NOT LISTED FOR SALE

328 Beacon St Somerville, MA 02143

Porter Square Neighborhood
4 Beds
4 Baths
2,500 Sq Ft
1,742 Sq Ft Lot

Last Sold August 30, 2021

Last sale price $1,450,000 $580 Per Sq Ft

8 Days on Market

About This Home

As of August 2021

Rare opportunity to own a 4 Family Home bordering the Agassiz Area of Cambridge in the highly desired Porter Square Neighborhood of Somerville. This unique property consists of (4) one bedroom units with Eat In kitchens, and generously sized bedrooms and living space. Three out of the four units are fully tenanted leased to 8/31/22. Vacant unit's tenant just moved out, was rented for $2150/month. Convenient to commuter rail, red line, universities, shops, restaurants and so much more! With a WALK SCORE of 92 this property is situated in an ideal investment location! Laundry in basement, tenants paying their own utilities and driveway parking for 2 cars. This is an excellent turnkey investment property in an A+ location. Offer deadline 7/14 noon.

Last Agent to Sell the Property

Siyin Qu

eXp Realty Listed on: 07/06/2021

eXp Realty

Last Buyer's Agent

Mark Carey

Carey Connector

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 1,742

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Googlemap
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Has Basement: Concrete
  • Total Bathrooms: 4
  • MAIN LO: AC0342
  • LIST PRICE PER Sq Ft: 568
  • PRICE PER Sq Ft: 580
  • MAIN SO: AN6491
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Stories: 6

Exterior Features

  • Foundation Details: Stone
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 3258

Lot Info

  • LOT SIZE: 1759
  • PAGE: 231
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 1742.4
  • Zoning: RB

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1
  • Annual Gross Income: 74880
  • Insurance Expense: 3065
  • Property Net Operating Income: 68557
  • Number Of Units Total: 4
  • Annual Operating Expense: 6323
  • Total Actual Rent: 6240

Tax Info

  • Tax Annual Amount: 12266.08
  • Tax Book Number: 71063
  • Tax Year: 2022

Range of Values:

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Average Value
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List Price
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
08/30/2021 08/30/21 Sold $1,450,000 +2.1% $580 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $1,420,000 +11.4% $568 / Sq Ft
05/25/2018 05/25/18 Sold $1,275,000 -1.5% $510 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $1,295,000 -- $518 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Siyin Qu

    Seller's Agent in 2021

    Siyin Qu

    eXp Realty

    (888) 854-7493

    1 in this area

    36 Total Sales

    Siyin Qu
    Section Image
  • Mark Carey

    Buyer's Agent in 2021

    Mark Carey

    Carey Connector

    (617) 744-9468

    2 in this area

    7 Total Sales

    Mark Carey
    Section Image

  • D

    Seller's Agent in 2018

    Dustin Leclair

    Keller Williams Realty Boston Northwest

    Section Image
  • Charles Ball

    Seller Co-Listing Agent in 2018

    Charles Ball

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (617) 666-2121

    4 in this area

    61 Total Sales

    Charles Ball
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72860725

MLS Property Information Network (MLS PIN)

APN: SOME 37-D-5-A

Massachusetts Middlesex County Somerville 02140 Porter Square

328 Beacon St, Somerville, MA

This home is located at 328 Beacon St, Somerville, MA 02143 since 06 July 2021. This property was built in 1900. 328 Beacon St is a home located in Middlesex County with nearby schools including Somerville High School, Saint Theresa School, and St Peter School.

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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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