Active
52 Days on market
80 Heath Street Somerville — Photo 1 of 16

80 Heath Street Somerville — Photo 1 of 16

$1,890,000

80 Heath Street, Somerville, MA 02145

Somerville, MA 02145 — Winter Hill

Beds

8

Baths

4

SqFt

3,936

Style

4 Family

Built

1900

Outstanding investment opportunity in the highly desirable Winter Hill neighborhood of Somerville. This well-located 4-family property offers approximately 3,950 SF of living area with strong in-place income and excellent long-term upside in one of Greater Boston’s most competitive rental markets. The building consists of 8 bedrooms and 4 bathrooms across four units, each featuring functional layouts with strong rental appeal. Units include separate utilities, minimizing landlord expenses, and a walk-out basement with private laundry in each unit, adding convenience and value for tenants. Parking is street-based. Leases are structured on yearly terms, providing stable and predictable cash flow.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$480/sqft
Local Avg (Somerville)$524/sqft
8% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Somerville, MA.

Property Details

Financials

Original Price$1,890,000
Annual Taxes$14,680

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms18
FireplacesNone
FlooringHardwood
BasementPartially Finished

Climate & Utilities

HeatingOil
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningBUSB

Property & Lot

Acres0.12
SqFt Lot5,028
Lot FeaturesOther

Amenities & Appliances

Range • Disposal • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Population

27,495

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$124K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

64.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Wai Kit Or

Listing Office: V & E Realty

MLS® Number: 73553200

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