NOT LISTED FOR SALE
13 Beds
12 Baths
6,509 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: December 15, 2021

Last sale price $3,950,000 $607 Per Sq Ft

47 Days on Market

Highlights

  • 6 Cooling Zones
  • Somerville High School Rated A-
  • 2-minute walk to Chuckie Harris Park

About This Home

As of December 2021

Rare opportunity to purchase a beautiful new renovation 6 family property featuring a mix of 2-3 bedroom/2 bath units, each with parking and private outdoor space, all steps from the shops and restaurants on Broadway. The units are renovated to a high-end condominium quality with white shaker kitchens, stainless steel appliances, quartz countertops, tile baths, hardwood floors, crown moldings, in-unit laundry, central HVAC with air conditioning and a high attention to detail and craftsmanship. The property is situated on an oversized 7375 sq/ft lot with a large parking lot for 6 vehicles plus a spacious rear yard. This is an amazing A+ investment grade asset in a popular Somerville location. 3 units currently occupied with a rent roll of $10,545/month. 3 additional similar sized units are vacant and ready to rent. Make this the asset you pass down through the generations. Call for a private showing today!

Last Agent to Sell the Property

The Residential Group

Coldwell Banker Realty - Brookline Listed on: 09/21/2021

Coldwell Banker Realty - Brookline

Last Buyer's Agent

Ning Sun

United Real Estate, LLC

United Real Estate, LLC
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1890

Lot Details

  • 7,405

Interior Spaces

  • Property has 1 Level

Utilities

  • 6 Cooling Zones
  • 6 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1890

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: One way street between Brooks Street and Broadway
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Renovated Since
  • Special Features: None
  • Year Built: 1890

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 3(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 4(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Has Basement: Full, Interior Entry, Bulkhead
  • MAIN LO: M59500
  • MAIN SO: AN1807
  • Full Bathrooms: 12
  • Total Bedrooms: 13
  • Door Features: Insulated Doors
  • Fireplace: No
  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)
  • Interior Amenities: Unit 1(Crown Molding,Stone/Granite/Solid Counters,Open Floor Plan), Unit 2(Crown Molding,Stone/Granite/Solid Counters,Open Floor Plan), Unit 3(Crown Molding,Stone/Granite/Solid Counters,Open Floor Plan), Unit 4(Crown Molding,Stone/Granite/Solid Counters,Open Floor Plan), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 3 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 4 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Stories: 10
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Rubber
  • Exterior Features: Unit 2 Balcony/Deck, Unit 3 Balcony/Deck, Unit 4 Balcony/Deck
  • Foundation Details: Brick/Mortar
  • Construction Type: Frame
  • Disclosures: 6 Family. Units 1-5 As Noted. Unit #6 Is A 5 Room 2 Bedroom/2 Bath Unit. Photos Are Virtually Staged.
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Cooling: Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air), Unit 4(Central Air)
  • Heating: Unit 1(Forced Air), Unit 2(Forced Air), Unit 3(Forced Air), Unit 4(Forced Air)
  • HEAT UNITS: 6
  • HEAT ZONES: 6
  • COOLING ZONES: 6
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station

Lot Info

  • LOT SIZE: 7375
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 7405.2
  • Zoning: RB

Multi Family

  • LEVELS 1: 1
  • COOLING UNITS: 6
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2
  • Annual Gross Income: 126540
  • Property Net Operating Income: 126540
  • Number Of Units Total: 6
  • Total Actual Rent: 10545

Tax Info

  • Tax Annual Amount: 16722
  • Tax Book Number: 73242
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Dec 14, 2021
Sold by
Leovofs Llc
Bought by
Seller's Agent
The Residential Group
Coldwell Banker Realty - Brookline
Buyer's Agent
Ning Sun
United Real Estate, LLC
List Price
$4,150,000
Sold Price
$3,950,000
Premium/Discount to List
-$200,000
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,690,000
Outstanding Balance
$2,427,027
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 1, 2019
Closed on
Sep 5, 2019
Sold by
Leon Gingras Rt and Gingras
Bought by
Leovofs Llc
Seller's Agent
Stephen Pereira
Dell Realty Inc.
Buyer's Agent
Stephen Pereira
Dell Realty Inc.
List Price
$3,000,000
Sold Price
$1,800,000
Premium/Discount to List
-$1,200,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.16%
Original Mortgage
$2,140,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,900,000 None Available
Leovofs Llc $1,800,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,690,000
Previous Owner Leovofs Llc $2,140,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2021 12/15/21 Sold $3,950,000 -4.8% $607 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $4,150,000 +130.6% $638 / Sq Ft
09/06/2019 09/06/19 Sold $1,800,000 0.0% $369 / Sq Ft View Prior Sale
07/08/2019 07/08/19 Pending -- -- --
07/01/2019 07/01/19 Off Market $1,800,000 -- --
05/10/2019 05/10/19 Price Changed $2,600,000 -13.3% $533 / Sq Ft
05/01/2019 05/01/19 For Sale $3,000,000 0.0% $615 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $3,000,000 -- $615 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $41,603 $3,813,300 $567,400 $3,245,900
2024 $40,013 $3,803,500 $567,400 $3,236,100
2023 $35,086 $3,393,200 $567,400 $2,825,800
2022 $24,104 $2,367,800 $540,400 $1,827,400
2021 $19,329 $1,896,900 $514,700 $1,382,200
2020 $16,722 $1,657,300 $494,900 $1,162,400
2019 $14,687 $1,365,000 $402,700 $962,300
2018 $12,158 $1,075,000 $366,100 $708,900
2017 $11,369 $974,200 $345,400 $628,800
2016 $9,517 $759,500 $242,600 $516,900
2015 $9,057 $718,200 $241,300 $476,900
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72897796

MLS Property Information Network (MLS PIN)
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