Seller's Agent in 2022
Lori Orchanian
Coldwell Banker Realty - Belmont
(617) 413-6770
1 in this area
132 Total Sales
3 Boston St Somerville, MA 02143
Prospect Hill Neighborhood
11
Beds
5
Baths
4,870
Sq Ft
5,227
Sq Ft Lot
Highlights
- 0.12 Acre Lot
- Deck
- Wood Flooring
- Somerville High School Rated A-
- Property is near public transit and schools
- 3-minute walk to Senator Corbett Playground
About This Home
As of June 2022HIGHLY DESIRABLE SOMERVILLE LOCATION JUST 3/10 MILE FROM UNION SQUARE AT INTERSECTION OF BOSTON STREET AND WASHINGTON STREET WITH VIEWS OF BOSTON!! Rarely available 5 unit multi family home with 5 parking spaces close to shops, public transportation, highway access and just minutes to Boston. This property consists of (4) two bedroom units and (1) three bedroom unit each with a dedicated parking space, coin operated laundry in basement and one unit has a roof deck! All units are fully tenanted with leases, utilities are separated and tenants pay their own heat and electric. This is great for a buy and hold investor or a developer.
Last Agent to Sell the Property
Coldwell Banker Realty - Belmont Listed on: 04/05/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,687
Year Built
- Built in 1890
Lot Details
- 5,412
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,870 Sq Ft Home
- Living Room
- Range
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 11 Bedrooms
- 5 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 5 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
- Assigned Parking
Additional Features
- Deck
- 5,412 Sq Ft Lot
- Property is near public transit and schools
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $6,600
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number M:93 B:F L:10,760487
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Shops
Building Details
- Electric Expense $500
- Insurance Expense $5,000
- Water Sewer Expense $3,400
- Operating Expense $37,000
- Net Operating Income $72,200
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/01/2022 06/01/22 | Sold | $1,900,000 | -5.0% | $390 / Sq Ft |
| 04/12/2022 04/12/22 | Pending | -- | -- | -- |
| 04/05/2022 04/05/22 | For Sale | $1,999,000 | -- | $410 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,724 | $1,807,900 | $636,500 | $1,171,400 |
| 2024 | $18,644 | $1,772,200 | $636,500 | $1,135,700 |
| 2023 | $16,837 | $1,628,300 | $636,500 | $991,800 |
| 2022 | $15,687 | $1,541,000 | $606,100 | $934,900 |
| 2021 | $14,996 | $1,471,600 | $577,300 | $894,300 |
| 2020 | $13,804 | $1,368,100 | $555,100 | $813,000 |
| 2019 | $12,190 | $1,132,900 | $482,600 | $650,300 |
| 2018 | $11,261 | $995,700 | $438,800 | $556,900 |
| 2017 | $10,666 | $914,000 | $414,000 | $500,000 |
| 2016 | $10,192 | $813,400 | $378,500 | $434,900 |
| 2015 | $9,976 | $791,100 | $376,500 | $414,600 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Orchanian
-
The Residential Group
Buyer's Agent in 2022
The Residential Group
Coldwell Banker Realty - Brookline
(617) 296-7653
1 in this area
246 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72962571
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