Sold

51 Oak St, Somerville, MA

Somerville · MA 02143

$2,950,000
Price
2
Beds
1
Baths
3120
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 8 Units
Lot size: 6,005 Sq.Ft Lot
Price per square foot: $1,154 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

FOR SALE near Inman Square and new green line extension - A total of 8 units consisting of two buildings with 4 units each including ON-SITE PARKING. Units approx. 780 sf +/- w/ 2 bedrm. and 1 bath. Separate heat and electric for each unit. Several units recently upgraded. Laundry not included but possible in basements. Great investor opportunity to keep revenue flowing while conversion to condo or upscale rentals is possible. Expiring leases for each tenant with pro forma available for interested buyers. The added value to this property is that one's commute by auto, walking, bicycling or public transportation puts one near Cambridge, MIT and Harvard University and this location has to offer.

Neighborhood & Transit

Inman Square

51 Oak St, Somerville · MA 02143

Nearby transit

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

  • Union Square Green 0.25 mi

Price Insight

Days on Market:
1651 days
Listing Price:
$3,600,000
Price per Sq.Ft:
$1,154
Tax Assessment:
$1,764,300 in 2021
Taxes:
$1,498 / Monthly

Home Facts

Interior Features

Bedrooms
2
Full Bathrooms
1
Half Bathrooms
0
Living Area
3,120 Sq.Ft
Broker Disclosure about Living Area
Buyer to verify units sizes
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
Unknown

Exterior Features

Lot Size
6,005 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 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
Stephen Cefalo
Listing office
Stephen Cefalo Real Estate
MLS PIN #
72900678
Disclosure
Buyer to verify units sizes