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Closed

40 Temple St, Somerville MA 02145

$1,260,000

Estimated $3,010.75/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $420,000

Total Rent: 0/year

Estimated CAP Rate: -0.92%

9 Bedrooms

3 Full Baths

3,354 SqFt

Total Parking: 0

2,870 SqFt

Contractors & Investors. Multi-family in highly sought after Somerville neighborhood. Property offers many updated finishes on 2nd & 3rd floor including high end bathrooms, kitchens and appliances along with views of Boston skyline. 1st floor needs work. Property has excellent potential for high end rents or condo conversion. Condo docs partially completed shall transfer in "as is" form. Ideal for commuters: close to green line; minutes from Boston & Encore Casino. Property will be highly profitable to the right investor who's willing to take a little time completing the finishing touches. Don't miss out - this is a hot investment!

This home has been viewed 34 times

Last Checked: May 7th, 2024 at 5:36am (Source: MLS PIN #73094123)

Gross Income: $0

Gross Expenses: $11,612

Net Income Calc: $11,612

CAP Rate: -0.92%

Annual Expenses for 40 Temple St, Somerville MA 02145

Total Gross Expenses (Calculated)$11,612/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$11,612

Annual Income & Unit Breakdown for 40 Temple St, Somerville MA 02145

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit3

HeatingNo

Rent Includes

General Information for 40 Temple St, Somerville MA 02145

Listing ID73094123

Property TypeMulti Family / 3 Family

Price$1,260,000 ($375.67/SqFt)

Style3 Family

CitySomerville

CountyMiddlesex

MLS AreaWinter Hill

Neighborhood(s)

Approximate Living Area Total3,354 SqFt

Approximate Lot Size (Acres)0.07 acres

Total Parking0

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsUnknown/Mixed

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRB

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 40 Temple St, Somerville MA 02145

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 Compensation2.5

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 40 Temple St, Somerville MA 02145

Real Estate Taxes$11,612

Tax Year2023

Assessed Value$1,123,000

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)-0.92%

Location Information for 40 Temple St, Somerville MA 02145

Elementary School

Middle School

High SchoolSomerville High

Neighborhood(s)

MLS AreaWinter Hill

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Laundromat, Public Transportation, T-station

Contact Information for 40 Temple St, Somerville MA 02145

Agent

Name: Terrence Slater

Office

Name: Slater Realty

Phone: 617-549-2308

Team Members

Payment Calculator

, Interest

Property Taxes 967.67

Principal & Interest 7763.72

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Slater Realty

Terrence Slater

Agent Phone

Office Phone

(617) 549-2308

Text Agent Call Agent Call Office

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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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[terms] => Array
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    [title_5] => 
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    [trash_expense] => Array
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[uffi] => Array
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[water] => Array
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)

EXIT

Closed

40 Temple St, Somerville MA 02145

$1,260,000

Annual Expenses for 40 Temple St, Somerville MA 02145

Annual Income & Unit Breakdown for 40 Temple St, Somerville MA 02145

General Information for 40 Temple St, Somerville MA 02145

Disclosures for 40 Temple St, Somerville MA 02145

Financial Information for 40 Temple St, Somerville MA 02145

Location Information for 40 Temple St, Somerville MA 02145

Contact Information for 40 Temple St, Somerville MA 02145

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Slater Realty

Terrence Slater