NOT LISTED FOR SALE

Estimated Value: $1,071,000 - $1,259,763

7 Beds
3 Baths
2,538 Sq Ft
$469/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $1,105,000 $435 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,468/month

5 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Park
  • Property is near public transit
  • Porch
  • 4-minute walk to Coolidge Playground

About This Home

As of February 2024

Investor or owner occupant opportunity for a superbly located property close to Belmont and Cambridge and convenient public transportation. 1st and 2nd floor units are 5 room, 3-bedroom units while the 3rd floor has one 1-bedroom, all currently leased. Each unit with its own laundry and heating systems with separate gas meters. Electricity for 2nd and 3rd floor units currently on one meter while the 1st floor has its own separate meter. Basement has partitioned storage compartments for each unit. Parking for 4 cars. Don't hesitate. See it. Own it!

Last Agent to Sell the Property

Amleto Mel Martocchia

Martocchia REALTORS® Listed on: 01/10/2024

Co-Listed By

Anne Marie Pettiglio

Martocchia REALTORS®

Last Buyer's Agent

Xavier Clair

Advantage Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,077

Year Built

  • Built in 1912

Lot Details

  • 4,922

Home Design

  • Block Foundation
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,538 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected

Additional Features

  • Porch
  • 4,922 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $7,025
  • Rent includes unit 1(water), unit 2(electric water), unit 3(electric water)
  • Assessor Parcel Number M:1601 B:0025 L:0016,855917

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Bike Trail

Building Details

  • Net Operating Income $84,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,077

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1912
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Hardwood
  • Interior Amenities: Unit 1(Pantry), Unit 2(Pantry), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room, Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Full, Unfinished
  • Living Area: 2538
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: D95006
  • LIST PRICE PER Sq Ft: 403.86
  • PRICE PER Sq Ft: 435.38
  • MAIN SO: NB1441

Exterior Features

  • Exterior Features: Porch
  • Foundation Details: Block, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Assigned, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Unit 1(Steam,Gas,Unit Control), Unit 2(Steam,Gas,Unit Control), Unit 3(Steam,Gas,Unit Control)
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Public School, University
  • Rent Includes: Unit 1(Water), Unit 2(Electric,Water), Unit 3(Electric,Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:1601 B:0025 L:0016,855917
  • Zoning: T
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4922
  • Lot Size Units: Acres
  • PAGE: 104
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12077
  • Tax Book Number: 1265

Multi Family

  • Gross Income: 84300
  • Net Operating Income: 84300
  • Number Of Units Total: 3
  • Total Actual Rent: 7025
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Clair Amanda R $884,000
Closed Jamison Scott $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $1,105,000 +7.8% $435 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $1,025,000 -- $404 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $11,845 $1,014,100 $519,500 $494,600
2024 $10,670 $912,000 $520,300 $391,700
2023 $12,077 $889,300 $497,600 $391,700
2022 $11,093 $837,200 $452,400 $384,800
2021 $9,900 $808,200 $437,300 $370,900
2020 $9,593 $790,200 $422,200 $368,000
2019 $9,785 $759,700 $422,200 $337,500
2018 $9,440 $700,800 $392,100 $308,700
2017 $8,395 $604,400 $343,100 $261,300
2016 $7,982 $583,500 $324,200 $259,300
2015 $7,163 $476,600 $286,500 $190,100
2014 $6,849 $457,800 $267,700 $190,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73192470

MLS Property Information Network (MLS PIN)

APN: WATE-001601-000025-000016