Somerville MA Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Lot size:
0.06 Acres
Year built:
1900
Baths:
3.00
MLS#:
73302189

ADDITIONAL INFORMATION

Great investment or for owner occupied Multi located in sought after neighborhood in Somerville! This Large property has been lovingly maintained and cared for throughout the years by the same family. Seller says it’s time to pass the torch to new owner! 3 bdrms, country Kit, DR with built-in china cab.LR(could be 4th bdrm),1bth,walk in pantry(could be converted to 2nd bath w/shower. Lots of potential to generate more revenue. There are 3 sets of washers and dryers available for the tenants use. All refrig. stoves and washer & dryers will be conveyed with the property. Some of the most recent updates include vinyl siding, 3 newer back porches with composite flooring, windows, some new appliances, central air in each unit, light fixtures and bthrm vanities in some of the units as well as a new walkwy. All this in a Premium Location on the Cambridge line in close proximity to Harvard Sq, Central Sq, Inman Sq, Porter Sq, Lincoln Park, Union Sq, Whole Foods, new T Station and more!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.21 Acres
Year built:
1900
Baths:
3.00
MLS#:
73300850

ADDITIONAL INFORMATION

3 Family with significant development potential near Harvard. 60-62 Line Street is just blocks to Harvard Square, CHA Cambridge Hospital, Union Square, and Inman Square. With a large 9,000+ sq ft lot, there is potential to develop 6+ units with 6 parking spots on the property. Feasibility study is available upon request. The lot currently contains a 3-family property with 6 beds and 3 baths and has over 3,000 sq ft of living area. The first floor unit has a tenant at will. The second and third floor units are vacant. Extremely unique opportunity for both developers or primary buyers looking to build their dream home with or without rental income. Located on a quiet one-way street but just minutes to cafes, shops, restaurants and public transportation. Opportunities like this do not come along often. Buyers to do their own due diligence regarding any development opportunities.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.07 Acres
Year built:
1900
Baths:
3.00
MLS#:
73297026

ADDITIONAL INFORMATION

Nestled in the highly sought-after Spring Hill neighborhood of Somerville.This home offers incredible versatility. 2,797 sq ft of living space. Originally a 3-unit building, it’s now zoned as a two-family home with fantastic rental history. Unit 1 on the first floor features 2 bedrooms, 1 bathroom, an updated kitchen, and a private deck perfect for relaxing. Unit 2 spans two levels, boasting a large updated kitchen, family room, sunroom & deck on the first level, with 1 bedroom and 1 bathroom. The second level offers 3 additional bedrooms and 1 bathroom. Gleaming hardwood floors run throughout all levels, adding warmth and character. Located within walking distance to T stations, Davis Square, and Porter Square, and near some the country’s top universities and hospitals. Prime location for both homeowners and investors. Somerville was recently ranked by Fortune Magazine as one of the top places for families to live in the U.S., offering a vibrant community and unbeatable convenience.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.19 Acres
Year built:
1900
Baths:
5.00
MLS#:
73250549

ADDITIONAL INFORMATION

MAJOR PRICE Improvement! -------EXCEPTIONAL FOUR-FAMILY opportunity between Inman Square and Union Square. TWO ATTACHED TWO-FAMILY homes -with separate entrances- are being offered for sale as a package. Lots of residential options- Multi-generational living, live in one and lease the other out, or keep them as 4 rental dwellings. This property has been cared for by the same family for over 50 years. Off street parking on paved driveway of #15 is shared by all tenants. The green backyard space on this 8400 SF lot invites different possibilities. Common laundry in shared basement. #15 and #17 Oak St. are separately assessed for taxes by Somerville and are shown as combined. Visit attached interactive interior floorplans. Group showings to be scheduled. Please check out the 3D Tour attached.

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Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Somerville Real Estate

The median home value in Somerville, MA is $762,800. This is higher than the county median home value of $658,900. The national median home value is $338,100. The average price of homes sold in Somerville, MA is $762,800. Approximately 31.88% of Somerville homes are owned, compared to 62.23% rented, while 5.89% are vacant. Somerville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Somerville real estate agent to arrange a tour today!

Somerville, Massachusetts 02143 has a population of 80,608. Somerville 02143 is less family-centric than the surrounding county with 28.41% of the households containing married families with children. The county average for households married with children is 35.9%.

The median household income in Somerville, Massachusetts 02143 is $108,896. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Somerville 02143 is 31.8 years.

Somerville Weather

The average high temperature in July is 82.4 degrees, with an average low temperature in January of 19.1 degrees. The average rainfall is approximately 48 inches per year, with 51.4 inches of snow per year.

Somerville Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    39
    30-day change

Somerville Schools and Demographics

Education near Somerville, MA

Metric City County
High School Graduates 91.45 93.57
College Degree - 2 year 3.21 5.86
College Degree - 4 year 65.9 57.77
Graduate Degree 21.32 19.76
Expenditures per Student 23,560 23,560
Students per Teacher 12 12

Elementary Schools near Somerville, MA

School Grades Students P/T Ratio ZIP
Albert F. Argenziano School At Lincoln Park PK - 08 569 13.7 02143
Amigos School PK - 08 360 11 02139
Arthur D Healey PK - 08 529 13.2 02145
Benjamin Banneker Charter Public School KG - 06 347 17.4 02142
Capuano Early Childhood Center PK - KG 367 15.3 02145
E Somerville Community KG - 08 668 14 02145
John F Kennedy PK - 08 439 11.2 02144
West Somerville Neighborhood School PK - 08 370 13.7 02144
Winter Hill Community School PK - 08 446 11.3 02145

Middle Schools near Somerville, MA

School Grades Students P/T Ratio ZIP
Cambridge Street Upper School 06 - 08 259 9 02141
Putnam Avenue Upper School 06 - 08 226 8.1 02141

High Schools near Somerville, MA

School Grades Students P/T Ratio ZIP
Somerville High School 09 - 12 1,237 10.1 02143

Ungraded Schools near Somerville, MA

School Grades Students P/T Ratio ZIP
* Full Circle High School 09 - 12 55 4.5 02145
Community Charter School of Cambridge 06 - 12 398 12.9 02141
Prospect Hill Academy Charter School KG - 12 1,149 13.2 02139

Demographics near Somerville, MA 02143

Metric Zip Code City
Neighborhood Type Inner City
Population 80,608 1,623,411
Population Density 19,546 1,985
Median Age 31.8 38.5
People per Household 2.3 2.5
Median Household Income 108,896 111,790
Average Income per Capita 58,437 58,399