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42 Liberty Avenue, Somerville MA 02144

$1,489,000

Estimated $3,753/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $496,333.33

Total Rent: 0/year

Estimated CAP Rate:

7 Bedrooms

Baths

4098

Total Parking: 0

4,098 (0.09)

Impressive three-family home overlooking Powderhouse Park. This classic home is located steps away from Ball Square Green Line station plus the vibrant lifestyle of Davis Square. Originally constructed as a single family, this home offers over 4000 square feet of living space. The first floor is a four-bedroom Philly style unit with two bedrooms positioned on the second level. Through a sprawling layout, this first unit also provides direct access to a full walk-out basement that has 10-foot-tall ceilings for possible expansion. The second floor one bedroom unit offers ample living space, a front portico and back deck. The third floor offers a two bedroom plus an additional large study (possible third bedroom!) and is complemented with full ceiling attic space for future unit expansion. Hardwood floors and original character throughout complete this one-of-a-kind multifamily home.

This home has been viewed 60 times

Last Checked: May 7th, 2024 at 5:31am (Source: MLS PIN #73092764)

Gross Income: $0

Gross Expenses: $16,064

Net Income Calc: $16,064

Annual Expenses for 42 Liberty Avenue, Somerville MA 02144

Total Gross Expenses (Calculated)$16,064/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax16064

Annual Income & Unit Breakdown for 42 Liberty Avenue, Somerville MA 02144

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 42 Liberty Avenue, Somerville MA 02144

Listing ID73092764

Property TypeMulti Family / 3 Family

Price1489000 ($363.35/SqFt)

Style3 Family - 3 Units Up/down

CitySomerville

CountyMiddlesex

MLS AreaPowderhouse

Neighborhood(s)

Approximate Living Area Total4098

Approximate Lot Size (Acres)0.09

Total Parking0

Garage Parking0

Year Built1905

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRA

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 42 Liberty Avenue, Somerville MA 02144

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSheds

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 Compensation1

Compensation Based OnGross/full Sale Price

Financial Information for 42 Liberty Avenue, Somerville MA 02144

Real Estate Taxes16064

Tax Year2023

Assessed Value$1,553,600

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 42 Liberty Avenue, Somerville MA 02144

Neighborhood(s)

MLS AreaPowderhouse

Area AmenitiesWalk/jog Trails

Contact Information for 42 Liberty Avenue, Somerville MA 02144

Agent

Name: The Team - Real Estate Advisors

Office

Name: Coldwell Banker Realty - Cambridge

Phone: 617-864-4430

Payment Calculator

, Interest

Property Taxes 1338.67

Principal & Interest 9174.74

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Cambridge

The Team - Real Estate Advisors

Agent Phone

Office Phone

(617) 864-4430

Text Agent Call Agent Call Office

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    [unparsed] => 42 Liberty Avenue, Somerville MA 02144
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EXIT

36 More Photos

Closed

42 Liberty Avenue, Somerville MA 02144

$1,489,000

Annual Expenses for 42 Liberty Avenue, Somerville MA 02144

Annual Income & Unit Breakdown for 42 Liberty Avenue, Somerville MA 02144

General Information for 42 Liberty Avenue, Somerville MA 02144

Disclosures for 42 Liberty Avenue, Somerville MA 02144

Financial Information for 42 Liberty Avenue, Somerville MA 02144

Location Information for 42 Liberty Avenue, Somerville MA 02144

Contact Information for 42 Liberty Avenue, Somerville MA 02144

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Cambridge

The Team - Real Estate Advisors