Sold
72 Beacon St, Somerville, MA
Somerville · MA 02143
- $2,050,000
- Price
- 13
- Beds
- 6
- Baths
- 3360
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
3 Units
Lot size:
4,356 Sq.Ft Lot
Price per square foot:
$655 / Sq.Ft
Parking:
2 Off Street Spaces
About this home
72 Beacon Street offers the opportunity to acquire a fully leased, turnkey investment in an exceptional, urban-infill location at a 5.93% cap rate on current income. The subject property is ideal for a potential buyer looking for income growth and strong investment returns. The Property has undergone extensive interior renovations featuring condo quality finishes including brand new kitchens with custom cabinets, quartz counter tops and stainless-steel appliances, updated bathrooms with new tile flooring and high-end fixtures, hardwood floors, central air-conditioning, dishwashers and laundry in each unit. Additionally, all of the building?s mechanicals have been replaced. Building amenities include a private yard, and two off-street parking spaces. Somerville?s outlook is bright, and rental continues at a steady rate. The submarket continues to accelerate as the city?s transportation infrastructure expands and rents are expected to rise over the coming years.
Neighborhood & Transit
72 Beacon St, Somerville · MA 02143
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Union Square Green 0.50 mi
Price Insight
- Days on Market:
- 1202 days
- Listing Price:
- $2,200,000
- Price per Sq.Ft:
- $655
- Tax Assessment:
- $1,581,600 in 2023
- Taxes:
- $1,363 / Monthly
Home Facts
Interior Features
- Bedrooms
- 13
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 3,360 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3360
- Flooring
- Unknown
- Lead paint
- Certified Treated
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Individually Metered
Exterior Features
- Lot Size
- 4,356 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 2 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Wood, Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Dennis Kelleher
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73139139
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