Sold

291 Summer Street, Somerville, MA

Somerville · MA 02144

$1,400,000
Price
6
Beds
3
Baths
2644
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 2 Units
Lot size: 2,614 Sq.Ft Lot
Price per square foot: $511 / Sq.Ft
Parking: No Parking

About this home

This 'Red Lady' could be yours! Fantastic opportunity on the doorsteps of both Davis & Porter Sqs, this lovely two-family house has been in the same family for decades and is well maintained and updated. The twelve well-proportioned sunny rooms are graced with generous sized windows, great ceiling height and feature beautiful original red oak and fir floors. The first-floor unit is comprised of five rooms and has open front and rear porches. The second unit occupies the two upper floors. It has four bedrooms and two bathrooms as well as an open front and an enclosed rear porch. Entertain with friends and guests on the patio in the cozy back yard or wander out to the minuteman bike path or off to any number of fabulous eateries, cafes and specialty food shops that are blocks from the front door. This property has tremendous investment potential, with great bones, it is perfect for an owner occupant w/ income, for an investor or for condominium conversion as it will be delivered vacant.

Neighborhood & Transit

Davis Square

291 Summer Street, Somerville · MA 02144

Nearby transit

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

  • Porter Red Commuter Rail 1 route 0.30 mi
    • Fitchburg Line
  • Davis Red 0.47 mi
  • Magoun Square Green 0.49 mi

Price Insight

Days on Market:
1418 days
Listing Price:
$1,350,000
Price per Sq.Ft:
$511
Tax Assessment:
$992,500 in 2022
Taxes:
$537 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,644 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, Circuit Breakers, 100 Amps, Individually Metered

Exterior Features

Lot Size
2,614 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Clapboard, Shingles
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Laura Palumbo-Hanson
Listing office
Gibson Sotheby's International Realty
MLS PIN #
73039134
Disclosure
Property being sold as is. There are a number of window screens missing.There are solar panels on the roof that are owned and maintained by Sunrun. This is a 25 year agreement term length which began in February 2020. (2.9% annual increase in monthly bill). The 2022 monthly electric bill is $ 71.92.