DEVELOPERS CONTRACTORS INVESTORS! Turnkey development project to be DELIVERED APPROVED. Full set of plans available for your review. Provides SOLID ROI in desirable family neighborhood next to smokin’ hot ASSEMBLY ROW. Demand remains high for Somerville SINGLE FAMILY ALTERNATIVES. Build 2 LUXURY UNITS with AMAZING FLOOR PLANS and mansard appeal. 4BR/4BA each. 5,632SF of mostly new construction. Estimated sellout of $3M+. (Nearby smaller units sold for $1.4M each, see 16B Evergreen Ave & 23 Jaques Street U2. Units of this size have sold for over $1.7M+.) Permit set completed by the best of the best. Removal permit in hand. Interior gutted. Gas disconnected. For end buyers, this is the best of both worlds. 4 blocks to Mystic River path safely leading directly to Assembly Row, Orange Line, Waterfront Trails & Playground, and Station Landing. 1 block away from Grimmons Park. Easily accessible to Somerville squares, Boston/Cambridge/Medford, and major highways.
This home has been viewed 29 times
Last Checked: May 7th, 2024 at 5:11am (Source: MLS PIN #73078013)
Gross Income: $0
Gross Expenses: $7,129
Net Income Calc: $7,129
CAP Rate: -0.57%
Beach Front
Annual Expenses for 39 Governor Winthrop Rd, Somerville MA 02145
Total Gross Expenses (Calculated)$7,129/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,129
Annual Income & Unit Breakdown for 39 Governor Winthrop Rd, Somerville MA 02145
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms4 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms4 Full, 1 Half
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 39 Governor Winthrop Rd, Somerville MA 02145
Listing ID73078013
Property TypeMulti Family
Price$1,249,000 ($221.77/SqFt)
StyleMulti Family
CitySomerville
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total5,632 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking2
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningRA
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesWalk To, Beach Front, 1/10 To 3/10 To Beach, Beach Ownership(public)
Energy Features
Terms
Disclosures for 39 Governor Winthrop Rd, Somerville MA 02145
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area DisclosureInterior gutted. Selling as development opportunit
Building Area SourceMeasured
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 OwnerEntry Only
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 39 Governor Winthrop Rd, Somerville MA 02145
Real Estate Taxes$7,129
Tax Year2022
Assessed Value$700,300
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)-0.57%
Location Information for 39 Governor Winthrop Rd, Somerville MA 02145
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station
Contact Information for 39 Governor Winthrop Rd, Somerville MA 02145