
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.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Listing Agent: Kristin Gennetti
Listing Office: Century 21 North East
MLS® Number: 73577934
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