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Canceled

58 Main St, Somerville MA 02145

$1,349,000

Estimated $3,111/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $449,666.67

Total Rent: 81000/year

Estimated CAP Rate:

7 Bedrooms

Baths

3270

Total Parking: 5

8,283 (0.19)

Rare opportunity to own this turn of the 20th century mansard colonial set on over 8000 sq ft corner lot with huge front and back yards, plus 2 parking areas that can accommodate 5 vehicles. The property had been in the same family for over 70 years and was once used as a multigenerational home with 3 generations. Currently used as a rental with fantastic 1st floor unit that is open and spacious. Light and bright with hardwood floors and high ceilings the layout is flexible. The second floor has 2 full baths and outside porch and the 3rd floor has amazing views of the city from the outdoor deck. Could be great owner occupied house or investor property. On orange line and close to new green line. Easy access to all area amenities

This home has been viewed 61 times

Last Checked: May 7th, 2024 at 3:21am (Source: MLS PIN #73091607)

Gross Income: $81,000

Gross Expenses: $11,083

Net Income Calc: $69,917

Water Views

Annual Expenses for 58 Main St, Somerville MA 02145

Total Gross Expenses (Calculated)$11,083/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11083

Annual Income & Unit Breakdown for 58 Main St, Somerville MA 02145

Total Gross Income (Calculated)$81,000

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 58 Main St, Somerville MA 02145

Listing ID73091607

Property TypeMulti Family / 3 Family

Price1349000 ($412.54/SqFt)

Style3 Family

CitySomerville

CountyMiddlesex

MLS AreaWinter Hill

Neighborhood(s)

Approximate Living Area Total3270

Approximate Lot Size (Acres)0.19

Total Parking5

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoningres

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 58 Main St, Somerville MA 02145

Lead Paint

UFFI

Living Area Includes BasementNo

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

Facilitator Compensation2

Compensation Based OnNet Sale Price

Financial Information for 58 Main St, Somerville MA 02145

Real Estate Taxes11083

Tax Year2023

Assessed Value$1,071,900

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 Main St, Somerville MA 02145

Elementary SchoolHealey

High SchoolSomerville High

Neighborhood(s)

MLS AreaWinter Hill

Area Amenities

Contact Information for 58 Main St, Somerville MA 02145

Agent

Name: Vivian Nelson

Office

Name: RE/MAX Real Estate Center

Phone: 508-543-3922

Payment Calculator

, Interest

Property Taxes 923.58

Principal & Interest 8312.11

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Real Estate Center

Vivian Nelson

Agent Phone

Office Phone

(508) 543-3922

Text Agent Call Agent Call Office

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EXIT

10 More Photos

Canceled

58 Main St, Somerville MA 02145

$1,349,000

Annual Expenses for 58 Main St, Somerville MA 02145

Annual Income & Unit Breakdown for 58 Main St, Somerville MA 02145

General Information for 58 Main St, Somerville MA 02145

Disclosures for 58 Main St, Somerville MA 02145

Financial Information for 58 Main St, Somerville MA 02145

Location Information for 58 Main St, Somerville MA 02145

Contact Information for 58 Main St, Somerville MA 02145

Agent

Office

Payment Calculator

Exclusive Listing Agent

RE/MAX Real Estate Center

Vivian Nelson