Somerville Triplex Investment
For Sale
$1,000,000
Pending
25 Alston St, Somerville, MA 02143
Triplex in Somerville with rehab potential and commuter convenience.
Property Size3,440 SF
Lot Size0.06 Acres
Days on Market324
Property Features for 25 Alston St
General Information
Standard status
Pending
Size
3,440 SF
Lot size
0.06 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$6,663
Building Details
Building Size
3,440 SF
Year Built
1884
Stories
3
Units
3
Listing Agency:
LAER Realty Partners
Listed By:
Vision Realty Group
(617) 800-9111
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 14
Last Checked: Oct 16 at 10:30AM
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 LAER Realty Partners
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Investment Insights
Based on property information with market context.
This triplex presents an investment opportunity in Somerville, offering convenient access to public transportation, major routes and highways, schools, and shopping. The property is situated in an area with new developments and rehabbed properties. It is suitable for generating rental income or for rehabilitation. The property requires rehabilitation.
Key Highlights
- Excellent investment opportunity in a desired Somerville location
- Commuter‑friendly location with easy access to public transportation, major routes, and highways
- Three‑unit property offering potential rental income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,792
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,455,840
$1.5M
Cap Rate 7%
$1,039,886
$1.0M
Cap Rate 9%
$808,800
$808.8K
Market Conditions
NOI Build-Up for 3,440 SF
Gross rent
$109.4K $31.80/SF
− Vacancy
−$5.4K −$1.57/SF
EGI
$104.0K $30.23/SF
− OpEx
−$31.2K −$9.07/SF
NOI
$72.8K $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 Rate 5%
$1,455,840
Cap Rate 7%
$1,039,886
Cap Rate 9%
$808,800
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$909.9K – $1.21M
NOI $72,792 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$977.8K
$855.6K – $1.14M
NOI $68,444 @ 7.0% cap · market cap 6.84%
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,553 @ 7.0% cap · market cap 14.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,313
Businesses Nearby
Explore this area
Business Placement
Demographics for 02143, MA
26,022
Population
12,901
Households
2
Avg Household Size
33
Median Age
74%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
17,348
Density / Sq Mi
$126,102
Median Household Income
$73,055
Median Earnings
$2,424
Median Rent
$930,200
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
Frequently Asked Questions
What type of property is this?
Triplex - Triplex in Somerville with rehab potential and commuter convenience.
Where is this triplex located?
The property is located at 25 Alston St Somerville, MA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Excellent investment opportunity in a desired Somerville location; Commuter‑friendly location with easy access to public transportation, major routes, and highways; Three‑unit property offering potential rental income
