A true CASH COW! Gross 17,000 plus per month! Incredibly well-maintained multi-family with a long history of generating excellent cash flow. With more than 5200 sq feet, this spacious, sun-filled property features many high quality updates including 2 kitchens with granite counter tops and breakfast bar, 2 kitchens with butcher block counters and islands, contemporary wood cabinets, stainless steel appliances, and tiled bathrooms. Beautiful hardwood floors and recessed lighting throughout, separate laundry in each unit, and 2 separate decks. Maintenance free siding, new roof (2019), central air in unit 1, wide driveway accommodating 8 vehicles. Great location with easy access to downtown Boston and Cambridge and 3 blocks to future Green Line T stop. Matterport virtual tour attached to mls. Easy to show.
Multi-familyProperty Type
1905Year Built
5,420 sq ftLot Size
$693Est. Price/Sq.Ft.
6 spacesParking
Listed by Shane Marrion• Benoit Real Estate Group ,LLC
Bought with Evan Delaney• Bulfinch Boston Realty, Inc.
Great 3 family plus additional in law apartment. Owner's unit beautifully renovated with central air. Off street parking. Pretty, tree lined street. Convenient location. Separate utilities. Nice home for owner occupancy or condo conversion.
Year
Property tax
Land + Additions
Assessment*
2025
$16,637 (+7.0%)
$445,700 + $1,079,200
$1,524,900
2024
$15,552 (+2.4%)
$445,700 + $1,032,600
$1,478,300
2023
$15,189 (+4.4%)
$445,700 + $1,023,300
$1,469,000
2022
$14,548 (+8.9%)
$424,400 + $1,004,700
$1,429,100
2021
$13,361 (+7.2%)
$404,200 + $907,000
$1,311,200
2020
$12,463 (+9.3%)
$388,700 + $846,500
$1,235,200
2019
$11,406 (+4.9%)
$329,900 + $730,100
$1,060,000
2018
$10,872 (+1.2%)
$318,300 + $643,000
$961,300
2017
$10,739 (+1.3%)
$296,700 + $623,500
$920,200
2016
$10,599 (+4.6%)
$256,600 + $589,300
$845,900
2015
$10,132 (+23.3%)
$228,800 + $574,700
$803,500
2014
$8,215 (+3.1%)
$200,400 + $448,500
$648,900
2013
$7,966 (+2.5%)
$191,100 + $402,500
$593,600
2012
$7,770 (+3.0%)
$191,100 + $402,500
$593,600
2011
$7,545 (+1.5%)
$191,100 + $402,500
$593,600
2010
$7,432 (−4.0%)
$193,700 + $410,500
$604,200
2009
$7,738
$227,000 + $433,800
$660,800
Tax history for 124 Walnut St
Year
Property tax
Land + Additions
Assessment*
2025
$16,637 (+7.0%)
$445,700 + $1,079,200
$1,524,900
2024
$15,552 (+2.4%)
$445,700 + $1,032,600
$1,478,300
2023
$15,189 (+4.4%)
$445,700 + $1,023,300
$1,469,000
2022
$14,548 (+8.9%)
$424,400 + $1,004,700
$1,429,100
2021
$13,361 (+7.2%)
$404,200 + $907,000
$1,311,200
2020
$12,463 (+9.3%)
$388,700 + $846,500
$1,235,200
2019
$11,406 (+4.9%)
$329,900 + $730,100
$1,060,000
2018
$10,872 (+1.2%)
$318,300 + $643,000
$961,300
2017
$10,739 (+1.3%)
$296,700 + $623,500
$920,200
2016
$10,599 (+4.6%)
$256,600 + $589,300
$845,900
2015
$10,132 (+23.3%)
$228,800 + $574,700
$803,500
2014
$8,215 (+3.1%)
$200,400 + $448,500
$648,900
2013
$7,966 (+2.5%)
$191,100 + $402,500
$593,600
2012
$7,770 (+3.0%)
$191,100 + $402,500
$593,600
2011
$7,545 (+1.5%)
$191,100 + $402,500
$593,600
2010
$7,432 (−4.0%)
$193,700 + $410,500
$604,200
2009
$7,738
$227,000 + $433,800
$660,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
9
Baths
5
Stories
3
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Sq. Ft.
4,574
Year built
1905
Style
Multi-Family (2-4 Unit)
County
Middlesex County
APN
756498
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
NR
Neighborhood Residence District
To implement the objectives of the Comprehen Sive Plan of the City of Somerville.; To conserve already established areas of detached and semi-detached residential buildings.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Public service
Educational/school
Recreation
Dec 29, 2021 • Final
Electrical
Electrical
Mar 11, 2021 • Final
Electrical
Install a new electrical service panel with a main breaker for a 5G antenna on a telephone pole.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Spaces: 6
Parking Features: Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 5
Basement Information
Basement: Full, Finished
Interior Features
# of Rooms (Total): 28
Flooring: Wood
Unit #1 Information
# of Levels: 2
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: Y
Exterior
Building Information
Building Area (Total): 2,633
Construction Materials: Frame
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Approximate
Exterior Features
Roof: Shingle
Patio And Porch Features: Deck
Property Information
PropertySubType: Multi Family
Lot Information
Lot Size (Acres): 0.12
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $12,463.10
Tax Year: 2020
Utilities
Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers
Heating & Cooling
Cooling Units: 1
Location
Location Information
Directions: GPS it.
UnparsedAddress: 124 Walnut Street, Somerville MA 02145
Community Information
Senior CommunityYN: No
Public facts
Beds: 9
Baths: 5.0
Sq. Ft.: 4,574
Stories: 3.0
Lot Size: 5,227 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1905
Year Renovated: —
County: Middlesex County
APN: 756498
Home facts updated by county records on Jul 16, 2026
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
K - 12
Preschool & daycare
Winter Hill Community School
Public PreK-8 • Assigned • 0.3mi
3/10
Somerville High School
Public 9-12 • Assigned • 0.2mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
The densest city in New England and the birthplace of Marshmallow Fluff! Somerville will continue to be a competitive Seller's market due to limited new inventory. With many T stops, mixed-use spaces, and close proximity to Cambridge and Boston,...