This is a GEM of a multi-family investment awaiting a new owner. This 3 family property has so many wonderful features to offer in an extremely desirable location. Take advantage of the potential rental income as both an investor and an aspiring homeowner. Starting with the exterior, there is a 3-CAR GARAGE with electricity and new doors, as well as PLENTY OF PARKING. A spacious backyard to enjoy the warm sunny days and a storage shed. The first unit contains a finished basement area, with 5 bedrooms and two full baths, the roomy basement has an exterior access. The second floor and third floor have identical layouts with 4 bedrooms and 1 full bath and both have big bedrooms and good-sized closets. Some other amazing features include new rubber roof, all new water heaters, separate utilities and close to so many points of interest, including the brand new GREEN LINE Porter Square, David Square and Harvard Square, also close to many shops, restaurants, Tufts and more!
This home has been viewed 51 times
Last Checked: May 7th, 2024 at 12:31am (Source: MLS PIN #73058413)
Gross Income: $99,600
Gross Expenses: $15,098
Net Income Calc: $84,502
Water Views
Annual Expenses for 10 Warwick St, Somerville MA 02144
Total Gross Expenses (Calculated)$15,098/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax15098
Annual Income & Unit Breakdown for 10 Warwick St, Somerville MA 02144
Total Gross Income (Calculated)$99,600
Unit 1
Rental Income$0
LeaseY
Bedrooms5
Bathrooms2 Full
Floor1
Levels in Unit2
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 10 Warwick St, Somerville MA 02144
Listing ID73058413
Property TypeMulti Family / 3 Family
Price1850000 ($524.38/SqFt)
Style3 Family
CitySomerville
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3528
Approximate Lot Size (Acres)0.17
Total Parking13 (3 Garage)
Garage Parking3
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningRB
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 10 Warwick St, Somerville MA 02144
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Compensation Based OnNet Sale Price
Financial Information for 10 Warwick St, Somerville MA 02144
Real Estate Taxes15098
Tax Year2022
Assessed Value$1,483,100
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 10 Warwick St, Somerville MA 02144
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 10 Warwick St, Somerville MA 02144