Quintessential triple-decker in Winter Hill!!! 146-148 Jaques St. could offer a unique opportunity for developers, as the property has been vacant for over 12 months and the seller has obtained a preliminary condo conversion permit from the city of Somerville. With no existing tenants in place, it also provides buy-and-hold investors with an open canvas to enhance the existing living space and heighten the bedroom count in a less extensive rental-focused renovation. Regardless of your approach, the lot size is large enough to support substantial off-street parking and the interior condition of the building doesn't necessitate a full gut-rehab. All three units uniformly offer high ceilings, traditional hardwood flooring, and functional floorplans accentuated by expansive LR/DR combos. Additional property features include front decks on each level, rear sunrooms, separately metered gas/electrical and a large, partially finished basement spanning the entire footprint of the structure.
Sale Statistics
Sale Overview
Original List Price:$1,595,000
Final Sale Price:$1,625,000
Difference:
+$30,000 (+1.9%)
Performance Metrics
101.9%
List to Sale Ratio
Sold above asking price
8
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$432
Sale $/sq ft:$440
This property sold for $440 per square foot
Sale Summary
This property sold for 1.9% above the original asking price, indicating strong buyer demand.
With only 8 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
1920
Bedrooms
6
Full Bathrooms
4
Living Area
3,690 sq ft
Total Rooms
18
Stories
3
Levels
3
Interior Features
Flooring
Wood, Tile, Vinyl, Varies
Has Fireplace
No
Interior Features
Living Room, Dining Room, Kitchen, Sunroom
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Partially Finished
Exterior & Structure
Construction Materials
Frame
Roof
Rubber
Foundation
Concrete Perimeter, Brick/Mortar
Exterior Features
Rain Gutters, Varies per Unit
Patio/Porch Features
Deck, Patio
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.13 acres
Lot Size
5,749 sq ft
Lot Size Area
0.1300
Lot Features
Level
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Driveway
Utilities & Systems
Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup, Varies per Unit
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$12,227
Tax Year
2024
Tax Assessed Value
$1,162,300
Zoning
RB
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Offer deadline @ 12pm on 1/21/24. Property has been vacant for over a year and the preliminary condo conversion permit was granted on 10/15/24. Buyers to do their own due diligence.
