RARE OPOPRTUNITY for investors/builders to purchase two separately deeded properties together. Untap the potential of 20 Alston a 3 family; each unit is 1285 SF. The land on 10 Alston St. is a 2400 SF. lot offering highly sought-after, off-street parking w/ 2-bay garage & additional external parking. The location is ideal, within walking distance to either of the new GLX stations at Washington St or Union Sq. The MBTA stations provide convenient travel to Boston and Washington Street station will allow for an easy commute to Medford/Tufts University. Excellent Walkability score of 88, Public Transit score is excellent 76, and Biker’s Paradise score of 96. Located 1 mile from Union Sq,1.5 miles to Assembly Sq and 2 miles from Encore Casino. Convenient access to McGrath HW and I-95 N&S. This is a fantastic investment opportunity for rental income from both properties, condo conversion, or end user. Seller is willing to work w/buyer for Removal Permit. Properties will be delivered vacant
This home has been viewed 27 times
Last Checked: May 7th, 2024 at 3:55am (Source: MLS PIN #73020868)
Gross Income: $0
Gross Expenses: $10,194
Net Income Calc: $10,194
CAP Rate: -0.68%
Annual Expenses for 20 Alston St, Somerville MA 02143
Total Gross Expenses (Calculated)$10,194/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$10,194
Annual Income & Unit Breakdown for 20 Alston St, Somerville MA 02143
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent Includes
General Information for 20 Alston St, Somerville MA 02143
Listing ID73020868
Property TypeMulti Family / 3 Family
Price$1,495,000 ($387.81/SqFt)
Style3 Family - 3 Units Up/down
CitySomerville
CountyMiddlesex
MLS AreaEast Somerville
Neighborhood(s)
Approximate Living Area Total3,855 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking7 (2 Garage)
Garage Parking2 / Detached
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsBrick, Stone
Lot FeaturesLevel
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningB-B
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 20 Alston St, Somerville MA 02143
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation.5
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 20 Alston St, Somerville MA 02143
Real Estate Taxes$10,194
Tax Year2022
Assessed Value$1,001,400
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.68%
Location Information for 20 Alston St, Somerville MA 02143
Elementary SchoolCommunity K-8
Middle SchoolCommunity K-8
High SchoolSomerville High
Neighborhood(s)
MLS AreaEast Somerville
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Laundromat, Public Transportation, T-station, Private School, University, Sidewalks
Contact Information for 20 Alston St, Somerville MA 02143