Back on Market. Great Investment, future development opportunity or perfect for a homeowner. Preliminary Condo Conversion approval in hand. Buyer chose not to wait for final approval expected in November. Situated steps from both Cambridge’s Mass Ave and Somerville’s Teele Square, this oversized true turnkey gem awaits. 14 well appointed rooms feature hardwood floors and meticulous touches in every space. Sparkling first level unit takes advantage of an inviting finished space in the basement. Second level encompasses two floors with a potential stylish private master suite that includes a designer double vanity bath as well as some Boston skyline views. 2018 high efficiency four-zone Lochinvar heating system, a slate roof, garage, and generous front and rear porches & decks, add to the appeal. Property will be delivered vacant but when occupied rents totaled $8,000 per month. Convenient to all transit lines, Davis Sq, the Red Line’s Alewife Station, the new Green Line, Tufts & Rte 2.
This home has been viewed 34 times
Last Checked: May 7th, 2024 at 2:16am (Source: MLS PIN #73002175)
Gross Income: $0
Gross Expenses: $10,866
Net Income Calc: $10,866
Water Views
Annual Expenses for 58-60 Clarendon Ave, Somerville MA 02144
Total Gross Expenses (Calculated)$10,866/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10866
Annual Income & Unit Breakdown for 58-60 Clarendon Ave, Somerville MA 02144
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 58-60 Clarendon Ave, Somerville MA 02144
Listing ID73002175
Property TypeMulti Family
Price1329900 ($442.56/SqFt)
StyleMulti Family
CitySomerville
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3005
Approximate Lot Size (Acres)0.09
Total Parking3 (2 Garage)
Garage Parking2
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
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 58-60 Clarendon Ave, Somerville MA 02144
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceMeasured
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
Facilitator Compensation1
Compensation Based OnNet Sale Price
Financial Information for 58-60 Clarendon Ave, Somerville MA 02144
Real Estate Taxes10866
Tax Year2022
Assessed Value$1,067,400
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 58-60 Clarendon Ave, Somerville MA 02144
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 58-60 Clarendon Ave, Somerville MA 02144