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    669 Somerville Ave

    Somerville, MA 02143
    • $4,300,000
    • STATUS: Active
    • MLS #: 72439568
    UPDATED: 23 min ago
    $4,300,000
    • 14
      BEDS
    • 0.09
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 8,415
      SQFT
    • $511
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Listing courtesy of David Lilley of Re/Max Destiny.

    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.

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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 2020-08-03T19:07:08.183.
    www.teamtringali.com/homes/90757595
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    669 Somerville Ave Somerville, MA 02143

    • Price: $4,300,000
    • Status: Active
    • Updated: 23 min ago
    • MLS #: 72439568
    14
    Beds
    8
    Baths
    0
    ½ Baths
    0.09
    Acres
    8,415
    SQFT
    $511
    $/SQFT
    1920
    Built
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    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.
    Exterior Features

    Beachfront No Construction Frame Exterior ShinglesAsbestos Foundation Poured ConcreteFieldstoneBrick Lot Description Sloping Parking Spaces 0 Road Type Public Roof Material Rubber Waterfront Flag No Waterview Flag No

    Interior Features

    Basement Yes Basement Features Full Bedrooms Unit1 3 Bedrooms Unit2 3 Bedrooms Unit3 2 Bedrooms Unit4 2 Energy Features Insulated Windows Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring Hardwood Floors Unit1 3 Floors Unit2 2 Floors Unit3 1 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 Hot Water Natural Gas Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 22 Rooms Unit1 5 Rooms Unit2 5 Rooms Unit3 4 Rooms Unit4 4

    Property Features

    Amenities Public TransportationShoppingParkMedical FacilityLaundromatHouse Of WorshipPublic SchoolT-StationUniversity Apod Available Yes Assessments 1026900.00 Disclosure No Disclosures Please See The Financial Breakdown Attached Here With Under The Paper Clip. Current Rents And Potential Rents And Expenses And More. Electric Features 220 Volts100 Amps Gross Operating Income 147600 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lease Unit4 Y Lender Owned No Multifamily Type 5-9 Family Net Operating Income 147600 Rent Unit1 3000 Rent Unit2 2690 Rent Unit3 2500 Rent Unit4 2600 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2018 Taxes 17796.00 Terms Lender Approval Required Utility Connections For Gas Range Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning Rb

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of David Lilley of Re/Max Destiny.


    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 2020-08-03T19:07:08.183.
     
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    50 Nashua Rd, Suite 111
    Londonderry NH, 03053
    Listing courtesy of David Lilley of Re/Max Destiny.