Great Opportunity to purchase a sunny, well maintained 6-Unit building in East Somerville on a spacious and private lot near Sullivan Station/Orange Line. Home has been owned by same family for over 50 years and is an Estate Sale Sold "As Is". The warm and inviting well laid out multi-family has a front lobby with wainscoting leading to a charming central staircase with spacious landings. Building has three levels with two units per floor. Five of the six units have four rooms, three are two bedroom units and two are one bedroom units with a bonus room. Sixth Unit is three rooms. All units enjoy a walk-in pantry/closet as well as a composite deck off the kitchen with considerable privacy from neighboring properties. The basement has an outside entrance and is also accessed internally through a shared clean and bright back hall through the kitchen. Rear hallway has a sky-light and new carpeting. Floor Plans Available. Daily Appointments Available.
Sale Statistics
Sale Overview
Original List Price:$2,500,000
Final Sale Price:$2,200,000
Difference:
$300,000 (-12.0%)
Performance Metrics
88.0%
List to Sale Ratio
Sold below asking price
71
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:$476
Sale $/sq ft:$419
This property sold for $419 per square foot
Sale Summary
This property sold for 12.0% below the original asking price.
The property spent 71 days on market before selling.
Facts & Features
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Property Category
Residential Income
Year Built
1920
Bedrooms
9
Full Bathrooms
6
Living Area
5,250 sq ft
Total Rooms
21
Stories
5
Levels
5
Interior Features
Flooring
Wood, Hardwood
Heating
Natural Gas
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen, Dining Room, Office/Den
Laundry Features
Washer Hookup
Window Features
Insulated Windows
Exterior & Structure
Construction Materials
Frame
Roof
Rubber
Foundation
Concrete Perimeter, Stone
Patio/Porch Features
Deck - Composite
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
View
City View(s)
Has View
Yes
Waterfront Property
No
Lot & Land
Lot Size
0.09 acres
Lot Size
3,996 sq ft
Lot Size Area
0.0900
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Parking Features
On Street
Utilities & Systems
Utilities Available
for Gas Range, for Gas Oven, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 60 Amps/Less, 100 Amp Service
Community & HOA
Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$18,390
Tax Year
2024
Tax Assessed Value
$1,748,100
Tax Lot
4
Tax Block
C
Tax Map Number
105
Parcel Number
761329
Zoning
RB
Financial Data Source
Estimated, Limited Information
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Seller - (Trust) has No Personal Knowledge of Building or Mechanics. Buyer/Buyer's Agent, Buyer's Attorney responsible for All Due Diligence. Property to be Sold "As Is". .Limited Access to Occupied Units. Qualified Buyers' Welcome.
Exclusions
Tenants Personal Belongings Including One Washer Machine In Basement.One Washer In Unit 6 In Kitchen
Location
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Neighborhood
East Somerville
26 Pearl Street, Somerville MA 02145
Somerville, MA 02145
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$1,533
Homeowners Insurance$200
PMI$0
Property History
Market Insights
12%
Price Range
72
Total Days on Market
Property Timeline
✓
Sold
Jul 26, 2024
$2,200,000
Property sold
Days on Market: 72
🏠
Listed for Sale
Mar 11, 2024
$2,500,000
Original listing
Agent: William W. BrennanOffice: Greater Metropolitan R. E.
