NOT LISTED FOR SALE

8-10 Rhode Island Ave Somerville, MA 02145

East Somerville Neighborhood
5 Beds
3 Baths
2,395 Sq Ft
3,000 Sq Ft Lot

Last Sold October 06, 2022

Last sale price $985,000 $411 Per Sq Ft

4 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Porch
  • Somerville High School Rated A-
  • Wood Flooring
  • 2-minute walk to Chuckie Harris Park

About This Home

As of October 2022

Attention homeowners, developers and investors. Introducing this perfectly located two family on a tree lined side street close to Broadway. Spread over three floors, this bright and sunny property boasts hardwood floors and spacious rooms. Two level second unit features four bedrooms or could be utilized as perfect home office space. Basement has additional living space and is finished with kitchen cabinets, washer & dryer, and a third full bath. Off street driveway parking, a good size yard, inviting porches, and currently below market rents, add to the value. Close to Assembly Row, Sullivan Square, Encore Casino, Foss Park, and the restaurants and shops of Broadway. Easy access to Routes 93 & 28, Cambridge, Charlestown, the Somerville Squares, and within minutes to Downtown Boston.

Last Agent to Sell the Property

Chuck Andre

RE/MAX Andrew Realty Services Listed on: 08/18/2022

RE/MAX Andrew Realty Services

Last Buyer's Agent

Mingfei Zheng

Realty Premiere

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,115

Year Built

  • Built in 1910

Lot Details

  • 3,000 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 2,395 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Porch
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $3,700
  • Assessor Parcel Number M:89 B:C L:4

Community Details

Amenities

  • Medical Services
  • Shops

Additional Features

  • 2 Units
  • Net Operating Income $44,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,115

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks)), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator)
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Partially Finished
  • Living Area: 2395
  • Stories Total: 4
  • MAIN LO: AC2354
  • LIST PRICE PER Sq Ft: 413.32
  • PRICE PER Sq Ft: 411.27
  • MAIN SO: AC0055

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Slate
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Unit 1(Gas), Unit 2(Gas)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, Private School, Public School, T-Station

Lot Info

  • Parcel Number: M:89 B:C L:4
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3000
  • Lot Size Units: Acres
  • PAGE: 567
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9115
  • Tax Book Number: 43368

Multi Family

  • Gross Income: 44400
  • Net Operating Income: 44400
  • Number Of Units Total: 2
  • Total Actual Rent: 3700
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • 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

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $985,000 -0.5% $411 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $989,900 -- $413 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chuck Andre

    Seller's Agent in 2022

    Chuck Andre

    RE/MAX

    (617) 312-7156

    1 in this area

    113 Total Sales

    Section Image

  • M

    Buyer's Agent in 2022

    Mingfei Zheng

    Realty Premiere

    (617) 304-8661

    1 in this area

    34 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73027059

MLS Property Information Network (MLS PIN)

Massachusetts Middlesex County Somerville 02145 East Somerville

8-10 Rhode Island Ave, Somerville, MA

This home is located at 8-10 Rhode Island Ave, Somerville, MA 02145 since 18 August 2022. This property was built in 1910. 8-10 Rhode Island Ave is a home located in Middlesex County with nearby schools including Somerville High School, Prospect Hill Academy Upper Elementary Campus, and Bright Future Educare Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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