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53 Prescott StSomerville, MA 02143

For Sale

$1,289,000

Smart Buyer Rebate $6,445

Investment Opportunity – Multi-Family Residential (MFR) Property in Somerville, Don’t miss this incredible opportunity to own a versatile multi-family home just minutes from the Green Line station and only 15 minutes from downtown Boston! This prime-location property includes 3 parking garages—a rare and valuable perk for urban living—and even has potential for an ADU (Accessory Dwelling Unit), offering additional income or flexible living space. With unbeatable access to public transit, strong rental potential, and proximity to shops, dining, and downtown amenities, this home is perfect for investors or homeowners seeking a high-value asset. Whether you're expanding your portfolio or seeking a property that generates a return on investment, this opportunity offers endless potential. Schedule your showing today—this won’t last long! Viewings commence from the open house.

Listed by Ranjan Thapa

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High Quality Real Estate LLC

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857-373-9607

Last updated October 14, 2025

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Source: MLSPin #73414834

Listing Facts

  • TypeMulti-family
  • NeighborhoodProspect Hill
  • Bedrooms5
  • Bathrooms3
  • Days on Prevu77
  • Taxes$12,683/year
  • Size2,941 sqft
  • Price per sqft$438

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/19/2025
Status changed to Active
$1,289,000
09/19/2025
Price Decreased
$1,289,000
08/28/2025
Status changed to Withdrawn
$1,399,999
08/22/2025
Price Decreased
$1,399,999
08/07/2025
Listed by High Quality Real Estate LLC
$1,499,999

Property Details for 53 Prescott St

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Laundromat, Bike Path, Highway Access, Private School, Public School, T-Station, University

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Shingle
  • Stories: 3
  • Stories Total: 3
  • Year Built: 1870
  • Year Built Details: Actual

Features

  • Road Frontage Type: Public

Measurements

  • Building Area Total: 2,941
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Area: 0
  • Lot Size Square Feet: 5,650
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $28,800.00

Taxes

  • Parcel Number: 756598
  • Tax Annual Amount: $12,683.00
  • Tax Assessed Value: $1,215,000.00
  • Tax Year: 2024

Interior

Measurements

  • Living Area: 2,941
  • Living Area Source: Other

Rooms

  • Basement: Unfinished
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5
  • Rooms Total: 10

Parking

Parking

  • Covered Spaces: 3
  • Garage Spaces: 3
  • Garage: Yes
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Parking Total: 6

Utilities

Equipment

  • Electric: 110 Volts
  • Sewer: Public Sewer
  • Water Source: Public

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.

Full MLS Disclaimers

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.