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508-510 Broadway, Somerville, MA

Somerville · MA 02145

$1,450,000
Price
11
Beds
4
Baths
4086
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1905
Units: 3 Units
Lot size: 2,800 Sq.Ft Lot
Price per square foot: $355 / Sq.Ft
Parking: No Parking

About this home

HUGE Triple-decker 3-family with over 4000 SF of living area, just steps from trendy Magoun Square, many restaurants, close to Tufts University and the incoming Green Line T stop! Excellent income potential with 3 large apartments. Units #1 & 2 boast 4 BR's! Unit #3 has 3 BR's plus an open concept DR / LR. Currently rented at 50% occupancy. Pre-Covid Gross Income as high as $93,840/year. Tall ceilings, Eat-in kitchens, Hardwood floors, spacious rooms and a terrific location make this very well maintained property highly rentable! 30-year roof installed in 2014. Newer furnaces. Lead compliance certificate on hand. No permit required to park on Charles Ryan Rd or on Broadway in front of the baseball field. You can park in front of the property overnight from 8pm - 8am. One unit vacant and great tenants in other 2 units make this the perfect opportunity for an owner-occupant or absentee investor. Properties like this are rarely available! Don't miss out! GROUP SHOWING: 4/10 @ 11:30-12:30.

Neighborhood & Transit

Magoun Square

508-510 Broadway, Somerville · MA 02145

Nearby transit

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

  • Magoun Square Green 0.29 mi
  • Ball Square Green 0.31 mi

Price Insight

Days on Market:
2056 days
Listing Price:
$1,450,000
Price per Sq.Ft:
$355
Tax Assessment:
$1,050,900 in 2020
Taxes:
$884 / Monthly

Home Facts

Interior Features

Bedrooms
11
Full Bathrooms
3
Half Bathrooms
2
Living Area
4,086 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
Circuit Breakers, Individually Metered

Exterior Features

Lot Size
2,800 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
Carey Gatto
Listing office
Keller Williams Realty Boston Northwest
MLS PIN #
72799379