$2,779,900
84-86-86r Cross St, Somerville, MA
8
Beds
4,660
Square feet
0.14
Acres
SIX TOTAL UNITS...EXTENSIVELY RENOVATED FOUR FAMILY AND TWO FAMILY PACKAGE IN PRISTINE CONDITION... UNDER HALF MILE TO NEW GREEN LINE AND JUST OVER HALF MILE TO ORANGE LINE. This Two Property Package INCLUDES SIX TOTAL UNITS IN A FOUR FAMILY AND TWO FAMILY ON SAME LOT. Four out of 6 units have been gut renovated to the studs with granite counter kitchens and new appliances. Updated roof, electric, hot water tanks and roof. Gross Monthly Rent is $13,300/ Gross Annual $159,600 (does not include 4 coin op washer & dryers). All unit utilities are separate. RENTS ARE SUBSTANTIALLY UNDER MARKET and rent roll can be increased significantly. Off street parking with TWO DRIVEWAYS. Perfect candidate for future condo conversion given extensive recent renovation to the property or a great 1031 Tax Deferred Exchange candidate. FANTASTIC LOCATION. Rated a Walker's Paradise Walk Score of 90. Rated a Rider's Paradise Transportation Score of 90 and a Very Bikeable Bike Score of 85l
Facts & Features
| MLS® # | 73218290 |
|---|---|
| Price | $2,779,900 |
| Bedrooms | 8 |
| Bathrooms | 0.00 |
| Square Footage | 4,660 |
| Acres | 0.14 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 5-9 Family |
| Status | Active |
| Taxes | $16,818 |
| Tax Year | 2023 |
Community Information
| Address | 84-86-86r Cross St |
|---|---|
| City | Somerville |
| County | Middlesex |
| State | MA |
| Zip Code | 02145 |
Amenities
| Utilities | for Gas Range, for Electric Dryer, Washer Hookup |
|---|---|
| Parking Spaces | 3 |
| Parking | Paved Drive, Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 8 |
| Basement | Yes |
| Basement Features | Full |
Exterior
| Foundation | Stone |
|---|
Additional Information
| Zoning | Resdntl |
|---|---|
| Condo Fees | $0 |
| Units In Complex | 6 |
| Electric | Circuit Breakers |
| Flooring | Wood |
| Road Type | Public |
| Water | Public |
| Sewer | Public Sewer |
| Utility Connections | for Gas Range, for Electric Dryer, Washer Hookup |
Listing Details
| Agent | The Steve Bremis Team |
|---|---|
| Office | Steve Bremis Realty Group |
| Buyer Agent Compensation | 2.125 |
| Facilitator Compensation | 2.125 |
| Compensation Based On | Net Sale Price |
| Sub Agency Relationship Offered | No |