15-17 Oak Street Pl Somerville, MA 02143
This exceptional investment opportunity presents two attached two-family homes situated on a sizable 8,600 square foot lot in desirable Somerville, Massachusetts. Centrally located between vibrant Inman Square and Union Square, this property boasts a prime residential setting. Owned and meticulously maintained by the same family for over half a century, this 1900-built property offers 7 bedrooms and 5 bathrooms across its 3,845 square feet of interior living space. The unit configuration includes a 1-bedroom, 1-bathroom unit and a 1-bedroom plus 1-bathroom unit on the first floor, and a 2-bedroom, 1-bathroom unit and a 3-bedroom, 2-bathroom unit on the second floor. Heating is provided by a forced hot air, gas system with six zones (one per floor in each unit). A substantial 2,004 square foot unfinished basement offers significant potential for expansion or additional storage. The property also features a sizeable backyard, a side yard at 17 Oak Street, and a paved driveway at 15 Oak Street providing off-street parking for three vehicles. The City of Somerville separately assesses #15 and #17 for tax purposes
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.