2,719 Sq. Ft.
$623 / Sq. Ft.
2,719
Sq. Ft.
$623
per Sq. Ft.

Description

Exceptional investment opportunity in the heart of Davis Square. This rare corner three-family property offers abundant parking and endless potential for investors, owner-occupants, or developers. Unit 1 features two bedrooms plus a den and sits above street level, providing added privacy and natural light. Unit 2 offers three spacious bedrooms, while Unit 3 includes one bedroom plus additional unfinished space with potential to expand the living area. The building's desirable southern exposure and...Exceptional investment opportunity in the heart of Davis Square. This rare corner three-family property offers abundant parking and endless potential for investors, owner-occupants, or developers. Unit 1 features two bedrooms plus a den and sits above street level, providing added privacy and natural light. Unit 2 offers three spacious bedrooms, while Unit 3 includes one bedroom plus additional unfinished space with potential to expand the living area. The building's desirable southern exposure and numerous windows fill each unit with sunlight throughout the day. A partially finished basement with generous ceiling height presents additional possibilities for expansion or future improvements. Ideally located just a five-minute walk to Porter Square Station, Star Market, and the vibrant restaurants, cafés, and shops of both Porter and Davis Squares. A unique opportunity in one of Somerville's most sought-after neighborhood. Offers are due on Tuesday June 30th at 12pm
  1. Listed by Iliyan Padinkov • Coldwell Banker Realty - Boston

Property Details for 157 Elm Street

Town
Somerville
MLS Area
Davis Square
Area
MA-Somerville-Davis Square, MA-Somerville
Garage Spaces
0
Open Parking Spaces
4.00
Parking Spaces Total
4
LISTING UPDATED: 07/01/2026 09:08 PM

Property Details for 157 Elm Street

StatusContingent
MLS #73540783
Days on Market7
Taxes$17,164 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1920
CountyMiddlesex County

Location

Listing Courtesy of Coldwell Banker Realty - Boston, Iliyan Padinkov
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Building Information for 157 Elm Street

Stories3Residences3Year Built1920Building Size-Lot Size0.10 AC / 4,155 SF

Payment Calculator

$9,877 per month

30 year fixed, 6.36% Interest

Principal and Interest

$8,446

Property Taxes

$1,430

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 157 Elm Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Private School, Public School, T-Station
  • Living Area: 2719.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Partially Finished
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Exterior Features: Porch - Enclosed, Patio
  • Lot Description: Corner Lot
  • Patio And Porch Features: Enclosed, Patio
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: 750557
  • Assessments: $1,563,200
  • Book: 0000
  • Tax Year: 2026
  • Zoning: Res
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Granite
  • Levels: 3
Income / Expenses
  • GOI: $24,000.00
  • NOI: $24,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $2,000.00

Property History for 157 Elm Street

DateEvent & SourcePriceAppreciation
Jul 1, 2026

Contingent

MLS PIN #73540783

Jun 24, 2026

Listed (Active)

MLS PIN #73540783

$1,695,000
DateEvent & SourcePrice
07/01/2026

Contingent

MLS PIN #73540783

06/24/2026

Listed (Active)

MLS PIN #73540783

$1,695,000

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

Public Records for 157 Elm Street

Taxable ValueLand$880,500Additions$580,500Total$1,461,000
Tax Record2025$15,940 ($1,328 / month)
Home Facts
Baths3Total Finished SqFt2,719 SqFtAbove Grade Finished SqFt2,719 SqFtStories2Lot Size4,155 SqFtStyleTriplexYear Built1920ZoningRBCountyMIDDLESEXAPNSOME M:25 B:E L:19

Schools near 157 Elm Street

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 5
Public - PK to 8
Rating
School
Distance
John F. Kennedy Elementary School
PublicPK to 8

Somerville High School
Public9 to 12

Benjamin G. Brown School
PublicK to 5

Winter Hill Community 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.

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Listing Courtesy of Coldwell Banker Realty - Boston, Iliyan Padinkov

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.