669 Somerville Ave, Somerville, Massachusetts 02143

$4,300,000
14
BD
8
BA
8,415
SqFt
List Price
$4,300,000
Price Change
▼ $88,000 1569369828
MLS#
72439568
Bedrooms
14
Full Bathrooms
8
Sq. Ft
8,415
Lot Size
3,725
County
Middlesex
Year Built
1920
Status
ACTIVE

Property Description

Rare offering! This is a meticulously maintained 8 unit (7 residential & 1 commercial) which shows pride of ownership at every turn. All apts have large rooms, high ceilings, fully applianced eat-in kitchens and full tile baths. Each apt has separate utilities. two 1 bedroom apts and three 2-bedroom apts. Two 3-bedroom units have a huge living area overlooking a Boston and Porter Square. Well maintained exterior, replacement windows, and separate systems make this a perfect income property for the passive investor or a great condo conversion for a savvy developer. Lease information is attached herein. An opportunity exists to significantly increase rents by simply waiting for leasing to expire & increase rents. Property is located walking distance to Davis Sq/Porter sq and Harvard Sq for terrific access to T, shops, and restaurants. Somerville consistently rates as one of the best rental markets in the region due to high density, amenities, and local universities and businesses.

Additional Information

Days on Market
455
Taxes
$17,796
Tax Year
2018
Assessment
1026900
Construction
Frame
Amenities
Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Public School, T-Station, University
Flooring
Hardwood
Basement
Yes
Basement Features
Full
Hotwater
Natural Gas
Lot Description
Sloping
Acres
0.09
Price Per Sqft
$510
Utilityconnections
for Gas Range
Disclosures
Please see the financial breakdown attached here with under the paper clip. Current rents and potential rents and expenses and more.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Destiny.

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