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55 Elm StSomerville, MA 02144

For Sale

$3,900,000

Smart Buyer Rebate $19,500

Rare mixed-use opportunity at one of Somerville’s most recognizable corners, across from the Porter Square Shopping Center and T Stop. Formerly home to the beloved and iconic Big Fish Little Fish store, this highly visible location has been a destination for generations of local residents. The property consists of a 6,290 SF mixed-use building featuring two commercial storefronts, a three-unit multifamily residence (two 1-bedroom units and one 2-bedroom unit), a driveway and yard. The commercial spaces include back rooms and basement storage, with the potential to combine both storefronts into a single larger space. The property offers exceptional redevelopment and investment potential. Ideal for condominiums, multifamily housing, and mixed-use development. Being delivered vacant, this transit-oriented site (also sees lots of foot traffic) provides unmatched accessibility to Cambridge, Boston, and surrounding communities.

Listed by David Lilley

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RE/MAX Real Estate Center

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617-290-5868

Last updated June 15, 2026

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Source: MLSPin #73536182

Listing Facts

  • TypeMulti-family
  • NeighborhoodSpring Hill
  • Bedrooms4
  • Bathrooms3
  • Days on PrevuNew Today
  • Taxes$16,881.04/year
  • Size2,426 sqft
  • Price per sqft$1,608

Amenities

  • Parking

Location

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Listing History

06/15/2026
Listed by RE/MAX Real Estate Center
$3,900,000

Property Details for 55 Elm St

Association

Amenities

  • Community Features: Public Transportation, Shopping, Highway Access, House Of Worship, Public School, T-Station, University

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Shingle, Rubber
  • Stories: 3
  • Stories Total: 3
  • Year Built: 1900
  • Year Built Details: Actual
  • Construction Materials: Frame

Features

  • Road Frontage Type: Public

Measurements

  • Building Area Total: 2,426
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Area: 0
  • Lot Size Square Feet: 4,043
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:31 B:A L:11A,4271696
  • Tax Annual Amount: $16,881.04
  • Tax Assessed Value: $1,547,300.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Vinyl, Hardwood

Measurements

  • Living Area: 2,426
  • Living Area Source: Public Record

Rooms

  • Basement: Full, Unfinished
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Rooms Total: 11

Parking

Parking

  • Open Parking Spaces: 2
  • Parking Features: Off Street
  • Parking Total: 2

Utilities

Equipment

  • Sewer: Public Sewer
  • Utilities: For Gas Range
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 4 bedrooms and 3 bathrooms in this multi-family home at 55 Elm St.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 55 Elm St.

What are the annual taxes for 55 Elm St?

Annual taxes for this multi-family home are estimated at $16,881.

How does 55 Elm St compare to other multi-family homes in Spring Hill?

This multi-family home is listed 33% below the average price for multi-family homes in Spring Hill and has been on the market for 42 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 2,426 sqft.

55 Elm St is a 4-bedroom, 3-bath multi-family home for sale in Somerville MA 02144. On Prevu for 0 days at $3,900,000. This property features 2,426 square feet of living space, located in Spring Hill. The median listing price for multi-family homes in this area is $979,000. Property amenities include parking. Explore more 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.

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.