Off Market

14-16 Crescent St, Somerville, MA

Somerville · MA 02145

$1,650,000
Price
8
Beds
5
Baths
3478
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 3 Units
Lot size: 4,627 Sq.Ft Lot
Price per square foot: $474 / Sq.Ft
Parking: No Parking

About this home

14-16 Crescent Street is a turn-key transit oriented 3-unit investment property located on the border of East Somerville and Charlestown in the Sullivan Square neighborhood. The property is comprised of three apartments (4BR/2BA duplex, 2BR/2BA flat, and 2BR/1BR flat) and a finished basement office rented to a local contracting company. The apartments have been renovated and feature central air-conditioning. The building is fully leased through 2023 and generates a substantial monthly rent of $10,150. This location is a commuter's dream as it has direct I-93 highway access and sits steps to the MBTA Orange line (Sullivan Station) and public Bus Depot. Tenants benefit from the endless dining, shopping, and entertainment options of Assembly Square and Boston's Encore Casino.

Neighborhood & Transit

14-16 Crescent St, Somerville · MA 02145

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Sullivan Square Orange 0.24 mi
  • East Somerville Green 0.37 mi

Price Insight

Days on Market:
1455 days
Listing Price:
$1,650,000
Price per Sq.Ft:
$474
Tax Assessment:
$1,259,000 in 2022
Taxes:
$1,102 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
5
Half Bathrooms
0
Living Area
3,478 Sq.Ft
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
4,627 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
Tony Pepdjonovic
Listing office
Marcus & Millichap Real Estate Investment Services
MLS PIN #
73057286