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171-175 Tremont St, Somerville, MA

Somerville · MA 02143

$3,600,000
Price
15
Beds
6
Baths
6354
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 6 Units
Lot size: 8,000 Sq.Ft Lot
Price per square foot: $567 / Sq.Ft
Parking: 12 Off Street Spaces

About this home

Golden Opportunity! Nestled in between current and future Life Science hubs, Kendall Sq and Union Sq., and equidistant to Harvard and MIT, 171-175 Tremont is a massive 6 family property which shows pride of ownership at every turn. All apts have large rooms, balconies, high ceilings, antique hardwood floors, and fully applianced kitchens. The maintenance free exterior, replacement windows, and separate utility systems make this a perfect income property for the passive investor or a great condo conversion for a savvy developer. Residents love the huge parking lot with room for 12+ cars! Leases are set to expire this summer, and two units are currently vacant. Current rents are below market. Trendy shops and restaurants are at your doorstep, and the property is under 1 mile to the Central Sq T Stop. Somerville consistently rates as one of the best rental markets in the region due to high density, amenities and local universities and businesses

Neighborhood & Transit

Inman Square

171-175 Tremont St, Somerville · MA 02143

Nearby transit

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

  • Union Square Green 0.22 mi

Price Insight

Days on Market:
2014 days
Listing Price:
$3,600,000
Price per Sq.Ft:
$567
Tax Assessment:
$2,290,600 in 2021
Taxes:
$1,945 / Monthly

Home Facts

Interior Features

Bedrooms
15
Full Bathrooms
6
Half Bathrooms
0
Living Area
6,354 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
220 Volts, 60 Amps/Less

Exterior Features

Lot Size
8,000 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
12 Parking Spaces

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
Sarah Martin
Listing office
RE/MAX Destiny
MLS PIN #
72822218