Rare opportunity to acquire a 6-unit building in prime Union Square location for 300K per unit. All 6 units feature 2 bedrooms and an open kitchen / living room. Possible opportunity to expand into basement to add additional living space. Nice spacious rear yard. Propert...
This home has been viewed 32 times
Last Checked: May 7th, 2024 at 12:31am (Source: MLS PIN #73058583)
Gross Income: $55,320
Gross Expenses: $15,387
Net Income Calc: $39,933
CAP Rate: 2.22%
Annual Expenses for 182-184 Tremont Street, Somerville MA 02143
Total Gross Expenses (Calculated)$15,387/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$15,387
Annual Income & Unit Breakdown for 182-184 Tremont Street, Somerville MA 02143
Total Gross Income (Calculated)$55,320
Unit 1
Rental Income$1,150
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,150
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,150
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$1,160
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 182-184 Tremont Street, Somerville MA 02143
Listing ID73058583
Property TypeMulti Family / 5+ Family
Price$1,800,000 ($510.2/SqFt)
Style5-9 Family
CitySomerville
CountyMiddlesex
MLS AreaUnion Square
Neighborhood(s)
Approximate Living Area Total3,528 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking0
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionStone,Other
Accessible Features
Outdoor Space
ZoningRES
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 182-184 Tremont Street, Somerville MA 02143
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceLimited Information
Total Gross Expenses By Broker$0
Total Gross Income By Broker$70,320
Total Net Income By Broker$70,320
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation2.0
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 182-184 Tremont Street, Somerville MA 02143
Real Estate Taxes$15,387
Tax Year2022
Assessed Value$1,511,500
Financial Data SourceLimited Information
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$70,320
BostonRealEstate.com Gross Income
Total Net Income By Broker$70,320
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)2.22%
Location Information for 182-184 Tremont Street, Somerville MA 02143
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaUnion Square
Area Amenities
Contact Information for 182-184 Tremont Street, Somerville MA 02143