East Somerville Multifamily Investment
For Sale
$1,699,000
20 Autumn Street, Somerville, MA 02145
Multifamily property in a desirable, accessible East Somerville location.
Property Size3,540 SF
Price / SF$479.94
Days on Market203
Property Features for 20 Autumn Street
General Information
Standard status
Active
Size
3,540 SF
Property subtype
Multi-family
Building Details
Year Built
1890
Listing Agency:
Engel & Volkers Wellesley
Listed By:
Cindy Laughrea
(781) 248-6350
Source:
Hammondre
Added: Mar 23
Changed: Oct 11
Last Checked: Oct 11 at 10:07AM
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 Engel & Volkers Wellesley
Investment Insights
Based on property information with market context.
Located in East Somerville, 20 Autumn Street presents an investment opportunity in one of Greater Boston’s dynamic rental markets. The property's value is enhanced by its location and income potential. Situated minutes from Sullivan Square (Orange Line) and the Green Line Extension, Broadway /Cross Bus line, it offers access to Boston, Cambridge, and major universities, appealing to students and young professionals. This connectivity supports consistent rental demand and tenant stability. The neighborhood is surrounded by local dining, cafés, and everyday conveniences, and is close to Assembly Row’s retail and entertainment district. The location has a bikeScore of 84, indicating it is very bikeable, a walkScore of 84, indicating it is very walkable, and a transitScore of 67, indicating good transit.
Key Highlights
- Prime location in East Somerville, a high‑demand rental market.
- Minutes from Sullivan Square (Orange Line) and Green Line Extension, offering easy access to Boston and Cambridge.
- Strong income potential due to consistent rental demand from students and young professionals.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,434
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,408,680
$1.4M
Cap Rate 7%
$1,006,200
$1.0M
Cap Rate 9%
$782,600
$782.6K
Market Conditions
NOI Build-Up for 3,540 SF
Gross rent
$135.1K $38.16/SF
− Vacancy
−$7.0K −$1.98/SF
EGI
$128.1K $36.18/SF
− OpEx
−$57.6K −$16.28/SF
NOI
$70.4K $19.90/SF
Area
Middlesex County, MA
Vacancy
5.20%
Lease Rate
$38.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,408,680
Cap Rate 7%
$1,006,200
Cap Rate 9%
$782,600
Alternative Uses
Best Use
Apartment 5plus
$1.01M
$880.4K – $1.17M
NOI $70,434 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.10M
$1.83M – $2.44M
NOI $146,697 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,983
Businesses Nearby
Explore this area
Business Placement
Demographics for 02145, MA
27,520
Population
12,669
Households
2.2
Avg Household Size
33
Median Age
55%
College-Educated
89%
High-School Grad
1.4 sq mi
ZIP Area
19,657
Density / Sq Mi
$119,167
Median Household Income
$63,629
Median Earnings
$2,377
Median Rent
$784,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property in a desirable, accessible East Somerville location.
Where is this apartment building located?
The property is located at 20 Autumn Street Somerville, MA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Prime location in East Somerville, a high‑demand rental market.; Minutes from Sullivan Square (Orange Line) and Green Line Extension, offering easy access to Boston and Cambridge.; Strong income potential due to consistent rental demand from students and young professionals.
