Attention all developers & investors, endless opportunities await! Introducing this massive 3-family home in Somerville with city views! 4+ levels of living area, plus a basement with generous ceiling height that has the potential to be converted into additional finished space. Potentially convert this home into single-family living or into a condo conversion. 3 separate heating systems operated by gas & (3) 100 AMP Panels. Off-street parking is provided in the driveway in the back, accommodating 2/3 parking spots (access from Jaques Street). Plenty of street parking is offered in this Winter Hill neighborhood. Property is conveniently across the street from Foss Park, where there is plenty of greenery, fields, public pool, & more. Less than a mile away from the new Green Line T extension & Assembly Row: where public transportation, shopping, attractions, walking trails, etc. are all located! Just a short commute to the city.
Sale Statistics
Sale Overview
Original List Price:$1,199,900
Final Sale Price:$1,050,000
Difference:
$149,900 (-12.5%)
Performance Metrics
87.5%
List to Sale Ratio
Sold below asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$331
Sale $/sq ft:$289
This property sold for $289 per square foot
Sale Summary
This property sold for 12.5% below the original asking price.
With only 16 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
3 Family - 3 Units Up/Down
Property Category
Residential Income
Year Built
1890
Bedrooms
6
Full Bathrooms
4
Living Area
3,628 sq ft
Total Rooms
14
Stories
4
Levels
4
Interior Features
Flooring
Wood, Tile, Vinyl, Carpet
Has Fireplace
Yes
Number of Fireplaces
1
Interior Features
Lead Certification Available
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Concrete, Unfinished
Exterior & Structure
Construction Materials
Frame, Brick
Roof
Shingle, Rubber
Foundation
Stone, Brick/Mortar
Exterior Features
Rain Gutters
Patio/Porch Features
Deck
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.05 acres
Lot Size
2,279 sq ft
Lot Size Area
0.0500
Lot Features
Easements
Road Surface Type
Unimproved
Road Frontage Type
Private Road, Dead End
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Assigned, Unpaved
Utilities & Systems
Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service
Security Features
Security System
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, T-Station, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$9,480
Tax Year
2023
Tax Assessed Value
$916,800
Zoning
RB
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Intercom is not in working order. DO NOT use exterior rear stairway. Exterior egress on metal staircase located on 2nd & 3rd floor shared by next door neighbor. Buyer to do due diligence.*Somerville has tax exemption available if owner occupied. Property has not been rented/occupied since 2012.
