Sold

38-40 Fairmount Ave, Somerville, MA

Somerville · MA 02144

$1,435,000
Price
7
Beds
3.5
Baths
3440
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 2 Units
Lot size: 3,500 Sq.Ft Lot
Price per square foot: $436 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

Family Owned for over 58 Years! UNDER A MILE to the DAVIS SQ REDLINE... just over a HALF MILE TO THE TUFTS GREEN LINE. A LOT OF HOUSE...Brick Front 14 Room (5&9) 2 FAMILY with OVER 3400 SQ FT OF LIVING AREA... living area does NOT incl E-Z BONUS EXPANSION of a previously finished basement that has ADDITIONAL HALF BATH. Quiet serene highly sought after neighborhood...close to everything! FIRST FLR UNIT IS VACANT w/ 5 rms, 2 bdrms & a full bath... 2nd Floor Unit is rented for $3,700 a month w/ 9 rms 5 bdrms & 2 full baths...lease exp is 8/31/24. Hardwood floors on 1st floor. First floor ktchn has pantry. Both units have laundry's. BASEMENT HAS OVER 900 SQ FT... MOST OF WHICH IS FINISHED. Solid house in good condition with incredible upside & fantastic rent potential. Driveway has pavers with off street parking for 2 cars. Back yard has patio area! Rated a VERY WALKABLE WALK SCORE OF 89... VERY BIKEABLE BIKE SCORE OF 87 w/ EXCELLENT TRANSIT. ENTIRE HOUSE CAN BE DELIVERED VACANT!

Neighborhood & Transit

38-40 Fairmount Ave, Somerville · MA 02144

Nearby transit

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

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
845 days
Listing Price:
$1,499,000
Price per Sq.Ft:
$436
Tax Assessment:
$1,312,400 in 2024
Taxes:
$1,151 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,440 Sq.Ft
Broker Disclosure about Living Area
Living area is approximate only from public records and not considered accurate.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3440
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

Exterior Features

Lot Size
3,500 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 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
The Steve Bremis Team
Listing office
Steve Bremis Realty Group
MLS PIN #
73263717
Disclosure
First Floor is vacant and Second flr lease expires 8/31/24...Second flr lease expires 8/31/24 and is currently rented for $3700...far under current market rent for similar units. Exclusions include a rose bush located in front of '38'.s No showings until 1st Open House and by appointment thereafter
Disclosure
Living area is approximate only from public records and not considered accurate.