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16 Union Square 16 Union Sq 6 Unit Apartment Building $2,350,000 ($391,667/Unit) Somerville, MA 02143

Apartment Buildings Massachusetts Somerville 16 Union Sq, Somerville, MA 02143

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Investment Highlights

  • High demand rental market
  • Value-add potential
  • Potential for re-development
  • Public transportation access
  • Abundance of nearby amenities
  • Federal Qualified Opportunity Zone (QOZ)

Executive Summary

Prime Somerville location, value-add or potential redevelopment. Please contact listing broker directly for additional information including OM and rent roll.

Property Facts

Price $2,350,000 Building Class C
Price Per Unit $391,667 Lot Size 0.08 AC
Sale Type Investment Building Size 11,412 SF
No. Units 6 Average Occupancy 83%
Property Type Multifamily No. Stories 2
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
 Year Built 1900
Apartment Style Low-Rise Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning CC5 - Commercial Core 5
Price $2,350,000
Price Per Unit $391,667
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.08 AC
Building Size 11,412 SF
Average Occupancy 83%
No. Stories 2
Year Built 1900
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning CC5 - Commercial Core 5

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Smoke Free
  • Public Transportation
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (82)
Bike Score®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Property Taxes

Parcel Number SOME-000082-C000000-000001 Improvements Assessment $872,500
Land Assessment $436,100 Total Assessment $1,308,600

Property Taxes

Parcel Number
SOME-000082-C000000-000001
Land Assessment
$436,100
Improvements Assessment
$872,500
Total Assessment
$1,308,600
(857) 236-4691

Still interested?

Contact the broker for more information about this property

Contact

  • Brendon Bernazzani
    Brendon Bernazzani

  • Listing ID: 37930048

  • Date on Market: 10/3/2025

  • Last Updated:

  • Address: 16 Union Sq, Somerville, MA 02143

More public record information on 16 Union Sq, Somerville, MA 02143

The Union Square Multifamily Property at 16 Union Sq, Somerville, MA 02143 is currently available. Contact Bernazzani Real Estate, LLC for more information.

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16 Union Square | 16 Union Sq
(857) 236-4691 x

16 Union Square | 16 Union Sq

Brendon Bernazzani
(857) 236-4691

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