Active
1 Days on market
166 Albion St Somerville — Photo 1 of 34

166 Albion St Somerville — Photo 1 of 34

$1,499,000

166 Albion St, Somerville, MA 02144

Somerville, MA 02144

Beds

6

Baths

3

SqFt

2,530

Style

Multi Family

Built

1910

A proven Somerville investment in one of the area's most connected locations! Positionedbetween Davis Square, Porter Square, and Magoun Square, 166 Albion Street offers convenientaccess to multiple MBTA stops, vibrant neighborhood amenities, and some of Somerville's mostsought-after destinations. This well-maintained two-family has delivered over a decade ofconsistent ownership and 0% vacancy, providing a strong track record of rental stability.Both units feature hardwood floors, updated kitchens and baths, high ceilings, and functionallayouts that appeal to today's rental market. Long-term tenants on the highly desirableSeptember 1st leasing cycle provide immediate stability for the next owner while allowing theproperty to benefit from the continued strength of the surrounding rental market.The neighborhood continues to evolve, with condo conversions, new businesses, improved transitaccess, and strong pride of ownership throughout the area. For an investor seeking a turnkey,income-producing two-family with an established rental history and long-term upside, 166Albion Street is a compelling opportunity.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$592/sqft
Local Avg (Somerville)$478/sqft
24% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Somerville, MA.

Property Details

Financials

Original Price$1,499,000
Annual Taxes$13,475

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms12
FireplacesNone
Flooring--
BasementUnfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningNR

Property & Lot

Acres0.08
SqFt Lot3,692
Lot FeaturesLevel

Geography

Population

25,448

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$150K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

63.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Ad Advisors Team

Listing Office: Block Realty

MLS® Number: 73580677

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