3 months on rocket

147 Central St, Somerville, MA, 02145

$1,549,999

Home List Price

$10,000*

Closing Credit

8 Bedrooms
2 Full Baths, 2 Partial
5,318 SqFt
$291/SqFt
Multi

Location

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147 Central St, Somerville$1,549,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street, Other
Year Built1900
BasementYes
MLS #73292223
Lot Size0.06 Acres
StatusActive

About 147 Central St

Unmatched Investment Opportunity in Somerville! Seize the chance to own this exceptional mixed-use building just a few blocks from the Gilman Square Green Line station! This prime corner property offers outstanding visibility and signage, featuring two retail spaces leased through 2026, ensuring immediate income stability. Above, discover two spacious 4+ bedroom apartments that highlight beautiful hardwood flooring, generous living areas, and modern layouts. With an impressive annual income of 124.8K this property not only provides solid returns but also boasts huge upside potential for future rent increases. Located in the thriving Winter Hill section, you’re close to Assembly Row and have seamless highway access to downtown Boston. Surrounded by vibrant restaurants, shops, and local amenities, this rare opportunity won’t last long—act now to secure your investment in this desirable neighborhood!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 5,318 SqFt

Listing Office:

  • Office Name: NextGen Realty, Inc.
  • Office Phone: (617) 208-2100
  • Listing Agent: Zachary Conley

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: On Street, Other

Lot Features

Lot Information:

  • Lot: Corner Lot, Other
  • Lot Size: 0.06 Acres

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,549,999
  • Price Per SqFt: $291/SqFt
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Housing Market Comparison

See how this home compares to others in Somerville, MA.

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Somerville, MA

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$637

Avg. Days On Market

40

# of Sold Homes

41

147 Central St vs Somerville

93 DAYS ON ROCKET

+53 Days

$1,549,999

+$437.6K More

$291/SqFt

-$346 Less

KEY TAKEAWAY

This property is $437.6K more than the Median Sold Price and $346/SqFt less 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: #73292223

Listing Office:

  • Office Name: NextGen Realty, Inc.
  • Office Phone: (617) 208-2100
  • Listing Agent: Zachary Conley

IDX 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: 12/21/2024, 9:20:49 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.

Payment Calculator

$7,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

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NMLS#3030

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.

Nearby Schools

school-card-donut-800193
4
/10

  • Columbus Elementary School

  • 37 Hicks Ave

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-800194
7
/10

  • Benjamin G Brown

  • 201 Willow Ave

  • 0.77 miles

  • Public District Grades KG-5

school-card-donut-800195
7
/10

  • Maria L. Baldwin

  • 85 Oxford St

  • 1.09 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,641. Residents of Somerville, MA typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Somerville›02145›147 Central St

This home is located at 147 Central St in Somerville, MA and zip code 02145 in the Winter Hill / Magoun neighborhood. This 5,318 square foot home, which was built in 1900, sits on a 0.06 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $1,549,999.

In November 2024, from all listings sold in Somerville, MA there were more than 16 sold above asking price, over 18 sold below and more than 7 were sold right at the asked price. Between October 2024 and November 2024, Somerville, MA real estate market has seen decrease in the number of listings by 19.8%. In November 2024 median list price was $1,112,333 and the average listing age was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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