Sold
275 Summer, Somerville, MA
Somerville · MA 02144
- $1,735,000
- Price
- 12
- Beds
- 3
- Baths
- 3741
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
3 Units
Lot size:
3,638 Sq.Ft Lot
Price per square foot:
$441 / Sq.Ft
Parking:
No Parking
About this home
CASH COW $113600 GROSS INCOME WITH A VACANCY FOR LAST 4 MONTHS OF 2020. CLASSIC TRIPLE DECKER 1 BLOCK TO PORTER SQ, RED LINE, AND SHOPPING CENTER. ALL THE NICE FEATURES INCLUDING BAY WINDOWS, OAK FLOORS, BUILT IN DINING ROOM HUTCHES, EAT IN KITCHENS W/WALK IN PANTRIES, FRONT AND REAR PORCHES OVERLOOKING YARD, UPDATED SYSTEMS, RUBBER ROOF ABOUT 17 YEARS OLD, COMMON LAUNDRY IN BASEMENT, UNIT 1 LEASED TO 8/31/21 AND UNIT 3 LEASED TO 7/31/21. UNIT TWO WAS PAYING $3100 UNTIL 8/31/20 WHEN THEY VACATED . A CAP RATE OF 5% PUTS THIS PROPERTY AT 1.9M AND A CAP RATE OF 5.5% PUTS IT AT $1,733,345
Neighborhood & Transit
Davis Square
275 Summer, Somerville · MA 02144
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Porter Red Commuter Rail 1 route 0.31 mi
- Fitchburg Line
-
Magoun Square Green 0.44 mi
Price Insight
- Days on Market:
- 2111 days
- Listing Price:
- $1,650,000
- Price per Sq.Ft:
- $441
- Tax Assessment:
- $1,268,800 in 2020
- Taxes:
- $1,067 / Monthly
Home Facts
Interior Features
- Bedrooms
- 12
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 3,741 Sq.Ft
- Broker Disclosure about Living Area
- per city records
- 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
- Circuit Breakers, 100 Amps
Exterior Features
- Lot Size
- 3,638 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
- Gary Vrotsos Team
- Listing office
- Coldwell Banker Realty - Cambridge
- MLS PIN #
- 72756793
- Disclosure
- per city records