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21 Sewall Street, Somerville MA 02145

$3,000,000

Estimated $6,610/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $500,000

Total Rent: 121800/year

Estimated CAP Rate:

18 Bedrooms

Baths

6624

Total Parking: 0

6,000 (0.14)

Cash Cow! Rare 6 family in Somerville grossing over 187k rent per year and more potential upside. Approximately 6624 sq ft with many high quality and tasteful updates. Beautifully renovated kitchens and tiled baths. In unit laundry, enormous back decks, large backyard which would make a lovely courtyard. All separated utilities (including water meters), gas heating and gas hot water tanks.Low maintenance vinyl siding on majority of the exterior. Fifteen minute walk to new Green Line T station, quick walk to stores and restaurants. Easy access to downtown Boston, Assembly Row, Rt 28, 38 and 93. Excellent rental history. Group showing this Wednesday at 10:30am All are welcome! No appointment necessary. 5 out of 6 units pay their own water bill.

This home has been viewed 42 times

Last Checked: May 7th, 2024 at 2:41am (Source: MLS PIN #73057996)

Gross Income: $121,800

Gross Expenses: $20,940

Net Income Calc: $100,860

Annual Expenses for 21 Sewall Street, Somerville MA 02145

Total Gross Expenses (Calculated)$20,940/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax20940.26

Annual Income & Unit Breakdown for 21 Sewall Street, Somerville MA 02145

Total Gross Income (Calculated)$121,800

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor3

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 21 Sewall Street, Somerville MA 02145

Listing ID73057996

Property TypeMulti Family / 5+ Family

Price3000000 ($452.9/SqFt)

Style5-9 Family

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total6624

Approximate Lot Size (Acres)0.14

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoningres

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 21 Sewall Street, Somerville MA 02145

Lead Paint

UFFI

Living Area Includes BasementNo

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 Compensation2.5%

Facilitator Compensation2.5%

Compensation Based OnNet Sale Price

Financial Information for 21 Sewall Street, Somerville MA 02145

Real Estate Taxes20940.26

Tax Year2022

Assessed Value$2,057,000

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 21 Sewall Street, Somerville MA 02145

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 21 Sewall Street, Somerville MA 02145

Agent

Name: Shane Marrion

Office

Name: Benoit Real Estate Group ,LLC

Phone: 617-764-5590

Payment Calculator

, Interest

Property Taxes 1745.02

Principal & Interest 18485.05

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Benoit Real Estate Group ,LLC

Shane Marrion

Agent Phone

Office Phone

(617) 764-5590

Text Agent Call Agent Call Office

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EXIT

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Expired

21 Sewall Street, Somerville MA 02145

$3,000,000

Annual Expenses for 21 Sewall Street, Somerville MA 02145

Annual Income & Unit Breakdown for 21 Sewall Street, Somerville MA 02145

General Information for 21 Sewall Street, Somerville MA 02145

Disclosures for 21 Sewall Street, Somerville MA 02145

Financial Information for 21 Sewall Street, Somerville MA 02145

Location Information for 21 Sewall Street, Somerville MA 02145

Contact Information for 21 Sewall Street, Somerville MA 02145

Agent

Office

Payment Calculator

Exclusive Listing Agent

Benoit Real Estate Group ,LLC

Shane Marrion