SIX TOTAL UNITS...EXTENSIVELY RENOVATED FOUR FAMILY AND TWO FAMILY PACKAGE IN PRISTINE CONDITION... UNDER HALF MILE TO NEW GREEN LINE AND JUST OVER HALF MILE TO ORANGE LINE. This Two Property Package INCLUDES SIX TOTAL UNITS IN A FOUR FAMILY AND TWO FAMILY ON SAME LOT. Four out of 6 units have been gut renovated to the studs with granite counter kitchens and new appliances. Updated roof, electric, hot water tanks and roof. Gross Monthly Rent is $13,300/ Gross Annual $159,600 (does not include 4 coin op washer & dryers). All unit utilities are separate. RENTS ARE SUBSTANTIALLY UNDER MARKET and rent roll can be increased significantly. Off street parking with TWO DRIVEWAYS. Perfect candidate for future condo conversion given extensive recent renovation to the property or a great 1031 Tax Deferred Exchange candidate. FANTASTIC LOCATION. Rated a Walker's Paradise Walk Score of 90. Rated a Rider's Paradise Transportation Score of 90 and a Very Bikeable Bike Score of 85l
— MLSPIN #: 73218290Map of 84-86-86R Cross St, Somerville, MA 02145
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| List Price: | $2,779,900 |
|---|---|
| Status: | Active |
| MLS ID: | 73218290 |
| Town: | Somerville |
| County: | Middlesex |
| Zip: | 02145 |
| Property Type: | Residential Income |
| Property Sub Type: | 5-9 Family |
| Bedrooms: | 8 |
| Living Area: | 4,660 sqft |
| Acres: | 0.14 |
| Taxes: | 16,818 |
| Flooring: | Wood |
| Parking Features: | Paved Drive, Off Street |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1900 |
| Directions: | On Broadway coming from Magoun Sq towards Charlestown...Take Cross St on the left after McGrath |
| Laundry Features: | Electric Dryer Hookup, Washer Hookup |
| Foundation Details: | Stone |
| Electric: | Circuit Breakers |
| Listing Contract Date: | 2024-04-01 |
| Lot Size Area: | 0.14 |
| Lot Size Square Feet: | 6,098 |
| Rooms Total: | 19 |
| Bathrooms Total Integer: | 0 |
| Basement: | true |
| Basement: | Full |
| Building Area Source: | Other |
| Building Area Total: | 4,660 |
| Community Features: | Public Transportation, Shopping |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 6 |
| Open Parking?: | Yes |
| Patio And Porch Features: | Deck |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Utilities: | for Gas Range, for Electric Dryer, Washer Hookup |
| Zoning: | Resdntl |
| Stories Total: | 8 |
| Year Built Source: | Public Records |
| Disclosures: | Lot size, taxes and assessment are a combination of both properties. Sq Ft is approximate only and not considered accurate. |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $159,600 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Comp Based On: | Net Sale Price |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 2 |
| Flrs 2: | 1 |
| Flrs 3: | 1 |
| Flrs 4: | 2 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Levels 1: | 2 |
| Levels 2: | 1 |
| Levels 3: | 2 |
| Levels 4: | 2 |
| Listing Alert: | No |
| List Price Per Sqft: | $596.55 |
| Page: | 999 |
| Price Per Sqft: | $596.55 |
| Square Feet Incl Base: | No |
| Sub Agency Offered: | No |
| Uffi: | Unknown |
| Net Operating Income: | $136,200 |
| Original List Price: | $2,979,900 |
| Parking Total: | 3 |
| Tax Assessed Value: | $1,598,600 |
| Tax Year: | 2023 |
| Total Actual Rent: | $9,300 |
| Year Built Details: | Approximate |
| Waterview Flag: | No |
| Bedrms 1: | 2 |
| Bedrms 2: | 2 |
| Bedrms 3: | 2 |
| Bedrms 4: | 2 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| F Bths 4: | 1 |
| Hot Water: | Natural Gas |
| Rent1: | 2,800 |
| Rent2: | 2,100 |
| Rent3: | 2,250 |
| Rent4: | 2,150 |
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 November 23, 2024 05:34 AM
Property Last Updated: September 17, 2024 09:25 AM
Listing Courtesy of: Steve Bremis Realty Group
Listing Agent: The Steve Bremis Team
617-828-1070
