Sold
56-58 Walnut St. & 4-6 Pleasant Ave., Somerville, MA
Somerville · MA 02143
- $8,750,000
- Price
- 26
- Beds
- 22
- Baths
- 16229
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1890
Units:
22 Units
Lot size:
0.44 Acre Lot
Price per square foot:
$555 / Sq.Ft
Parking:
No Parking
About this home
The Hollander Block consists of two majestic Queen Anne buildings on the corner of Walnut St & Pleasant Ave on Prospect Hill in Union Sq, one of the fastest growing neighborhoods in Somerville. This rare asset consists of 22 apartments - 20 one bed & 2 three bed units. The property is conveniently located just 3 blocks from bustling Union Sq, soon to be home to the new Green Line extension. The neighborhood boasts many great shops & restaurants including the recently established Bow Market. The Union Square Redevelopment has added to the upward trajectory that Union Sq has been experiencing and is poised to add 2.4 million sqft of office, retail and lab space. All leases are ending on varying dates in the summer of 2020, producing annual gross income of $525,000 with projected annual gross income of $591,000. There is significant value add opportunity through cosmetic updates and basic living area optimization. Rubber roofs replaced in 2002 & 2014, gas heat conversion in 2008.
Neighborhood & Transit
Union Square
56-58 Walnut St. & 4-6 Pleasant Ave., Somerville · MA 02143
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Gilman Square Green 0.25 mi
-
Union Square Green 0.44 mi
Price Insight
- Days on Market:
- 2111 days
- Listing Price:
- $9,000,000
- Price per Sq.Ft:
- $555
- Tax Assessment:
- $4,641,100 in 2020
- Taxes:
- $516,867 / Monthly
Home Facts
Interior Features
- Bedrooms
- 26
- Full Bathrooms
- 22
- Half Bathrooms
- 0
- Living Area
- 16,229 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
Exterior Features
- Lot Size
- 19,166 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
- Adam Umina
- Listing office
- Metro Realty Corp.
- MLS PIN #
- 72660222