Fully Leased 3-Unit Investment Property - $11,100 Monthly Rental Income! Discover an exceptional turnkey investment opportunity in the heart of Somerville. 15 Albion Street is a well-maintained three-family property generating a $133,200 annually. Each unit is fully leased with strong tenant history and parking for up to 5 cars. Each apartment offers private washer/dryers and is separately metered for gas and electricity, minimizing owner expenses and simplifying management. The property is ideally situated right along the Somerville Community Path, a scenic bike & walking trail connecting Davis Square to the new Green Line Extension, offering tenants easy access to public transportation and vibrant neighborhood amenities. Residents enjoy the luxury of 3 individual outdoor spaces and a perfect blend of urban convenience and outdoor lifestyle—just minutes to Davis Square, Porter Square, and Tufts University, as well as quick access to I-93 and Boston.
Listed by Lawrence O'Connor
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Sterling Beacon Hill
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617-785-6188
Listed by Alexander Jafry
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Sterling Beacon Hill
Last updated November 06, 2025
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Source: MLSPin #73449226
Listing Facts
TypeMulti-family
NeighborhoodPowder House
Bedrooms8
Bathrooms5
Days on Prevu21
Taxes$17,810/year
Size4,628 sqft
Price per sqft$454
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/29/2025
Listed by Sterling Beacon Hill
$2,100,000
Property Details for 15 Albion
Exterior
Construction
Number Of Units Total: 3
Stories: 6
Stories Total: 6
Year Built: 1900
Year Built Details: Approximate
Measurements
Building Area Total: 4,628
Building Area Units: Square Feet
Lot Features: Gentle Sloping
Lot Size Acres: 0.13
Lot Size Area: 0
Lot Size Square Feet: 5,662
Lot Size Units: Acres
Financial
Residential Income
Gross Income: $133,200.00
Operating Expense: $8,028.00
Taxes
Parcel Number: 753601
Tax Annual Amount: $17,810.00
Tax Assessed Value: $1,570,600.00
Tax Year: 2025
Interior
Features
Interior Features: Living Room
Measurements
Living Area: 4,628
Living Area Source: Public Record
Rooms
Bathrooms Full: 5
Bathrooms Total Integer: 5
Bedrooms Total: 8
Rooms Total: 23
Parking
Parking
Open Parking: Yes
Parking Features: Paved Drive
Parking Total: 5
Utilities
Equipment
Sewer: Public Sewer
Water Source: Public
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