Sold
1153-1155 Broadway Unit 0, Somerville, MA
Somerville · MA 02144
- $3,200,000
- Price
- 8
- Beds
- 7
- Baths
- 6920
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
5 Units
Lot size:
4,001 Sq.Ft Lot
Price per square foot:
$462 / Sq.Ft
Parking:
No Parking
About this home
RARE...RARE...RARE OPPORTUNITY! Only HALF A MILE TO DAVIS SQ. Exceptional BRICK 5 UNIT RESIDENTIAL BUILDING with DOUBLE RETAIL STOREFRONT SPACE. Fantastic opportunity for future growth and appreciation with the new proposed GREEN LINE STOP less than a mile away and TUFTS just over a quarter from the property. Future expansion of Teele Sq may also include a proposed hotel across the street which has been met with positive feedback. TOTAL CURRENT GROSS MONTHLY INCOME IS $15,150(Projected $16,900) / GROSS ANNUAL INCOME $181,800 (Projected $202,800)...Only two of the rental units have leases, the other three are Tenants At Will. Overall condition of the building is very good to excellent. Rated a Very Walkable Walk Score of 89! Current Zoning is NB (Neighborhood Business). New proposed zoning to be confirmed in 2019 will be MR4 which will allow for limited expansion.
Neighborhood & Transit
1153-1155 Broadway, Somerville · MA 02144
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Davis Red 0.50 mi
Price Insight
- Days on Market:
- 2596 days
- Listing Price:
- $3,200,000
- Price per Sq.Ft:
- $462
- Tax Assessment:
- $1,224,400 in 2018
- Taxes:
- $1,858 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 7
- Half Bathrooms
- 0
- Living Area
- 6,920 Sq.Ft
- Broker Disclosure about Living Area
- Sq Ft is approximate only and seller will NOT negotiate discrepancies.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 4,001 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- The Steve Bremis Team
- Listing office
- Steve Bremis Realty Group
- MLS PIN #
- 72440232
- Disclosure
- Sq Ft is approximate only and seller will NOT negotiate discrepancies.
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