$2,779,900
84-86-86R Cross St Somerville, MA 02145
37
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$2,779,900
Est. payment /mo
8 BD
4,660 SqFt
Active
84-86-86R Cross St Somerville, MA 02145
UPDATED:
09/17/2024 01:21 PM
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,660 sqft
Price per Sqft $596
MLS Listing ID 73218290
Bedrooms 8
Year Built 1900
Annual Tax Amount $16,818
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Description
SIX TOTAL UNITS...EXTENSIVELY RENOVATED FOUR FAMILY AND TWO FAMILY PACKAGE IN PRISTINE CONDITION... UNDER HALF MILE TO NEW GREEN LINE AND JUST OVER HALF MILE TO ORANGE LINE. This Two Property Package INCLUDES SIX TOTAL UNITS IN A FOUR FAMILY AND TWO FAMILY ON SAME LOT. Four out of 6 units have been gut renovated to the studs with granite counter kitchens and new appliances. Updated roof, electric, hot water tanks and roof. Gross Monthly Rent is $13,300/ Gross Annual $159,600 (does not include 4 coin op washer & dryers). All unit utilities are separate. RENTS ARE SUBSTANTIALLY UNDER MARKET and rent roll can be increased significantly. Off street parking with TWO DRIVEWAYS. Perfect candidate for future condo conversion given extensive recent renovation to the property or a great 1031 Tax Deferred Exchange candidate. FANTASTIC LOCATION. Rated a Walker's Paradise Walk Score of 90. Rated a Rider's Paradise Transportation Score of 90 and a Very Bikeable Bike Score of 85l
Location
State MA
County Middlesex
Zoning Resdntl
Direction On Broadway coming from Magoun Sq towards Charlestown...Take Cross St on the left after McGrath
Rooms
Basement Full
Interior
Flooring Wood
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Community Features Public Transportation, Shopping
Utilities Available for Gas Range, for Electric Dryer, Washer Hookup
Waterfront false
Total Parking Spaces 3
Garage No
Building
Story 8
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Steve Bremis Realty Group
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