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Sold for $1,565,000 on 08/04/25
  • $1,565,000

    116 Prospect St, Somerville, MA 02143

    4beds
    2,970sqft
    3 Family - 3 Units Up/Down
    Built in 1900
    -- sqft lot
    $1,574,600 Zestimate®
    $527/sqft
    $4,580 Estimated rent

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    $4,580/mo

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    $4,580/mo

    Rent Zestimate®

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    $9,768/mo

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    $9,768/mo

    Est. payment

    What's special

    Rare opportunity in prime Somerville! 116 Prospect St, a three-unit multi-family offers exceptional value for both investors and owner-occupants. Ideally located just minutes from Union Square (and the Green Line) in Somerville and Cambridge’s Inman Square, this property offers unbeatable convenience. Each unit includes private laundry and dedicated storage, garage parking for all three units, plus five additional off-street parking spots. Enjoy private balconies for each unit, full living and dining rooms in the second and third floor units, as well as bonus rooms perfect for a home office or guest space. The updated first-floor unit features two bedrooms and modern finishes. A smart investment in a vibrant, connected neighborhood. Property being sold AS IS for seller's convenience.

    Zillow last checked: 7 hours ago

    Listing updated: August 04, 2025 at 08:25am

    Listed by:

    Michael O'Brien,

    ERA Key Realty Services- Fram

    Bought with:

    Michael O'Brien

    ERA Key Realty Services- Fram

    Source: MLS PIN,MLS#: 73396107

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Hot Water
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: Gas Dryer Hookup, Electric Dryer Hookup
    Features
    • Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Office/Den
    • Flooring: Wood, Carpet, Laminate
    • Basement: Full,Interior Entry,Concrete,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,970
    • Total interior livable area: 2,970 sqft
    • Finished area above ground: 2,970

    Property

    Parking
    • Total spaces: 5
    • Parking features: Paved Drive, Off Street
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Exterior features: Balcony
    Lot
    • Size: 4,680 sqft
    • Features: Level
    Details
    • Parcel number: M:83 B:B L:23,759399
    • Zoning: RB

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family - 3 Units Up/Down
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    • Roof: Rubber
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range, for Gas Oven, for Gas Dryer, for Electric Dryer

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, T-Station
    Location
    • Region: Somerville

    HOA & financial

    Other financial information
    • Total actual rent: 0
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    Estimated market value
    $1,574,600