Very well maintained and upgraded 6 family home in fabulous location walking distance to Harvard Univ and Porter Sq Red Line. Turn key investment at about 4.5% cap rate with existing rents. Many system upgrades, mostly newer kitchens with granite counters and dishwashers all new replacement windows about 18 months ago, 75% of the exterior clapboard replaced and all repainted a few years ago, 2-3 newer heating systems, newer electric sub panels in some units, large rear decks for outdoor living, new landscaping and pavers installed with new common rear patio, 2 car tandem driveway, Super opportunity for savvy investor or seller coming out of a 1031. Coin op washer dryer in basement; All kinds of shops, cafes, coffee houses at your doorstop with Union Sq a 10 minute walk away with Green Line coming in. OPEN HOUSES WED 6/17, FRI 6/19, AND MON 6/22 FROM 12-145 BY APPT EVERY 20 MINUTES. OFFERS DUE MONDAY 6/23 AT 3PM TO BE MADE GOOD FOR 24 HOURS
Off market
$2,616,500
565 Somerville Ave, Somerville, MA 02143
10beds
4,424sqft
MultiFamily
Built in 1900
-- sqft lot
$2,616,500 Zestimate®
$591/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Gas
Appliances
- Included: Dishwasher, Refrigerator
Features
- Flooring: Tile, Hardwood
Interior area
- Total interior livable area: 4,424 sqft
Property
Parking
- Parking features: None
Lot
- Size: 3,484 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Somerville
Other
Other facts
- Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House Of Worship, Marina, Private School, Public School, T-Station, University, Tennis Court, Walk/Jog Trails
- Basement Feature: Full
- Construction: Frame
- Electric Feature: Circuit Breakers, 100 Amps, Individually Metered
- Flooring: Wood
- Foundation: Fieldstone
- Hot Water: Natural Gas
- Road Type: Public
- Roof Material: Asphalt/Fiberglass Shingles
- Energy Features: Insulated Windows
- Exterior: Clapboard
- Exterior Features: Porch, Covered Patio/Deck, Screens, City View(s)
- Hea Common: Hot Water Baseboard, Gas, Individual
- Utility Connections: For Gas Range
- Lot Description: Corner
- Year Round: Yes
- Ife Common: Bathroom With Tub & Shower, Hardwood Floors, Remodeled, Stone/Ceramic Tile Floor, Upgraded Cabinets, Upgraded Countertops
- Mf Type: 5-9 Family
- App Common: Range, Refrigerator, Dishwasher
- CONTINGENCY_TYPE: Pending P&S
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$2,616,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,616,500