116 Prospect St Somerville MA 02143 MLS #73396107

116 Prospect St
Somerville, MA, 02143
$1,600,000
4 Beds
3 Baths
2,970 SqFt
0.11 Acres
$1,600,000
116 Prospect St
Somerville, MA, 02143
Rare opportunity in prime Somerville! 116 Prospect St, a three-unit multi-family offers exceptional value for both investors and owner-occupants. Ideally located just minutes from Union Square (and the Green Line) in Somerville and Cambridge’s Inman Square, this property offers unbeatable convenience. Each unit includes private laundry and dedicated storage, garage parking for all three units, plus five additional off-street parking spots. Enjoy private balconies for each unit, full living and dining rooms in the second and third floor units, as well as bonus rooms perfect for a home office or guest space. The updated first-floor unit features two bedrooms and modern finishes. A smart investment in a vibrant, connected neighborhood. Property being sold AS IS for seller’s convenience.

Property Details

Price:
$1,600,000
MLS #:
73396107
Status:
Active Under Contract
Beds:
4
Baths:
3
Address:
116 Prospect St
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Neighborhood:
Union Square
City:
Somerville
Listed Date:
Jun 25, 2025
State:
MA
Finished Sq Ft:
2,970
Total Sq Ft:
2,970
ZIP:
02143
Lot Size:
4,680 sqft / 0.11 acres (approx)
Year Built:
1900
Units:
3

Schools

Interior

Appliances
Range, Refrigerator, Washer, Dryer
Bathrooms
3 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Wood, Carpet, Laminate
Heating
Baseboard, Hot Water
Laundry Features
Gas Dryer Hookup, Electric Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, T- Station
Construction Materials
Frame
Exterior Features
Balcony
Parking Features
Paved Drive, Off Street
Parking Spots
5
Roof
Rubber

Financial

Tax Year
2025
Taxes
$13,972
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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116 Prospect St
Somerville, MA