Overview Property Details Payment Calculator Walkability

Expired

109 & 109R Beacon Street, Somerville MA 02143

$2,000,000

Estimated $4,644.74/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $500,000

Total Rent: 138000/year

Estimated CAP Rate: 6.06%

7 Bedrooms

5 Full Baths

3,646 SqFt

Total Parking: 3

3,550 SqFt

This is an amazing opportunity to own Four well kept units in Inman Square . located on Harvard University Campus- The rent roll is $11,600 per month. This offering is two 2 family properties on one lot. 109 Beacon street: Unit 1 is a duplex 2 bedroom/1 bathroom unit with...

This home has been viewed 11 times

Last Checked: May 7th, 2024 at 6:31am (Source: MLS PIN #73101026)

Gross Income: $138,000

Gross Expenses: $16,821

Net Income Calc: $121,179

CAP Rate: 6.06%

Annual Expenses for 109 & 109R Beacon Street, Somerville MA 02143

Total Gross Expenses (Calculated)$16,821/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$16,821

Annual Income & Unit Breakdown for 109 & 109R Beacon Street, Somerville MA 02143

Total Gross Income (Calculated)$138,000

Unit 1

Rental Income$3,050

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$3,500

LeaseY

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

Unit 3

Rental Income$2,250

LeaseY

Bedrooms1

Bathrooms1 Full

Floor

Levels in Unit

HeatingNo

Rent Includes

Unit 4

Rental Income$2,700

LeaseY

Bedrooms1

Bathrooms1 Full

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 109 & 109R Beacon Street, Somerville MA 02143

Listing ID73101026

Property TypeMulti Family / 4 Family

Price$2,000,000 ($548.55/SqFt)

Style4 Family

CitySomerville

CountyMiddlesex

MLS AreaInman Square

Neighborhood(s)

Approximate Living Area Total3,646 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking3

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate,Unknown/Mixed

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesOther

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningNB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 109 & 109R Beacon Street, Somerville MA 02143

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure109 Beacon St.: 2,336 sqft living area and 109R Be

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$139,800

Total Net Income By Broker$138,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 109 & 109R Beacon Street, Somerville MA 02143

Real Estate Taxes$16,821

Tax Year2023

Assessed Value$1,626,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$139,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$138,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.06%

Location Information for 109 & 109R Beacon Street, Somerville MA 02143

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaInman Square

Area AmenitiesHouse Of Worship, Public School, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, University, Other

Contact Information for 109 & 109R Beacon Street, Somerville MA 02143

Agent

Name: Nelson Otuechere

MLS ID: CT009255

Office ID: AN6051

Address: 20 Moraine Street #6

City: Belmont

State: MA

Zip: 02478

Office

Name: NCO Realty Group Inc.

MLS Office ID: AN6051

Phone: 857-383-0328

Team Members

Payment Calculator

$13,725.11 per month

30 Years Fixed, 6.75% Interest

Property Taxes $1,401.75

Principal & Interest $12,323.36

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

NCO Realty Group Inc.

Nelson Otuechere

Agent Phone

Office Phone

(857) 383-0328

Text Agent Call Agent Call Office

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EXIT

Expired

109 & 109R Beacon Street, Somerville MA 02143

$2,000,000

Annual Expenses for 109 & 109R Beacon Street, Somerville MA 02143

Annual Income & Unit Breakdown for 109 & 109R Beacon Street, Somerville MA 02143

General Information for 109 & 109R Beacon Street, Somerville MA 02143

Disclosures for 109 & 109R Beacon Street, Somerville MA 02143

Financial Information for 109 & 109R Beacon Street, Somerville MA 02143

Location Information for 109 & 109R Beacon Street, Somerville MA 02143

Contact Information for 109 & 109R Beacon Street, Somerville MA 02143

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Exclusive Listing Agent

NCO Realty Group Inc.

Nelson Otuechere