281 Alewife Brook Pkwy Somerville MA 02144 MLS #73389240

281 Alewife Brook Pkwy
Somerville, MA, 02144
$1,125,000
5 Beds
2 Baths
2,350 SqFt
0.11 Acres
$1,125,000
281 Alewife Brook Pkwy
Somerville, MA, 02144
Directly across from Dilboy Field and close to Tufts and Teele Square, this well-maintained 2-family is a prime investment opportunity with strong rental income in place. Set on a dead-end cul-de-sac and tucked off the main street across from a newly added park, the first-floor 2-bed, 1-bath unit is leased through August 2026; the upper 3-bed, 1-bath unit with private porch is leased through August 2025. Both units offer hardwood floors, separate living and dining rooms, and period charm including built-in china cabinets. A fenced backyard and off-street parking for 3+ cars add value and appeal. With stable tenants and a desirable location near transit, parks, and universities, this property is a smart addition to any portfolio. Seller welcomes offers with requests for buyer concessions.

Property Details

Price:
$1,125,000
MLS #:
73389240
Status:
Pending
Beds:
5
Baths:
2
Address:
281 Alewife Brook Pkwy
Type:
Multi Family
City:
Somerville
Listed Date:
Jun 11, 2025
State:
MA
Finished Sq Ft:
2,350
Total Sq Ft:
2,350
ZIP:
02144
Lot Size:
4,624 sqft / 0.11 acres (approx)
Year Built:
1920
Units:
2

Schools

Interior

Bathrooms
2 Full Bathrooms
Heating
Hot Water, Steam

Exterior

Parking Features
Off Street
Parking Spots
6
Roof
Shingle

Financial

Net Operating Income
$78,600
Tax Year
2025
Taxes
$11,198
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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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281 Alewife Brook Pkwy
Somerville, MA