NOT LISTED FOR SALE
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

1,742 Sq Ft Lot

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
  • MAIN LO: AC0342
  • 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
  • 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 3: 2
  • 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
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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 Prior Sale
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 View Prior Sale
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

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 $15,176 $1,391,000 $660,200 $730,800
2024 $14,633 $1,391,000 $660,200 $730,800
2023 $14,145 $1,368,000 $660,200 $707,800
2022 $12,434 $1,221,400 $628,800 $592,600
2021 $11,805 $1,158,500 $598,900 $559,600
2020 $11,456 $1,135,400 $575,800 $559,600
2019 $8,309 $772,200 $492,400 $279,800
2018 $7,805 $690,100 $447,600 $242,500
2017 $7,517 $644,100 $422,300 $221,800
2016 $7,851 $626,600 $422,100 $204,500
2015 $7,368 $584,300 $389,400 $194,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72860725

MLS Property Information Network (MLS PIN)

APN: SOME 37-D-5-A

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