Victorian 3-Unit
9 Dartmouth Street, Somerville, MA 02145
For Sale
$1,399,900
Each of the three apartments has two bedrooms and one full bathroom.
Property Size3,028 SF
Price / SF$462.32
Days on Market27
Property Features for 9 Dartmouth Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Amenities
wraparound porch
fenced yard
patio
raised garden beds
solar panels
Building Details
Year Built
Construction
Listing Agency:
Keller Williams Realty Boston Northwest
Listed By:
Santana Team · License #PersonLicenseNumber
(617) 858-5475
Source:
Demakis
Added: Oct 13
Changed: Nov 6
Last Checked: Nov 6 at 10:44AM
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 Keller Williams Realty Boston Northwest
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1920, this 3,028-square-foot Victorian triplex contains three apartments, each with two bedrooms and one full bathroom. A wraparound porch fronts the home. Improvements include updated kitchens and baths, replaced plumbing, three furnaces, newer hot water tanks, insulation, and a metal roof with solar panels. The property is vacant and includes a fenced yard, patio, and raised garden beds.
A detached, two-story carriage house at the rear has a loft that may support a fourth unit or ADU, subject to approvals and completion. The property is less than a quarter mile from the Green Line.
A detached, two-story carriage house at the rear has a loft that may support a fourth unit or ADU, subject to approvals and completion. The property is less than a quarter mile from the Green Line.
Key Highlights
- Three apartments, each with two bedrooms and one full bathroom
- 3,028 square feet; built in 1920
- Updated kitchens and baths, replaced plumbing, three furnaces, newer hot water tanks, and insulation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,074
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,281,480
$1.3M
Cap Rate 7%
$915,343
$915.3K
Cap Rate 9%
$711,933
$711.9K
Market Conditions
NOI Build-Up for 3,028 SF
Gross rent
$96.3K $31.80/SF
− Vacancy
−$4.8K −$1.57/SF
EGI
$91.5K $30.23/SF
− OpEx
−$27.5K −$9.07/SF
NOI
$64.1K $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%
$1,281,480
Cap Rate 7%
$915,343
Cap Rate 9%
$711,933
Alternative Uses
Best Use
Multifamily LT 5
$915.3K
$800.9K – $1.07M
NOI $64,074 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$860.7K
$753.1K – $1.00M
NOI $60,247 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,480 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,034
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
$784,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Triplexes in Somerville, MA
Properties on Market for Triplexes in Somerville
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Each of the three apartments has two bedrooms and one full bathroom.
Where is this triplex located?
The property is located at 9 Dartmouth Street Somerville, MA.
What is the asking price?
The asking price for this property is $1,399,900.
What are key features of this property?
This property features: Three apartments, each with two bedrooms and one full bathroom; 3,028 square feet; built in 1920; Updated kitchens and baths, replaced plumbing, three furnaces, newer hot water tanks, and insulation
