A 4-unit new construction building with approximately a 7% cap rate on the invested money presents an excellent opportunity for investors or owner-occupiers seeking profit and long-term growth. It benefits from having condo documents in hand, leading to savings on property tax. Additionally, it can be sold as individual condominiums. Each unit features two levels, three bedrooms, and three baths. The house unit has a rooftop. It is conveniently located approximately 1.8 miles from Harvard Square Cambridge. The MBTA train station is just 0.3 miles away.it will be delivered with occupancy certificate.
This property is $2.9M more than the Median Sold Price and $241/SqFt more than other homes in Somerville, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73214061
Listing Office:
Office Name: Century 21 North East
Listing Agent: Viviane Alvarenga
Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 1:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
4
/10
King Open
850 Cambridge St
Distance between this listing and this school0.34 miles
Public District Grades PK-5
8
/10
Cambridgeport
89 Elm St
Distance between this listing and this school0.60 miles
Public District Grades PK-5
5
/10
Kennedy-Longfellow
158 Spring St
Distance between this listing and this school0.61 miles
Public District Grades PK-5
Nearby Schools
4
/10
Albert F. Argenziano School at Lincoln Park
290 Washington St
Distance between this listing and this school0.34 miles
Public District Grades PK-8
4
/10
Cambridge Street Upper School
840 Cambridge St
Distance between this listing and this school0.35 miles
Public District Grades 6-8
3
/10
E Somerville Community
50 Cross St
Distance between this listing and this school0.69 miles
Public District Grades KG-8
Nearby Schools
4
/10
Somerville High School
81 Highland Ave
Distance between this listing and this school0.72 miles
Public District Grades 9-12
5
/10
Community Charter School of Cambridge
245 Bent St
Distance between this listing and this school0.76 miles
Public Charter Grades 6-12
1
/10
Full Circle High School
11 Otis St
Distance between this listing and this school0.78 miles
The neighbors living near this home have an average income of $43,876. Residents of Somerville, MA typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
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This home is located at 6-8-10-12 Liden St in Somerville, MA and zip code 02143 in the Union Square / Prospect neighborhood. This 4,592 square foot home, which was built in 1900, sits on a 0.10 acre lot. Features: 12 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $4,000,000.
In October 2024 more than 12 listings in Somerville, MA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 23 were sold below. The inventory of homes for sale in Somerville, MA between September 2024 and October 2024 increased by 8.5%. In October 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $1,098,130.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
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