Sold

74 Morrison Avenue, Somerville, MA

Somerville · MA 02144

$2,200,000
Price
7
Beds
4
Baths
3475
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 3 Units
Lot size: 4,313 Sq.Ft Lot
Price per square foot: $633 / Sq.Ft
Parking: 4 Off Street Spaces

About this home

Completely TURNKEY three family investment right on the bike path to Davis Square! Property was gut rehabbed in 2016 which included all new systems, open layouts, modern appliances and fixtures, and refinished flooring. All the hard work has been done on this one - perfect for an investor looking for a stabilized asset, owner occupant, or condo conversion. Property has a driveway that can accommodate four cars and a well maintained yard with patio. Each unit has its own private decks, central AC, and laundry in unit. Value add opportunities include rent increases and use of water/sewer submetering (installed but not currently in use). This is a truly rare chance to acquire a well sorted investment in a strong rental area with historically high appreciation - take a look today!

Neighborhood & Transit

Davis Square

74 Morrison Avenue, Somerville · MA 02144

Nearby transit

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

  • Ball Square Green 0.35 mi
  • Davis Red 0.41 mi
  • Magoun Square Green 0.44 mi

Price Insight

Days on Market:
1467 days
Listing Price:
$2,199,000
Price per Sq.Ft:
$633
Tax Assessment:
$2,010,000 in 2021
Taxes:
$1,665 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
4
Half Bathrooms
0
Living Area
3,475 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
4,313 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
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
Tyler Munroe
Listing office
Rent Source LLC
MLS PIN #
72978326
Disclosure
Listing brokerage is also property manager.