NOT LISTED FOR SALE

127 Summer St Somerville, MA 02143

Spring Hill Neighborhood
8 Beds
8 Baths
4,598 Sq Ft
4,792 Sq Ft Lot

Last Sold November 06, 2020

Last sale price $2,075,000 $451 Per Sq Ft

12 Days on Market

Highlights

  • City View
  • Deck
  • Porch
  • Somerville High School Rated A-
  • Wood Flooring

About This Home

As of November 2020

Rare offering ! Very well maintained and upgraded 6 Family in Union Square, one of the fastest growing neighborhoods around. Turn key investment with Annual Gross Income of $140k and cap rate of 5% at existing rents with substantial value add opportunity. Many system upgrades including mostly newer kitchens w/granite counter tops & newer baths. New High Efficiency Gas Heating system and updated electrical. The property is conveniently located just a few blocks from bustling Union Square which will soon be home to the new Green Line Extension. The neighborhood boasts many great shops, cafes and restaurants. The Union Square Redevelopment has steadily added to the upward trajectory Union Square has been experiencing and is poised to add 2.4 million sq ft of office, retail & lab space. Fabulous location close to Harvard, Cambridge & Boston. Super opportunity for savvy investor or seller coming out of a 1031. Great Property, Fabulous Location ! Offers due Tue Sept 15th 4pm

Last Agent to Sell the Property

Andy Mass

Mass Realty Properties Listed on: 09/04/2020

Last Buyer's Agent

Manish Kumar

Maven Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,792

Outdoor Features

  • Deck
  • Porch

Schools

  • Somerville High School

Additional Features

  • City Views
  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:51 B:F L:33

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 5090
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 478.47
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 9
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 8
  • Total Fbh: 8
  • No Rooms: 19
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full, Walk Out
  • Main Lo: AN1745
  • Main So: NB9077
  • Estimated Sq Ft: 4598.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Porch, Deck, City View(s)
  • Foundation: Fieldstone

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 2274
  • Electric Features: 200 Amps
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • App Common: Dryer - ENERGY STAR, Washer - ENERGY STAR

Schools

  • High School: Somerville High

Lot Info

  • Assessments: 1306400.00
  • Acre: 0.11
  • Lot Size: 5000.00
  • Page: 482
  • Parcel Number: M:51 B:F L:33
  • Zoning: RB
  • Lot Description: Level

Multi Family

  • APOD Available: Yes
  • Total Levels: 6
  • Total Rent: 11595
  • Total Rms: 22
  • No Units: 6
  • Mf Type: 5-9 Family

Tax Info

  • Taxes: 12392.00
  • Tax Year: 2020

MLS Schools

  • High School: Somerville High

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $2,075,000 -5.7% $451 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $2,200,000 -- $478 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andy Mass

    Seller's Agent in 2020

    Andy Mass

    Mass Realty Properties

    (617) 877-5706

    2 in this area

    63 Total Sales

    Andy Mass
    Section Image

  • M

    Buyer's Agent in 2020

    Manish Kumar

    Maven Realty

    (617) 868-0100

    1 in this area

    15 Total Sales

    Manish Kumar
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72720938

MLS Property Information Network (MLS PIN)

APN: SOME 51-F-33

Massachusetts Middlesex County Somerville 02143 Spring Hill

127 Summer St, Somerville, MA

This home is located at 127 Summer St, Somerville, MA 02143 since 04 September 2020. This property was built in 1900. 127 Summer St is a home located in Middlesex County with nearby schools including Somerville High School and Saint Theresa School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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