$2,322,000

Estimated payment $14,496/month

Total Views 162
8 Beds
6 Baths
4,661 Sq Ft
$498 Price per Sq Ft

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Somerville High School Rated A-
  • Property is near public transit
  • Tennis Courts

About This Home

Turnkey 6-unit investment package in booming East Somerville! This offering includes two buildings across two parcels: a 4-unit structure at 84-86 Cross Street and a detached 2-unit building at 86R Cross Street. This is a plug-and-play asset ideal for buy-and-hold investors. Two legal parcels open the door to condo conversion, value-add improvements, or redevelopment down the line. Updated units in well-maintained property. All 3 upper units have back decks! Patio space between the 2 buildings! 3 vehicle driveway parking, with the possibility of adding more parking! Centralized laundry room! Strategically located just blocks from the Green Line Extension, Assembly Row, and I-93, this is a high-demand rental area with low vacancy and strong appreciation. Rare to find this kind of scale and location at once, don’t miss it!

Listing Agent

Chad Myers

Mr. Chaddles Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,984

Year Built

  • Built in 1900

Home Design

  • Manufactured Home on a slab

Interior Spaces

  • 4,661 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Additional Features

  • 3,049 Sq Ft Lot
  • Property is near public transit

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Park
  • Jogging Path

Building Details

  • Net Operating Income $153,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,984

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Levels: 7
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
  • Basement: Full
  • Above Grade Finished Sq Ft: 4661
  • Living Area: 4661
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN0974
  • LIST PRICE PER Sq Ft: 498.18
  • PRICE PER Sq Ft: 498.18

Exterior Features

  • Foundation Details: Slab
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood, Patio
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Gas Dryer, for Electric Dryer, Washer Hookup
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Highway Access, T-Station
  • Senior Community YN: No

Lot Info

  • Zoning: NR
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049
  • Lot Size Units: Acres
  • PAGE: 262
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 17984
  • Tax Book Number: 15861

Multi Family

  • Gross Income: 179400
  • Net Operating Income: 153000
  • Number Of Units Total: 6
  • Total Actual Rent: 14950
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 2
  • LEVELS 2: 2
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,772 $712,400 $382,800 $329,600
2024 $7,296 $693,500 $382,800 $310,700
2023 $7,115 $688,100 $382,800 $305,300
2022 $6,654 $653,600 $364,500 $289,100
2021 $6,390 $627,100 $359,600 $267,500
2020 $6,037 $598,300 $345,700 $252,600
2019 $5,587 $519,200 $286,800 $232,400
2018 $4,976 $440,000 $229,300 $210,700
2017 $4,781 $409,700 $216,300 $193,400
2016 $4,236 $338,100 $152,000 $186,100
2015 $4,236 $335,900 $151,200 $184,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $2,322,000 -- $498 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73380216

MLS Property Information Network (MLS PIN)

APN: SOME-000092-C000000-000016