Listing ID73017870
Sold For$6,050,000
StatusClosed
Bedrooms31
Total Baths14
Full Baths14
SqFt
13,000
Acres
0.250
CountyMiddlesex
Year Built1900
Property TypeResidential Income
Property Sub Type5+ Family - 5+ Units Up/Down
Not available since 1947, this property represents an extraordinarily rare opportunity to acquire a generational asset located in a transit oriented location of Somerville’s bustling Highland Avenue corridor. Comprised of a mix of floorplans and additional basement space totaling 18,750 +/- GSF, the property is sited on ¼ acre and provides garage and open space parking options. Located ½ mile from Davis, Porter and Ball Squares. MBTA Red Line stations at Porter and Davis are 10 minutes by foot. Located 1 mile from Harvard University. An excellent value-add opportunity for investors in an extremely competitive market who may also benefit from future redevelopment of the site.
County
Middlesex
Property Sub Type
5+ Family - 5+ Units Up/Down
Property Type
Residential Income
Year Built
1900
Basement
Full, Interior Entry, Concrete, Slab, Unfinished
Bathrooms Total Decimal
14
Building Area Units
Square Feet
Heat Units
1
Living Area
13000
Rooms Total
71
Stories Total
3
Construction Materials
Brick
Covered Spaces
7
Electric
110 Volts, 220 Volts
Farm Land Area Units
Square Feet
Foundation Details
Stone, Granite
Frontage Length
100.00
Garage
1
Garage Spaces
7
Lot Size Area
0.25
Lot Size Square Feet
11000
Lot Size Units
Acres
Number Of Units Total
14
Open Parking
1
Parking Features
Paved Drive, Off Street, Paved
Parking Total
14
Road Frontage Type
Public
Roof
Rubber
Sewer
Public Sewer
Water Source
Public
Building Area Source
Public Records
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Country
US
Directions
Google
MLS Area Major
Powderhouse
Waterfront
no
Zoning
UR
Lead Paint
Unknown
Listing Alert
No
Mls Status
Sold
Offline List Number
3473190
SqFt Disclosures
Living area based on floorplan estimates and public record
SqFt Includes Basement
No
Team Member
BB809119,CN226056
Year Built Details
Actual
Year Built Source
Public Records
Year Round
Yes
Buyer Agency Compensation
1.5
Compensation Based On
Gross/Full Sale Price
Current Financing
Other
Disclosure
N
Disclosures
Owner to seek use & occupancy agreement for management unit (#281-1A F) through 8/31/23.
Down Payment Resource
No
Financial Data Source
Owner, Pro. Forma Available
Lease 1
Y
Lease 2
Y
List Price Per SqFt
537.69
Price Per SqFt
465.38
Sub Agency Offered
No
Tax Annual Amount
26261
Tax Assessed Value
2579700
Tax Year
2022
Schedule a Showing - Listing ID 73017870
Please enter your preferences in the form. We will contact you in order to schedule an appointment to view this property. For more immediate assistance, please call Katya Pitts at 617335-8552.
Data services provided by IDX Broker
