Active
25 Days on market
54 Vernon Street #54 Somerville — Photo 1 of 35

54 Vernon Street #54 Somerville — Photo 1 of 35

Recent Drop: $50,900

$949,900
$899,000

$899,000

Investment Analysis — 54 Vernon Street #54

Somerville, MA 02145

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02145 carries an estimated $4,020/mo in gross rent — about a 3.40% cap rate and $30,546/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,527

Style

Condominium

Built

1900

A rare opportunity to own a true single-family alternative in this beautifully refreshed townhouse. This spacious 3 bedroom, 1.5 bath home lives like a single-family, complete with a private 2-car driveway, private deck and patio, a massive common yard, and fully separate utilities. Step into an inviting entryway that opens to a light-filled living area with high ceilings. The oversized eat-in kitchen impresses with granite counters, stainless steel appliances, upgraded cabinetry, and a breakfast bar, while the slider off the kitchen leads out to the private deck and expansive yard; perfect for entertaining. Laundry and a half bath round out the first floor. Upstairs, you'll find two generously sized bedrooms, a smaller 3rd bedroom/office, and a full bath. The finished walkout basement adds flexible bonus space, ideal as a home office, fitness room, or additional living area. Fresh paint throughout, new light fixtures, central AC, hardwood flooring, and a rebuilt front porch make this home truly move-in ready. All this just a 6-minute walk to the Magoun Green Line T, and moments from the Somerville Community Path and Gilman Square.

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 MLS and other third-party data may be inaccurate or out of date.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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$949,900
Annual Taxes$4,916
HOA Fee$100

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
Foundation--
ZoningNR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Laundromat • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 1
First
Living RoomDining RoomKitchenBathroom 2
Basement
Family Room
Living Room
Lvl First

14 x 13

Flooring - Hardwood, Cable Hookup

Dining Room
Lvl First

11 x 16

Flooring - Hardwood, Open Floorplan

Kitchen
Lvl First

10 x 16

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Dryer Hookup - Electric, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Stainless Steel Appliances, Washer Hookup

Family Room
Lvl Basement

20 x 15

Primary Bedroom
Lvl Second

14 x 14

Closet, Flooring - Hardwood, Cable Hookup

Bedroom 2
Lvl Second

14 x 13

Bedroom 3
Lvl Second

7 x 11

Flooring - Hardwood

Bathroom 1
Lvl Second

7 x 7

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

2 x 7

Bathroom - Half

Property History

Price Drop
$899,000

Was $949,900

Sep 8, 2026

MLS® 73565552

Listed
$949,900

Aug 19, 2026

MLS® 73565552

Listing Provided By

Listing Agent: Matthew Czepiel

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73565552