361 Washington St

Somerville, MA 02143

$1,925,000
Price
11
Beds
3,700 Sq. Ft.
$520 / Sq. Ft.
3,700
Sq. Ft.
$520
per Sq. Ft.

Description

Prime investment opportunity in the heart of Somerville! This 3-family property offers roughly 3,700 sqft of living space across three spacious units, generating great rental income. Each unit features large living areas, in-unit dishwashers, and ample natural light, with a mix of 3-4 bedrooms per unit. Off-street parking and a paved driveway add convenience. Located near Porter Square, Harvard University, Whole Foods, and public transportation, this property is perfect for investors or owner-occupants....Prime investment opportunity in the heart of Somerville! This 3-family property offers roughly 3,700 sqft of living space across three spacious units, generating great rental income. Each unit features large living areas, in-unit dishwashers, and ample natural light, with a mix of 3-4 bedrooms per unit. Off-street parking and a paved driveway add convenience. Located near Porter Square, Harvard University, Whole Foods, and public transportation, this property is perfect for investors or owner-occupants. Additional highlights include separately metered electric, natural gas heating, vinyl siding, and a full basement with exterior access. Don’t miss this opportunity to own a high-income property in one of Somerville’s most desirable locations!
  1. Listed by The Sarkis Team • Douglas Elliman Real Estate - The Sarkis Team
  2. Listed by Alex Sanchez • Douglas Elliman Real Estate - The Sarkis Team

Property Details for 361 Washington Street

Town
Somerville
Area
MA-Somerville
Garage Spaces
0
Parking Spaces
1.00
Parking Spaces Total
1
LISTING UPDATED: 03/25/2025 02:09 PM

Property Details for 361 Washington Street

StatusContingent
MLS #73341064
Days on Market21
Taxes$16,541 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1900
CountyMiddlesex County

Building Information for 361 Washington Street

Stories6Residences3Year Built1900Building Size-Lot Size0.09 AC / 3,797 SF

Property Information for 361 Washington Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Highway Access, T-Station, University
  • Living Area: 3700.0
  • Color: White/Brow
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Vinyl
  • Interior Features: Laundry Room, Living Room, Kitchen
  • SpaYN: No
Exterior Features
  • Construction: Frame, See Remarks
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof Material: Other
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, On Street Permit, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, On Street Permit, Paved Driveway
  • Parking Features: Off-Street, On Street Permit, Paved Driveway
Utilities
  • Electric: Individually Metered
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M:64 B:C L:20,756873
  • Assessments: $1,572,300
  • Book: 0
  • Tax Year: 2024
  • Zoning: RB
Building / Association Information
Living Characteristics
  • Beds Total: 11
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Levels: 6
Income / Expenses
  • GOI: $136,740.00
  • NOI: $136,740.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $11,395.00

Property History for 361 Washington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 361 Washington Street

Taxable ValueLand$775,300Additions$797,000Total$1,572,300
Tax Record2024$16,541 ($1,378 / month)
Home Facts
Baths4Total Finished SqFt3,668 SqFtAbove Grade Finished SqFt3,668 SqFtStories3Lot Size3,797 SqFtStyleTriplexYear Built1900ZoningRBCountyMIDDLESEXAPNSOME M:64 B:C L:20

Schools near 361 Washington Street

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 1
Public - PK to 8
Rating
School
Distance
Somerville High School
Public9 to 12

Capuano Early Childhood Center
PublicPK to 1

John F. Kennedy Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate - The Sarkis Team, The Sarkis Team; Douglas Elliman Real Estate - The Sarkis Team, Alex Sanchez

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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 or leasing 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 or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.