Ideally located between Assembly Row and Union Square in East Somerville, this charming 3-family presents a fantastic opportunity for both homeowners and investors. The first floor unit consists of 4 bed, two bath, living and kitchen with SS appliances and new hardwood floor through out. Second floor features 2 bed, 1 bath, living and kitchen. Third floor has 1 bed, 1 bath, kitchen, an office and a giant living room. High ceilings and hardwood floors throughout, laundry hookups in first and second floor units, separate utility meters, plenty of storage space in the basement, private driveway for 4+ cars. The first floor unit currently uses the 2 driveway parking spots. Easy walking access to all the best Somerville spots including a 7 mins walk to the new Washington St Green line stop! Two units have leases in place. The first can be rented or if desired buyer can move on in and make this a wonderful owner occupied investment. Open house Sat & Sun 11-1pm. Monday 5-6pm.
Sale Statistics
Sale Overview
Original List Price:$1,349,000
Final Sale Price:$1,469,000
Difference:
+$120,000 (+8.9%)
Performance Metrics
108.9%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$397
Sale $/sq ft:$433
This property sold for $433 per square foot
Sale Summary
This property sold for 8.9% above the original asking price, indicating strong buyer demand.
With only 6 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
3 Family
Property Category
Residential Income
Year Built
1900
Bedrooms
7
Full Bathrooms
4
Living Area
3,394 sq ft
Total Rooms
18
Stories
3
Levels
3
Interior Features
Flooring
Tile, Hardwood, Stone/Ceramic Tile, Wood
Heating
Baseboard, Natural Gas
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator, Range Hood, Washer, Dryer
Interior Features
Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Walk-In Closet(s), Living Room, Kitchen, Laundry Room
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Partially Finished, Interior Entry
Window Features
Box/Bay/Bow Window(s), Insulated Windows
Door Features
Insulated Doors, Storm Door(s)
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.09 acres
Lot Size
3,750 sq ft
Lot Size Area
0.0900
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Tandem, Paved
Utilities & Systems
Utilities Available
for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Community & HOA
Community Features
Public Transportation, Shopping, Laundromat, Highway Access, T-Station
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$11,581
Tax Year
2024
Tax Assessed Value
$1,100,900
Parcel Number
761121
Zoning
RB
Additional Details
Year Built Source
Public Records
Year Built Details
Renovated Since
Disclosures
The rent for unit 1 is target rent with tenants who may want to sign the lease. Hold for owner occupied buyers. Lease for unit two($1950) ends Dec 2024. Lease for unit three($2200) ends March 2025. Seller has real estate license.
