NOT LISTED FOR SALE

23 Gorham St Somerville, MA 02144

Davis Square Neighborhood
9 Beds
4 Baths
4,563 Sq Ft
3,920 Sq Ft Lot

Last Sold August 25, 2021

Last sale price $1,630,000 $357 Per Sq Ft

59 Days on Market

Highlights

  • Property is near public transit and schools
  • Wood Flooring
  • Shops
  • Somerville High School Rated A-
  • Park
  • 1-minute walk to Hodgkins-Curtin Park

About This Home

As of August 2021

LOCATION, LOCATION. Opportunity to own in desired sought-after Davis Sq. Area. Spacious 3+ Units with potential to make additional improvements and/or possible conversion. Excellent long-term Rental History. 1st. floor Apt. has 6 rms., 3 -bdrms., 1-full bath, updated Eat-in Kitchen, spacious Dining & Living rms, Sitting rm.,Hardwood floors. 2nd. floor Apt. has 6 rms., 3 bdrms., 1-full bath, Updated kitchen, Large Living & Dining rms. and a sitting rm., an adjoining private 2 rm. studio with kitchenette & full bath (or 4th Unit). 3rd. floor Apt. has 3 rms., 2-bdrms., open space kitchen/dining/ living space, 1-full bath, enclosed 3-Season porch in rear. 3 Burnham Gas FHW Ht.systems, Approx.8 yrs., Hot water Heaters: #1-5/18, #2-8/19, #3-3/15. Replacement windows-Approx.8 yrs. Roof is 20+ yrs. old. Property to be sold "As Is". No Warranties, guarantees or representations, expressed or implied. Buyer(s) & Agent(s) to do own due diligence.

Last Agent to Sell the Property

Anthony Zafferano

Norwich Realty Associates Listed on: 05/01/2021

Last Buyer's Agent

Anthony Zafferano

Norwich Realty Associates Listed on: 05/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,145

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • 4,563 Sq Ft Home
  • Triplex
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • 60 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Rain Gutters
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $6,750
  • Rent includes unit 1(heat hot water), unit 2(electric), unit 3(none)

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Bike Trail

Building Details

  • Net Operating Income $81,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,145

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled
  • Year Built: 1910
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile,Carpet,Hardwood,Wood Laminate, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Wood Flooring), Unit 3(Hardwood Floors,Wood Flooring)
  • Interior Amenities: Unit 1(Ceiling Fans,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub), Unit 2(Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Sunroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Sunroom,Other (See Remarks)), Unit 3 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Refrigerator,Vent Hood), Unit 2(Range,Dishwasher,Disposal,Refrigerator,Vent Hood), Unit 3(Range,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven
  • Total Bedrooms: 9
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Living Area: 4563
  • Stories Total: 6
  • MAIN LO: BB5730
  • MAIN SO: BB5730

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Block, Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Hot Water Baseboard,Hot Water Radiators,Gas), Unit 2(Hot Water Baseboard,Hot Water Radiators,Gas), Unit 3(Hot Water Radiators,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 60 Amps/Less, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Heat,Hot Water), Unit 2(Electric), Unit 3(None)
  • Senior Community YN: No

Lot Info

  • Zoning: 1050
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.399999
  • Lot Size Units: Acres
  • LOT SIZE: 3925

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 15145

Multi Family

  • Net Operating Income: 81000
  • Number Of Units Total: 3
  • Total Actual Rent: 6750
  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
08/25/2021 08/25/21 Sold $1,630,000 -3.8% $357 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/02/2021 06/02/21 Price Changed $1,695,000 -5.6% $371 / Sq Ft
05/15/2021 05/15/21 Price Changed $1,795,000 -5.3% $393 / Sq Ft
05/01/2021 05/01/21 For Sale $1,895,000 -- $415 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Anthony Zafferano

    Norwich Realty Associates

    1 in this area

    6 Total Sales

    Anthony Zafferano
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72824002

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Somerville 02144 Davis Square

23 Gorham St, Somerville, MA

Not Listed for Sale

MultiFamily

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