Sold
61 Myrtle St Unit 0, Somerville, MA
Somerville · MA 02145
- $1,070,000
- Price
- 6
- Beds
- 2.5
- Baths
- 2403
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
2 Units
Lot size:
4,580 Sq.Ft Lot
Price per square foot:
$416 / Sq.Ft
Parking:
5 Off Street Spaces
About this home
Development or Owner Occupied Opportunity! Take this 2 Unit with a large lot and add a 3rd unit after passing special permit process*. In 2017 and 2018 condos on Myrtle Street have sold for $700k, $745k, and $782k. After adding 3rd unit you could potentially sell each condo for $650K each (or more). At $650K each you would have a total retail value of $1,950,000. This leaves plenty of room for construction and profit. Seller is looking for an offer that is not contingent upon approval for 3rd unit. (We are told by the planning department that it is very likely to pass but it will take approx. 2-3 months to complete). *Even though it is likely, seller and broker do not guarantee any change of unit number or values stated above. Buyer to buy as is and do their own due diligence.* 1st floor has tenants that are month to month. Showings only at Open Houses Sat and Sun 12-2pm. Offers due by Tuesday at 3pm. Seller will respond to any and all offers Wednesday by 3pm.
Neighborhood & Transit
61 Myrtle St, Somerville · MA 02145
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
East Somerville Green 0.32 mi
-
Sullivan Square Orange 0.35 mi
Price Insight
- Days on Market:
- 2596 days
- Listing Price:
- $999,900
- Price per Sq.Ft:
- $416
- Tax Assessment:
- $573,400 in 2018
- Taxes:
- $540 / Monthly
Home Facts
Interior Features
- Bedrooms
- 6
- Full Bathrooms
- 2
- Half Bathrooms
- 1
- Living Area
- 2,403 Sq.Ft
- Broker Disclosure about Living Area
- Does not include basement
- 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
- 4,580 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 5 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
- Mike Quail Team
- Listing office
- Keller Williams Realty Evolution
- MLS PIN #
- 72378559
- Disclosure
- Does not include basement
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