Sold
361 Somerville Ave, Somerville, MA
Somerville · MA 02143
- $2,320,000
- Price
- 5
- Beds
- 5.5
- Baths
- 6720
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1920
Units:
6 Units
Lot size:
2,410 Sq.Ft Lot
Price per square foot:
$357 / Sq.Ft
Parking:
No Parking
About this home
Rare opportunity available 6 unit investment property in Union Square, Somerville. Located 0.6 miles from newly proposed Green Line Extension 'Union Square' stop. (5) one bedroom residential rental units are all currently occupied as well as the 1,300 sq. ft. retail store front below in this brick building. Current gross income is $146,000 annually with ability to improve units and raise rents. Located in the heart of Union Square, this area boasts plenty of shopping, dining, local markets, offices, and commutability. Close proximity to Cambridge Harvard square and Inman square.Offered deadline Sunday, March 13 5 PM. Make offers good until Tuesday, March 15 at 5 PM .
Neighborhood & Transit
Union Square
361 Somerville Ave, Somerville · MA 02143
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Union Square Green 0.32 mi
-
Gilman Square Green 0.46 mi
Price Insight
- Days on Market:
- 1637 days
- Listing Price:
- $2,399,000
- Price per Sq.Ft:
- $357
- Tax Assessment:
- $1,041,600 in 2022
- Taxes:
- $884 / Monthly
Home Facts
Interior Features
- Bedrooms
- 5
- Full Bathrooms
- 5
- Half Bathrooms
- 1
- Living Area
- 6,720 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
- Other (See Remarks), Individually Metered
Exterior Features
- Lot Size
- 2,410 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl, Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Brendan Nixon
- Listing office
- Coldwell Banker Realty - Brookline
- MLS PIN #
- 72939053
- Disclosure
- Building to be delivered fully tenanted. Current tenants in various stages of a 1 year lease. Commercial tenant in Unit 6 (Commercial Retail) in an escalating 3 year lease.Section 8 tenant in unit 1 whose lease ends 8/31/22. Pro-Forma Attached on MLS
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