Updated Triplex with
For Sale
Contact for pricing
Pending
40 Cherry St, Somerville, MA 02144
Three-unit multifamily property with updated kitchens, bathrooms, siding, and rear decks.
Property SizeContact for details
Days on Market144
Property Features for 40 Cherry St
General Information
Standard status
Pending
Total Parking Spaces
6
Property subtype
Retail
Occupancy
100%
Units
Unit Mix
1 x 3BR/1.5BA, 2 x 4BR/1.5BA
Multifamily Units
3
Additional Details
Gross Income
$168,000
Public Transit
Yes
Building Details
Buildings
1
Stories
3
Construction
triple decker
Tenancy
Multi
Listing Agency:
Berkshire Hathaway HomeServices Commonwealth Real Estate Somerville
Listed By:
Charlie Ball · License #MA
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Sep 1 at 2:49AM
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 Berkshire Hathaway HomeServices Commonwealth Real Estate Somerville
Investment Insights
Based on property information with market context.
This three-unit multifamily property offers a spacious residential configuration, with each apartment measuring over 1,300 square feet. The unit mix includes one three-bedroom, one-and-a-half-bath apartment and two four-bedroom, one-and-a-half-bath apartments. Recent property improvements include new siding, rear decks, and refreshed kitchens and bathrooms. Assigned parking accommodates 6 cars behind the building.
The property is located at 40 Cherry St in Somerville, near the MBTA Red Line stops serving Porter Square and Davis Square. Harvard/Radcliffe Quad and Tufts University are each 1.5 miles away, while Boston’s Financial District is just over 3 miles from the property. The location carries a Walk Score of 95 and a Bike Score of 96. The building was fully leased for the period from 9/1/23 through 8/31/24.
The property is located at 40 Cherry St in Somerville, near the MBTA Red Line stops serving Porter Square and Davis Square. Harvard/Radcliffe Quad and Tufts University are each 1.5 miles away, while Boston’s Financial District is just over 3 miles from the property. The location carries a Walk Score of 95 and a Bike Score of 96. The building was fully leased for the period from 9/1/23 through 8/31/24.
Key Highlights
- Three‑unit multifamily property with one 3BR/1.5BA apartment and two 4BR/1.5BA units
- Each apartment measures over 1,300 sf
- Assigned rear parking for 6 cars
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,996
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
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit multifamily property with updated kitchens, bathrooms, siding, and rear decks.
Where is this triplex located?
The property is located at 40 Cherry St Somerville, MA.
What are key features of this property?
This property features: Three‑unit multifamily property with one 3BR/1.5BA apartment and two 4BR/1.5BA units; Each apartment measures over 1,300 sf; Assigned rear parking for 6 cars
