Rare opportunity in Davis Square to own a two family home located on a lovely tree lined street. Each unit is filled with natural light and has 3 bedrooms | up to 4.5 baths | hardwood floors | tiled basements | off- street parking. The units have open-concept living and dining rooms with high ceilings, gourmet kitchens with peninsula/island, granite countertops, and stainless steel appliances. Primary bedroom suite's with 4 piece en-suite bath and custom built closet. The lower level offers opportunity for flexible uses with private full bath and generous space. The units are equipped with washer and dryer and central air-conditioning. Unit 2 has a 3rd floor roof deck. Nearby red line provides quick access to Harvard/Central Squares. Please see firm remarks and disclosures regarding occupancy and leases.
— MLSPIN #: 73329571Map of 47 Wallace Street, Somerville, MA 02144
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| List Price: | $3,850,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73329571 |
| Town: | Somerville |
| County: | Middlesex |
| Zip: | 02144 |
| Property Type: | Residential Income |
| Property Sub Type: | 2 Family - 2 Units Side by Side |
| Bedrooms: | 6 |
| Full Baths: | 7 |
| Half Baths: | 2 |
| Living Area: | 4,628 sqft |
| Acres: | 0.1 |
| Taxes: | 20,008 |
| Appliances: | Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood, Freezer |
| Cooling: | Central Air |
| Flooring: | Tile, Hardwood, Stone/Ceramic Tile |
| Lot Features: | Level |
| Parking Features: | Paved Drive, Shared Driveway, Off Street, Common, Paved |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1900 |
| Roof: | Shingle, Rubber |
| Window Features: | Insulated Windows, Screens |
| Directions: | Broadway Avenue to Wallace Street. |
| Foundation Details: | Concrete Perimeter |
| Electric: | 220 Volts, 100 Amp Service |
| Construction Materials: | Frame |
| Listing Contract Date: | 2025-01-27 |
| Cooling?: | Yes |
| Lot Size Area: | 0.1 |
| Lot Size Square Feet: | 4,223 |
| Rooms Total: | 14 |
| Bathrooms Total Integer: | 9 |
| Basement: | true |
| Basement: | Partial, Finished, Interior Entry |
| Building Area Source: | Public Records |
| Building Area Total: | 4,628 |
| Community Features: | Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks |
| Exterior Features: | Balcony, Rain Gutters |
| Interior Features: | Storage, Stone/Granite/Solid Counters, High Speed Internet, Walk-In Closet(s), Bathroom with Shower Stall, Bathroom With Tub, Open Floorplan, Living Room, Dining Room, Kitchen, Family Room |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 2 |
| Open Parking?: | Yes |
| Parcel Number: | 749191 |
| Patio And Porch Features: | Deck - Roof |
| Road Frontage Type: | Public |
| Road Surface Type: | Paved |
| Sewer: | Public Sewer |
| Zoning: | RA |
| Stories Total: | 7 |
| Year Built Source: | Public Records |
| Disclosures: | Both units are currently leased/occupied. Photos show Unit 1 only andwere taken in 2018 prior to tenant occupancy. |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $156,000 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | Yes |
| Color: | Rustic red |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 1 |
| Heat Units: | 4 |
| Heat Zones: | 4 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Levels 1: | 3 |
| Levels 2: | 4 |
| Listing Alert: | No |
| List Price Per Sqft: | $831.89 |
| Page: | 104 |
| Price Per Sqft: | $831.89 |
| Square Feet Incl Base: | Yes |
| Net Operating Income: | $156,000 |
| Original List Price: | $3,850,000 |
| Parking Total: | 6 |
| Road Responsibility: | Public Maintained Road |
| Tax Assessed Value: | $1,833,900 |
| Tax Year: | 2025 |
| Total Actual Rent: | $13,000 |
| Year Built Details: | Actual, Renovated Since |
| Waterview Flag: | No |
| Bedrms 1: | 3 |
| Bedrms 2: | 3 |
| F Bths 1: | 3 |
| F Bths 2: | 4 |
| Hot Water: | Natural Gas |
| H Bths 1: | 1 |
| H Bths 2: | 1 |
| Rent1: | 6,500 |
| Rent2: | 6,500 |
Disclaimer:
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on March 12, 2025 02:52 AM
Property Last Updated: February 01, 2025 03:10 AM
Listing Courtesy of: Barrett Sotheby's International Realty
Listing Agent: Andrea M Jackson
617-571-1888
