669 Somerville Ave

    Somerville, MA 02143
    • $4,500,000
    • STATUS: Active
    • MLS #: 72381359
    UPDATED: 58 min ago
    $4,500,000
    • 14
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,415
      SQFT
    • $535
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Branch Out Residential Team of Branch Out Realty.

    Description

    **First time on the market** 9 unit building in Spring Hill. Very convenient location, only .4 miles to the Red Line in Porter Square, ~1 Mile to Harvard Square, ~1 Mile to Davis Square and ~1 Mile to Union Square & the proposed Green Line Extension. Surrounded by many local businesses, shops, restaurants and grocery stores. The building is made up of 7 residential units and 2 commercial units (1 tenant is occupying both units). The Somerville Ave side of the building is laid out as: first floor 2 commercial units(1 Commercial tenant using both sides. City issued C/O for 1 commercial space), #1L (1 bed), #2R (2 bed), #3L (renovated 1 bed), #4R (2 bed). The Ibbetson St side of the building is laid out as: #1(renovated 2 bed), #2 (3 bed), #3 (3 Bed). All tenants pay their own utilities, landlord pays water. Most of the building is rented under market rate. Huge potential for growth!!

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. Data last updated 2018-10-21T11:47:50.137.
    www.refinderma.com/homes/86708598

    669 Somerville Ave Somerville, MA 02143

    • Price: $4,500,000
    • Status: Active
    • Updated: 58 min ago
    • MLS #: 72381359
    14
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    8,415
    SQFT
    $535
    $/SQFT
    1920
    Built
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    Property Description
    **First time on the market** 9 unit building in Spring Hill. Very convenient location, only .4 miles to the Red Line in Porter Square, ~1 Mile to Harvard Square, ~1 Mile to Davis Square and ~1 Mile to Union Square & the proposed Green Line Extension. Surrounded by many local businesses, shops, restaurants and grocery stores. The building is made up of 7 residential units and 2 commercial units (1 tenant is occupying both units). The Somerville Ave side of the building is laid out as: first floor 2 commercial units(1 Commercial tenant using both sides. City issued C/O for 1 commercial space), #1L (1 bed), #2R (2 bed), #3L (renovated 1 bed), #4R (2 bed). The Ibbetson St side of the building is laid out as: #1(renovated 2 bed), #2 (3 bed), #3 (3 Bed). All tenants pay their own utilities, landlord pays water. Most of the building is rented under market rate. Huge potential for growth!!
    Exterior Features

    Beachfront No Foundation Other (See Remarks) Garage Spaces 0 Lot Description Corner Parking Spaces 0 Waterfront Flag No

    Interior Features

    Basement Yes Basement Features Full Bedrooms Unit1 1 Bedrooms Unit2 2 Bedrooms Unit3 1 Bedrooms Unit4 2 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Floors Unit1 2 Floors Unit2 2 Floors Unit3 3 Floors Unit4 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 18 Rooms Unit1 3 Rooms Unit2 4 Rooms Unit3 3 Rooms Unit4 4

    Property Features

    Apod Available Yes Assessments 1021300.00 Disclosure No Disclosures Buyer/Buyers Agent To Do Own Due Diligence. Attached is A Certificate Of Inspection Confirming 7 Residential Units(For Residential Only) Would Not include The Commercial. 1 Commercial Tenant Using Both Spaces On First Floor. Buyer/Buyers Agent To Do Own Due Diligence Gross Operating Income 110400 Lead Paint Unknown Lease Unit1 N Lease Unit2 Y Lender Owned No Multifamily Type 5-9 Family Net Operating Income 110400 Rent Unit1 0 Rent Unit2 2350 Rent Unit3 2000 Rent Unit4 2350 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2018 Taxes 18597.87 Water City/Town Water Year Built Description Unknown/Mixed Year Built Source Public Record Zoning Ba

    Listing information © 2018 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Branch Out Residential Team of Branch Out Realty.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. Data last updated 2018-10-21T11:47:50.137.
     
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    Listing courtesy of Branch Out Residential Team of Branch Out Realty.