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571-573 Somerville Ave, Somerville, MA

Somerville · MA 02143

$1,900,000
Price
15
Beds
7
Baths
5868
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 4 Units
Lot size: 5,558 Sq.Ft Lot
Price per square foot: $341 / Sq.Ft
Parking: 4 Off Street Spaces

About this home

Open house Weds 4/19 3:30-5PM Amazing investment opportunity - 2 attached Duplex condo buildings for a total of 4 separate condo units sold together, Conway Park Condominiums. This is the entire condo complex for sale as a package deal. 571-571A and 573-573A. Near Union and Porter Squares with access to both Red and Green Line T stops with off street parking. Designed for MAXIMUM income appreciation potential. The condo conversion has already been done. All 4 units have been updated in the last 10 years. Light and bright with high ceilings give it a spacious feel while the tile floors / stairs make it low maintenance. Current monthly rent roll of $10,025 can easily be maximized. Roof structure needs work, Sold AS-IS Must be sold as a package of all 4 units together, commercial financing, hard money or cash offers only. All 4 units are leased. All tenancies sold AS-IS regardless of rent status at closing. No security deposits will be transferred to the buyer. Master Deed Attac

Neighborhood & Transit

571-573 Somerville Ave, Somerville · MA 02143

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:
1307 days
Listing Price:
$1,999,996
Price per Sq.Ft:
$341
Tax Assessment:
$2,023,000 in 2022
Taxes:
$1,716 / Monthly

Home Facts

Interior Features

Bedrooms
15
Full Bathrooms
7
Half Bathrooms
0
Living Area
5,868 Sq.Ft
Broker Disclosure about Living Area
See condo Complex Master Deed
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5868
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
5,558 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
4 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Aluminum, Vinyl, Fiber Cement Siding
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Michael DelGreco
Listing office
Elite Realty Partners LLC
MLS PIN #
73094220
Disclosure
See condo Complex Master Deed