Oversized 3-Family with Four Garage
152-154 Glen Street Somerville, MA 02145
152-154 Glen Street, Somerville, MA, 02145
$1,798,000
For Sale
$1,798,000
Three-unit building with four garage bays, driveway parking, and matching four-bedroom layouts with rear enclosed porches.
Property Size4,398 SF
Lot Size0.12 Acres
Price / SF$408.82
Days on Market53
Property Features for 152-154 Glen Street
General Information
- Standard status
- Active
- Size
- 4,398 SF
- Lot size
- 0.12 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 1890
Listing agency
Phoenix Real Estate
Listed by
Yuan Guo
(617) 993-4639
Source
Flowrealty
Added: May 30 Updated: Jul 21 at 12:34AM Checked: Jul 21 at 7:05AM
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 Phoenix Real Estate
Investment Insights
Based on property information with market context.
154 Glen Street offers an oversized three-family configuration with nearly 4,400 square feet of living area on a 5,200 square foot lot. Each unit includes four bedrooms, a spacious eat-in kitchen with pantry, a rear enclosed porch, and laundry hookups. The first-floor unit features hardwood flooring.
The property has four garage bays and driveway parking. Recent improvements include a roof replacement completed in 2025, a new hardwired Smoke & CO system completed in 2026, and a recently repaved driveway with added drainage completed per city requirements.
Positioned near the Green Line Extension and Community Bike Path, the home is also close to Davis Square, Union Square, Sullivan Square, Assembly Row, Route 93, and Downtown Boston.
The property has four garage bays and driveway parking. Recent improvements include a roof replacement completed in 2025, a new hardwired Smoke & CO system completed in 2026, and a recently repaved driveway with added drainage completed per city requirements.
Positioned near the Green Line Extension and Community Bike Path, the home is also close to Davis Square, Union Square, Sullivan Square, Assembly Row, Route 93, and Downtown Boston.
Key Highlights
- Three‑family property built in 1890 on a 5,200 sq ft lot with nearly 4,400 sq ft of living area.
- Each unit offers a 4‑bedroom layout plus a spacious eat‑in kitchen with pantry.
- Rear enclosed porch and laundry hookups in each unit.
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 | $139.9k | $31.80 |
| − Vacancy | −$6.9k | −$1.57 |
| EGI | $132.9k | $30.23 |
| − OpEx | −$39.9k | −$9.07 |
| NOI | $93.1k | $21.16 |
4,398 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.33M
$1.16M – $1.55M
NOI $93,063 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$1.25M
$1.09M – $1.46M
NOI $87,505 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$2.60M
$2.28M – $3.04M
NOI $182,252 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit building with four garage bays, driveway parking, and matching four-bedroom layouts with rear enclosed porches.
Where is this triplex located?
The property is located at 152-154 Glen Street Somerville, MA.
What is the asking price?
The asking price for this property is $1,798,000.
What are key features of this property?
This property features: Three‑family property built in 1890 on a 5,200 sq ft lot with nearly 4,400 sq ft of living area.; Each unit offers a 4‑bedroom layout plus a spacious eat‑in kitchen with pantry.; Rear enclosed porch and laundry hookups in each unit.
