$2,779,900
Active
45 Days Online
8 Beds0 Baths4,660 SQFT
Active

84-86-86r Cross St Somerville, MA 02145

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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

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyMiddlesex
  • Taxes$16,818
  • HOA/Condo/Coop Fees$0
  • Days on Site45 Days
  • MLS StatusActive
  • MLS ID Number73218290
  • Home Size Source Other
  • Year Built1900
  • Lot Size0.14 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Paved DriveOff Street
  • Parking Spaces 3
  • Sewer Public Sewer
  • Electric Circuit Breakers
  • Basement Full
  • Number of Stories 8
  • Acreage 0.14
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation Stone
  • Zoning Resdntl
  • Buyer Agent Compensation 2.125
  • Facilitator Compensation 2.125
  • Compensation Based On Net Sale Price
  • Sub-Agency Relationship Offered No
  • Garage 0
  • Parking Features Paved DriveOff Street
  • Electricity Circuit Breakers

Interior Features

  • Flooring Wood
  • Fireplaces 0
  • Laundry Features Electric Dryer HookupWasher Hookup
  • Fireplace No

Exterior Features

  • Spa No
  • Waterfront Property No
  • Patio And Porch Deck

Community Features

  • Community Features Public TransportationShopping
  • Senior Community No
  • Adult Care Community No

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Monthly Payment (Est.)

$14,826
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