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46-52 Hancock Street Somerville — Photo 1 of 42

46-52 Hancock Street Somerville — Photo 1 of 42

$2,599,900

Investment Analysis — 46-52 Hancock Street

Somerville, MA 02144 — Davis Square

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-unit multi-family in 02144 carries an estimated $15,740/mo in gross rent — about a 4.46% cap rate and $115,836/yr in estimated NOI at the $2,599,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

10

Baths

4.5

SqFt

4,422

Style

4 Family

Built

1920

RARE opportunity to own this attractive parcel on the corner of Summer and Hancock Street, comprised of a THREE FAMILY HOME & A SINGLE FAMILY HOME WITH 2 CAR GARAGE! This beauty has been family owned for many years. The adorable single family sits on the corner of the lot and consists of a living room, eat-in kitchen, 2 bedrooms & a full bath on the 1st floor, 2 bedrooms & 1/2 bath on second floor, & a finished basement with 2 bonus rooms & laundry area. The 3 family has beautiful high ceilings, spacious rooms & period details. Units 1 & 2 have 5 rooms with 2 beds & a bath - & unit 3 has 4 rooms with 2 beds & a bath. Fenced in yard, separate utilities, gas heating, coin-op laundry, & storage areas for each unit. Exterior freshly painted in 2025! New furnaces for 2nd & 3rd floor in 2024! This property will be delivered vacant. Close to Davis Square, Porter Square, the Red Line, Bike Path, bus line, Harvard & Tufts University, schools & Boston! THIS AN INCREDIBLE OPPORTUNITY FOR A POTENTIAL CONDO CONVERSION, INVESTMENT, OR FOR AN OWNER OCCUPANT TO BE THE NEW STEWARD OF THIS LOVELY SLICE OF SOMERVILLE! THE PROPERTY WILL BE DELIVERED VACANT & IS A BLANK CANVAS FOR YOUR IDEAS! Offers due Tuesday 9/22 at 12:00 p.m.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$2,599,900
Annual Taxes$27,713

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms22
FireplacesNone
FlooringWood, Carpet, Varies, Hardwood
BasementFull, Partially Finished

Climate & Utilities

HeatingSteam, Natural Gas, Forced Air
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone, Brick/Mortar
ZoningNR

Property & Lot

Acres0.12
SqFt Lot5,302
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility

Geography

Listing Provided By

Listing Agent: Kristin Gennetti

Listing Office: Century 21 North East

MLS® Number: 73577934