Unique opportunity for an owner to invest and live in a unit with high rents to offset mortgage in a hot real estate market. Oversized & sunny 3-unit Dutch Colonial offers an opportunity to move in and lease other units. This pristine home is updated & renovated including kitchens, baths, appliances, fixtures, moldings, french doors with gleaming hardwood flooring & sizeable decks. First floor has accessibility to lower level with an office/playroom & full bath and brand-new gas heating system. Capitalize on this attractive upgraded multifamily as a homeowner or investor with a steady monthly cash flow. Close proximity to Sullivan Square Station, Green line extension, Supermarkets, less than 1 mile to Assembly Row with great restaurants & shopping and Tufts University. Easy access to Route 93 North & South and Boston. 1 car off street parking.
This home has been viewed 39 times
Last Checked: May 7th, 2024 at 2:10am (Source: MLS PIN #73086958)
Gross Income: $103,800
Gross Expenses: $1,313,096
Net Income Calc: $1,209,296
Water Views
Annual Expenses for 13 Pennsylvania Avenue, Somerville MA 02145
Total Gross Expenses (Calculated)$1,313,096/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax1313096
Annual Income & Unit Breakdown for 13 Pennsylvania Avenue, Somerville MA 02145
Total Gross Income (Calculated)$103,800
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 13 Pennsylvania Avenue, Somerville MA 02145
Listing ID73086958
Property TypeMulti Family / 3 Family
Price1599000 ($469.47/SqFt)
Style3 Family
CitySomerville
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3406
Approximate Lot Size (Acres)0.11
Total Parking1
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot Features
Foundation Area0
Foundation Description
Accessible Features
Outdoor Space
Zoning0
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 13 Pennsylvania Avenue, Somerville MA 02145
Lead Paint
UFFI
Living Area Includes BasementYes
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 Compensation2.0
Facilitator Compensation1.0
Compensation Based OnNet Sale Price
Financial Information for 13 Pennsylvania Avenue, Somerville MA 02145
Real Estate Taxes1313096
Tax Year2023
Assessed Value$126,991
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 13 Pennsylvania Avenue, Somerville MA 02145
High SchoolSomerville High
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 13 Pennsylvania Avenue, Somerville MA 02145