SIX TOTAL UNITS...EXTENSIVELY RENOVATED FOUR FAMILY AND TWO FAMILY PACKAGE IN PRISTINE CONDITION... UNDER HALF MILE TO NEW GREEN LINE AND JUST OVER HALF MILE TO ORANGE LINE. This Two Property Package INCLUDES SIX TOTAL UNITS IN A FOUR FAMILY AND TWO FAMILY ON SAME LOT. Four out of 6 units have been gut renovated to the studs with granite counter kitchens and new appliances. Updated roof, electric, hot water tanks and roof. Gross Monthly Rent is $13,300/ Gross Annual $159,600 (does not include 4 coin op washer & dryers). All unit utilities are separate. RENTS ARE SUBSTANTIALLY UNDER MARKET and rent roll can be increased significantly. Off street parking with TWO DRIVEWAYS. Perfect candidate for future condo conversion given extensive recent renovation to the property or a great 1031 Tax Deferred Exchange candidate. FANTASTIC LOCATION. Rated a Walker's Paradise Walk Score of 90. Rated a Rider's Paradise Transportation Score of 90 and a Very Bikeable Bike Score of 85l
Property Details
Property Features
Property Information:
Year Built: 1900
Living Area: 4,660 SqFt
Listing Office:
Office Name: Steve Bremis Realty Group
Office Phone: (617) 828-1070
Listing Agent: The Steve Bremis Team
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Wood
Bedroom and Bathroom Information:
Total Bedroom Count: 8
Exterior Features
Parking Information:
Parking: Paved Drive, Off Street
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Other
Directions Information:
Directions: On Broadway coming from Magoun Sq towards Charlestown...Take Cross St on the left after McGrath
Price Information
Listing Price Info
Price Summary:
List Price: $2,779,900
Price Per SqFt: $597/SqFt
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Housing Market Comparison
See how this home compares to others in Somerville, MA.
This property is $1.6M more than the Median Sold Price and $33/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: #73218290
Listing Office:
Office Name: Steve Bremis Realty Group
Office Phone: (617) 828-1070
Listing Agent: The Steve Bremis Team
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, 12:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
King Open
850 Cambridge St
Distance between this listing and this school0.70 miles
Public District Grades PK-5
5
/10
Kennedy-Longfellow
158 Spring St
Distance between this listing and this school0.90 miles
Public District Grades PK-5
8
/10
Cambridgeport
89 Elm St
Distance between this listing and this school0.97 miles
Public District Grades PK-5
Nearby Schools
3
/10
E Somerville Community
50 Cross St
Distance between this listing and this school0.32 miles
Public District Grades KG-8
4
/10
Albert F. Argenziano School at Lincoln Park
290 Washington St
Distance between this listing and this school0.49 miles
Public District Grades PK-8
4
/10
Cambridge Street Upper School
840 Cambridge St
Distance between this listing and this school0.70 miles
Public District Grades 6-8
Nearby Schools
1
/10
Full Circle High School
11 Otis St
Distance between this listing and this school0.40 miles
Public District Grades 9-12
4
/10
Somerville High School
81 Highland Ave
Distance between this listing and this school0.49 miles
Public District Grades 9-12
5
/10
Community Charter School of Cambridge
245 Bent St
Distance between this listing and this school1.03 miles
The neighbors living near this home have an average income of $40,357. The most common annual income of people living in Somerville, MA is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
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This home is located at 84-86-86R Cross St in Somerville, MA and zip code 02145 in the East Somerville neighborhood. This 4,660 square foot home, which was built in 1900, sits on a 0.14 acre lot. Features: 8 bedrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $2,779,900.
In October 2024, from all listings sold in Somerville, MA there were more than 12 sold above asking price, over 23 sold below and more than 5 were sold right at the asked price. Between September 2024 and October 2024, Somerville, MA real estate market has seen increase in the number of listings by 8.5%. While the average time on the market in October 2024 was 39 days, the median list price 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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