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54 NEWTON STREET, Somerville, MA

Somerville · MA 02143

$3,875,000
Price
17
Beds
12
Baths
6108
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 10 Units
Lot size: 5,500 Sq.Ft Lot
Price per square foot: $651 / Sq.Ft
Parking: No Parking

About this home

10 UNIT ROW HOUSE IN HIGHLY DESIRED INMAN SQUARE!!!! Well maintained townhouse style units all currently occupied. Owner has updated most of the units over the years with newer kitchens, vanities, appliances, flooring, doors, light fixtures, and fresh paint. All units have separate gas heating, hot water heaters, and electric panels. New retaining wall, patio work, and in the process of replacing the roof. Opportunity for new owner to increase rents as the units are occupied under market value. Most leases expire at the end of July and August. Somerville is considered one of the best rental markets in the Greater Boston area and only has room to grow once the new train stop is up and running. Rent Roll and expense sheet attached.

Neighborhood & Transit

Inman Square

54 NEWTON STREET, Somerville · MA 02143

Nearby transit

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

  • Union Square Green 0.06 mi

Price Insight

Days on Market:
2112 days
Listing Price:
$3,975,000
Price per Sq.Ft:
$651
Tax Assessment:
$1,778,500 in 2020
Taxes:
$1,495 / Monthly

Home Facts

Interior Features

Bedrooms
17
Full Bathrooms
12
Half Bathrooms
0
Living Area
6,108 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
Unknown

Exterior Features

Lot Size
5,500 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
Mike DeStefano
Listing office
Coldwell Banker Residential Brokerage - Waltham
MLS PIN #
72687898