Prime Investment Opportunity in Somerville! This well-maintained triple-decker is perfect for investors or owner-occupants. Unit 1 is beautifully updated with gleaming hardwood floors, a modern kitchen with granite countertops and stainless steel appliances, in-unit laundry, central AC, and a stylish tray ceiling with recessed lighting. The bathroom features a sleek walk-in shower. Units 2 & 3 each offer three spacious bedrooms, a living room, and a dining room. Both Unit 1 and Unit 2 will be delivered vacant. Each unit has a private back deck. The clean basement provides common laundry and new heating systems. Minutes from Union Square, the Green Line, Lincoln Park, Whole Foods, Harvard, MIT, and Inman Square. Excellent rental appeal in a prime location with strong investment potential!
Sale Statistics
Sale Overview
Original List Price:$1,635,000
Final Sale Price:$1,520,000
Difference:
$115,000 (-7.0%)
Performance Metrics
93.0%
List to Sale Ratio
Sold below asking price
25
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$486
Sale $/sq ft:$452
This property sold for $452 per square foot
Sale Summary
This property sold for 7.0% below the original asking price.
With only 25 days on market, this was a quick sale compared to typical market conditions.
In 2007, a concrete floor was added in the basement (previously dirt), lally columns were installed, and first-floor joists were leveled. Seller or sellers agent make no representations or warranties. Buyer and the buyers agent to do their due diligence.
Location
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Neighborhood
83 Marion St, Somerville MA 02143
Somerville, MA 02143
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$1,311
Homeowners Insurance$200
PMI$0
Property History
Market Insights
7%
Price Range
26
Total Days on Market
Property Timeline
✓
Sold
Apr 10, 2025
$1,520,000
Property sold
Days on Market: 26
🏠
Listed for Sale
Feb 27, 2025
$1,635,000
Original listing
Agent: Marc FioreOffice: Cameron Real Estate Group