by similar well-kept properties. Each unit is bright, spacious, and well-maintained, featuring high ceilings, hardwood floors, and original wood trim. Each unit also has two private porches. The open living and dining areas offer a great flow for entertaining, while the kitchens include ample space and full pantries. Each unit has three large bedrooms with no shared walls. Additional features include coin-operated laundry in the basement, three tandem off-street parking spaces, new heating systems (2023), and recently replaced hot water tanks. The driveway has been newly paved with designer pavers. The property is conveniently located just minutes from Davis Square, Tufts University, shopping, restaurants, and public transportation.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1297128
    Latitude
    42.4061094

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    FAQs

    What type of property is this?
    Triplex - Fully leased 3-unit property in Teele Square neighborhood.
    Where is this triplex located?
    The property is located at 34 Belknap St Somerville, MA.
    What is the asking price?
    The asking price for this property is $1,775,000.
    What are key features of this property?
    This property features: - Fully leased 3-unit property in the desirable Teele Square neighborhood.; - Each unit features 3 large bedrooms with no shared walls, high ceilings, hardwood floors, original wood trim, and two private porches.; - New heating systems (2023) and recently replaced hot water tanks.
    (617) 875-9845
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    34 Belknap St Somerville, MA 02144
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    Somerville, MA 02144
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    34 Belknap St Somerville, MA 02144
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