Listing ID72979847
Sold For$1,300,000
StatusClosed
Bedrooms7
Total Baths3
Full Baths3
SqFt
2,850
Acres
0.060
CountyMiddlesex
Year Built1920
Property TypeResidential Income
Property Sub Type3 Family - 3 Units Up/Down
This must-see, bright and sunny 3-unit investment property is perfectly located just a stone's throw away from the soon-to-open Gilman Square Green Line Station! The home is a 3-unit triple-decker, and boasts 7 total bedrooms, 3 baths, and a nice-sized, enclosed yard that is shared by the occupants. Convenient Winter Hill location less than a half-mile to tons of shopping, markets, restaurants, transportation options, the library, the brand new Somerville High School. Easy access to multiple MBTA Stations (1,000 feet to new Gilman Sq. Green line, 1.3 mi to Assembly Sq. Orange line, ~2 mi to Davis/Porter Sq. Red lines), and multiple park spaces, including the Marshall St Playground right across the way, this location truly cannot be beat. Tenants share washer/dryer in shared basement area, a huge plus for renters. Whether a potential buyer decides to owner/occupy, or continue renting it, this is a dream property in a prime location in a proven investor's paradise. Don't miss this one!
County
Middlesex
Property Sub Type
3 Family - 3 Units Up/Down
Property Type
Residential Income
Year Built
1920
Appliances
Washer, Dryer, Utility Connections for Gas Range, Utility Connections for Gas Oven
Basement
Full
Bathrooms Total Decimal
3
Building Area Units
Square Feet
Living Area
2850
Rooms Total
13
Stories Total
6
Farm Land Area Units
Square Feet
Foundation Details
Concrete Perimeter
Lot Size Area
0.06
Lot Size Square Feet
2826
Lot Size Units
Acres
Number Of Units Total
3
Open Parking
1
Parking Features
Paved Drive, Off Street
Parking Total
4
Patio And Porch Features
Porch, Deck
Road Frontage Type
Private Road
Sewer
Public Sewer
Utilities
for Gas Range, for Gas Oven
Water Source
Public
Building Area Source
Public Records
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
Country
US
Directions
BROADWAY-MARSHALL-MORTIMER, or, MEDFORD-SCHOOL-EVERGREEN-MARSHALL-MORTIMER
MLS Area Major
Winter Hill
Zoning
RB
FLRS 2
2
FLRS 3
3
GRE
14055
Lead Paint
Unknown
Levels 1
1
Levels 2
1
Levels 3
1
Listing Alert
No
Mls Status
Sold
FLRS 1
1
MSE
400
Offline List Number
3429735
Page
229
SqFt Includes Basement
No
Team Member
CN222081
Year Built Details
Approximate
Year Built Source
Public Records
Year Round
Yes
Buyer Agency Compensation
2%
Compensation Based On
Net Sale Price
Contingency
Inspection
Current Financing
Conv. Fixed
Disclosure
N
Disclosures
Mortimer Place Is A Private Way. Seller Has Never Lived In Property.
Down Payment Resource
No
Electric Expense
747
Exclusions
All Tenants Belongings Are Excluded From The Sale.
Financial Data Source
Owner
Gross Income
63600
Lease 1
Y
Lease 2
Y
Lease 3
Y
List Price Per SqFt
438.6
Listing Terms
Contract
Net Operating Income
49545
Operating Expense
14055
Price Per SqFt
456.14
Sub Agency Offered
No
Tax Annual Amount
10796
Tax Assessed Value
1060500
Tax Block
D
Tax Book Number
76909
Tax Lot
44
Tax Map Number
71
Tax Year
2022
Total Actual Rent
5300
Transaction Broker Compensation
1%
Water Sewer Expense
2112
Schedule a Showing - Listing ID 72979847
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