Active
84-86-86R Cross St
Somerville MA, 02145
$2,779,900
$596.55 per sqft
Active
8 Beds
4,660 sqft
Multi-family
Built in 1900
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
73218290
MLSⓇ ID
April 1, 2024
Listed
May 9, 2024
Updated
Map
84-86-86R Cross St
Somerville MA, 02145
Interior Features
Total Stories
8
Bedrooms
8
Laundry Description
Electric Dryer Hookup, Washer Hookup
Floor Description
Wood
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Sewer
Public Sewer
Other Property Details
Taxes
$16,818
Tax Frequency
Annually
Days on Market
22
Garage
No
Parking
Paved Drive, Off Street
Parking Total
3
View
No
County
Middlesex
Water Source
Public
Pool
No
Zoning
Resdntl
Buyer Agency Compensation
2.125%
Listing History
Date | Event | Price |
|---|---|---|
4/19/2024 | Price Change | $2,779,900 -7% |
Courtesy of The Steve Bremis Team,
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Data last updated 3:59 AM UTC, 5/9/2024
