Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Expired

40 Central Rd, Somerville MA 02143

$1,095,000

Estimated $104,381/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $365,000

Total Rent: 0/year

Estimated CAP Rate:

6 Bedrooms

Baths

3637

Total Parking: 5 (1 Garage)

3,186 (0.07)

***(SUNDAY SHOWING ONLY 12-1:30pm)*** Attention contractors, developers and investors - This 3 family home is a great condo conversion project or buy & hold investment. This property has "great bones" and tons of potential with additional living space in basement and attic. All units in the property are going to be delivered vacant and are ready to be updated by your personal touch. This is a prime Winter Hill location in Somerville providing many conveniences such as easy access in and out of Boston and near Public Transportation. Enjoy the conveniences of great local restaurants such as SARMA, The Winter Hill Brewery, Highland Kitchen and tons of shopping and eateries in nearby Assembly Sq. Property will not qualify for FHA, VA or tradition financing. Property is being sold as-is.

This home has been viewed 54 times

Last Checked: May 7th, 2024 at 1:16am (Source: MLS PIN #72944878)

Gross Income: $0

Gross Expenses: $1,231,271

Net Income Calc: $1,231,271

Annual Expenses for 40 Central Rd, Somerville MA 02143

Total Gross Expenses (Calculated)$1,231,271/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax1231271

Annual Income & Unit Breakdown for 40 Central Rd, Somerville MA 02143

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 40 Central Rd, Somerville MA 02143

Listing ID72944878

Property TypeMulti Family / 3 Family

Price1095000 ($301.07/SqFt)

Style3 Family

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3637

Approximate Lot Size (Acres)0.07

Total Parking5 (1 Garage)

Garage Parking1

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRA

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 40 Central Rd, Somerville MA 02143

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings

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 Compensation2.0

Facilitator Compensation2.0

Compensation Based OnGross/full Sale Price

Financial Information for 40 Central Rd, Somerville MA 02143

Real Estate Taxes1231271

Tax Year2022

Assessed Value$1,209,500

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 40 Central Rd, Somerville MA 02143

Neighborhood(s)

Area Amenities

Contact Information for 40 Central Rd, Somerville MA 02143

Agent

Name: Corey Melkonian

Office

Name: Cameron Prestige, LLC

Phone: 857-331-5127

Payment Calculator

, Interest

Property Taxes 102605.92

Principal & Interest 6747.04

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cameron Prestige, LLC

Corey Melkonian

Agent Phone

Office Phone

(857) 331-5127

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.07 acres (3,186 SqFt)
    [add_date] => 2024-05-07 01:16:01
    [address] => Central Rd
    [agent] => Array
        (
            [address] => 12 Warwick Ave.
            [city] => Waltham
            [id] => CN205028
            [name] => Corey Melkonian
            [national_association] => 449585978
            [office] => AC0342
            [state] => MA
            [zip] => 02452
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 3637
    [approx_lot_size_acres] => 0.07
    [approx_lot_size_sqft] => 3186
    [assessed_value] => $1,209,500
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 6
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2.0
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 3 Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Somerville
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
            [0] => Gross/full Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Middlesex
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => ***(SUNDAY SHOWING ONLY 12-1:30pm)***   Attention contractors, developers and investors - This 3 family home is a great condo conversion project or buy & hold investment. This property has "great bones" and tons of potential with additional living space in basement and attic. All units in the property are going to be delivered vacant and are ready to be updated by your personal touch. This is a prime Winter Hill location in Somerville providing many conveniences such as easy access in and out of Boston and near Public Transportation. Enjoy the conveniences of great local restaurants such as SARMA, The Winter Hill Brewery, Highland Kitchen and tons of shopping and eateries in nearby Assembly Sq. Property will not qualify for FHA, VA or tradition financing. Property is being sold as-is.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Personal Belongings
        )

[exterior_features] => Array
        (
            [0] => Porch
        )

[facilitator_compensation] => 2.0
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 1
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 01:16:01
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 72944878
    [neighborhoods] => 
    [net_income_calc] => -1231271
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 3
    [office] => Array
        (
            [id] => AN4281
            [name] => Cameron Prestige, LLC
            [phone] => 857-331-5127
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 1095000
    [price_per_sqft] => 301.07
    [price_per_unit] => 365000
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 3 Family
        )

[real_estate_tax] => 1231271
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 16
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Expired
        )

[street_number] => 40
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 1
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2022
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 1231271
    [total_gross_income] => 0
    [total_parking] => 5 (1 Garage)
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 2
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 2
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 2
    [unit_3_floor] => 3
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 1
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 40 Central Rd, Somerville MA 02143
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => 
    [waterfront_features] => Array
        (
        )

[year_built] => 1900
    [year_built_details] => Approximate
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 02143
    [zips] => 
    [zoning] => RA
    [zoning_details] => 
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/330114/MLS1.jpg
            [1] => https://media.mlspin.com/photo.aspx?mls=72944878&w=1024&h=768&n=2
            [2] => https://media.mlspin.com/photo.aspx?mls=72944878&w=1024&h=768&n=3
            [3] => https://media.mlspin.com/photo.aspx?mls=72944878&w=1024&h=768&n=4
            [4] => https://media.mlspin.com/photo.aspx?mls=72944878&w=1024&h=768&n=5
            [5] => https://media.mlspin.com/photo.aspx?mls=72944878&w=1024&h=768&n=6
            [6] => https://media.mlspin.com/photo.aspx?mls=72944878&w=1024&h=768&n=7
            [7] => https://media.mlspin.com/photo.aspx?mls=72944878&w=1024&h=768&n=8
            [8] => https://media.mlspin.com/photo.aspx?mls=72944878&w=1024&h=768&n=9
        )

[raw] => 
)

EXIT

7 More Photos

Expired

40 Central Rd, Somerville MA 02143

$1,095,000

Annual Expenses for 40 Central Rd, Somerville MA 02143

Annual Income & Unit Breakdown for 40 Central Rd, Somerville MA 02143

General Information for 40 Central Rd, Somerville MA 02143

Disclosures for 40 Central Rd, Somerville MA 02143

Financial Information for 40 Central Rd, Somerville MA 02143

Location Information for 40 Central Rd, Somerville MA 02143

Contact Information for 40 Central Rd, Somerville MA 02143

Agent

Office

Payment Calculator

Exclusive Listing Agent

Cameron Prestige, LLC

Corey Melkonian