About this home
Exceptional value-add opportunity in Somerville’s highly desirable Union Square/Boynton Yards neighborhood. MR5 zoning may offer additional potential through future expansion or redevelopment, w/ the possibility of increasing living area and rental income, subject to zoning, permitting and other applicable approvals (buyer to independently verify). 63 Webster Ave is a well-maintained 3-family offering approximately 3,336 square feet of living area with 15 rooms, 9 bedrooms & 3 baths. Ideally located steps from the Union Square Green Line T station, with convenient access to Cambridge, Kendall Square, Inman Square and Boston. Fully leased until 8/31/2027. Numerous capital improvements include roof replacement, updated siding and hardwood floors, electrical upgrades, basement coin-operated laundry, driveway pavers, a fully renovated first-floor apartment, and recent basement plumbing and concrete work. Current rents are below market, creating future income-growth potential, while MR5 zoning offers an additional avenue to unlock value through future expansion or redevelopment. Backyard patio & 1-car off-street parking. Private showings w/ 24 hours notice.
Listing last checked: Listing updated:
Listed by Ed Abrams · RE/MAX Real Estate Center · MLS #73588742
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Details at a glance
Interior3 property facts
- Rooms
- 15
- Flooring
- Hardwood, Stone/Ceramic Tile
- Basement
- Yes · Full
Building5 property facts
- Style
- 3 Family
- Year built
- 1910
- Parking
- 1
- Foundation
- Stone, Brick/Mortar
- Roof
- Rubber
Land & utilities5 property facts
- Lot size
- 0.05 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- MR5
Financial2 property facts
- Annual taxes
- $17,513
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $1,625,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$9,676 / monthAdjust
- Principal & interest
- $8,217
- Property tax
- $1,459
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $17,513. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$1,625,000 · Sep 23, 2026
- Lsd
$3,150 · Sold $3,150 · Jun 14, 2025
More property insights
Automated value estimate $1,615,105
Estimated range $1,528,255–$1,701,955.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: average
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About 63 Webster Ave
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