
54 Vernon Street #54 Somerville — Photo 1 of 35
Recent Drop: $50,900
$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.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Interior Specifications
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Building & Exterior
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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
Living Room
Lvl First14 x 13
Flooring - Hardwood, Cable Hookup
Dining Room
Lvl First11 x 16
Flooring - Hardwood, Open Floorplan
Kitchen
Lvl First10 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 Basement20 x 15
Primary Bedroom
Lvl Second14 x 14
Closet, Flooring - Hardwood, Cable Hookup
Bedroom 2
Lvl Second14 x 13
Bedroom 3
Lvl Second7 x 11
Flooring - Hardwood
Bathroom 1
Lvl Second7 x 7
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl First2 x 7
Bathroom - Half
Property History
$899,000
Was $949,900
Sep 8, 2026
MLS® 73565552
$949,900
Aug 19, 2026
MLS® 73565552
Listing Agent: Matthew Czepiel
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73565552