Fully Leased 3-Unit Investment Property - $11,100 Monthly Rental Income! Discover an exceptional turnkey investment opportunity in the heart of Somerville. 15 Albion Street is a well-maintained three-family property generating a $133,200 annually. Each unit is fully leased with strong tenant history and parking for up to 5 cars. Each apartment offers private washer/dryers and is separately metered for gas and electricity, minimizing owner expenses and simplifying management. The property is ideally situated right along the Somerville Community Path, a scenic bike & walking trail connecting Davis Square to the new Green Line Extension, offering tenants easy access to public transportation and vibrant neighborhood amenities. Residents enjoy the luxury of 3 individual outdoor spaces and a perfect blend of urban convenience and outdoor lifestyle—just minutes to Davis Square, Porter Square, and Tufts University, as well as quick access to I-93 and Boston.
Listed by Lawrence O'Connor
·
Sterling Beacon Hill
·
617-785-6188
Listed by Alexander Jafry
·
Sterling Beacon Hill
Last updated November 06, 2025
·
Source: MLSPin #73449226
Listing Facts
TypeMulti-family
NeighborhoodPowder House
Bedrooms8
Bathrooms5
Days on Prevu45
Taxes$17,810/year
Size4,628 sqft
Price per sqft$454
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/29/2025
Listed by Sterling Beacon Hill
$2,100,000
Property Details for 15 Albion
Exterior
Construction
Number Of Units Total: 3
Stories: 6
Stories Total: 6
Year Built: 1900
Year Built Details: Approximate
Measurements
Building Area Total: 4,628
Building Area Units: Square Feet
Lot Features: Gentle Sloping
Lot Size Acres: 0.13
Lot Size Area: 0
Lot Size Square Feet: 5,662
Lot Size Units: Acres
Financial
Residential Income
Gross Income: $133,200.00
Operating Expense: $8,028.00
Taxes
Parcel Number: 753601
Tax Annual Amount: $17,810.00
Tax Assessed Value: $1,570,600.00
Tax Year: 2025
Interior
Features
Interior Features: Living Room
Measurements
Living Area: 4,628
Living Area Source: Public Record
Rooms
Bathrooms Full: 5
Bathrooms Total Integer: 5
Bedrooms Total: 8
Rooms Total: 23
Parking
Parking
Open Parking Spaces: 5
Open Parking: Yes
Parking Features: Paved Drive
Parking Total: 5
Utilities
Equipment
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 8 bedrooms and 5 bathrooms in this multi-family home at 15 Albion.
Does this multi-family home have parking?
Yes, there are 5 parking spaces available for 15 Albion.
What are the annual taxes for 15 Albion?
Annual taxes for this multi-family home are estimated at $17,810.
How does 15 Albion compare to other multi-family homes in Powder House?
This multi-family home is listed 24% above the average price for multi-family homes in Powder House and has been on the market for 17 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 4,628 sqft.
15 Albion is a 8-bedroom, 5-bath multi-family home for sale in Somerville MA 02143. Available on Prevu for 45 days at $2,100,000. This home features 4,628 square feet of living space, located in Powder House. The median listing price for multi-family homes in this area is $1,199,900. Property amenities include parking. View other multi-family home listings in Somerville.
The property listing data and information, or the Images, set forth herein were provided
to MLS Property Information Network, Inc. from third party sources, including sellers,
lessors, landlords and public records, and were compiled by MLS Property Information
Network, Inc. The property listing data and information, and the Images, are for the
personal, non commercial use of consumers having a good faith interest in purchasing,
leasing or renting listed properties of the type displayed to them and may not be used
for any purpose other than to identify prospective properties which such consumers may
have a good faith interest in purchasing, leasing or renting. MLS Property Information
Network, Inc. and its subscribers disclaim any and all representations and warranties
as to the accuracy of the property listing data and information, or as to the accuracy
of any of the Images, set forth herein.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.