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109 & 109R Beacon Street, Somerville MA 02143

Expired

109 & 109R Beacon Street, Somerville MA 02143

$2,000,000

Estimated $4,645/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $500,000

Total Rent: 138000/year

Estimated CAP Rate:

7 Bedrooms

Baths

3646

Total Parking: 3

3,550 (0.08)

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 finished basement. Unit 2 is a duplex 3 bedroom/2 full bathroom unit. Both units have laundry in the unit. 109R Beacon Street: Unit 1 is a 1 bed/1 bathroom. Unit 2 is a 1 bedroom/1 bathroom loft. All four units are leased. Location is Less than half a 1 mile to Harvard University and 1 mile to Porter Square. Close to Shops, Restaurant and public transportation. Showings to start April 22nd 2023

This home has been viewed 52 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

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 Tax16821

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

Total Gross Income (Calculated)$138,000

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Rent Includes

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

Listing ID73101026

Property TypeMulti Family / 4 Family

Price2000000 ($548.55/SqFt)

Style4 Family

CitySomerville

CountyMiddlesex

MLS AreaInman Square

Neighborhood(s)

Approximate Living Area Total3646

Approximate Lot Size (Acres)0.08

Total Parking3

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate,Unknown/Mixed

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningNB

Water Views

Water Views Features

Waterfront Features

Terms

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

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.

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

Facilitator Compensation0

Compensation Based OnGross/full Sale Price

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

Real Estate Taxes16821

Tax Year2023

Assessed Value$1,626,800

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 109 & 109R Beacon Street, Somerville MA 02143

Neighborhood(s)

MLS AreaInman Square

Area AmenitiesWalk/jog Trails

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

Agent

Name: Nelson Otuechere

Office

Name: NCO Realty Group Inc.

Phone: 857-383-0328

Payment Calculator

, Interest

Property Taxes 1401.75

Principal & Interest 12323.36

HOA Dues

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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    [unparsed] => 109 & 109R Beacon Street, Somerville MA 02143
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EXIT

26 More Photos

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

Agent

Office

Payment Calculator

Exclusive Listing Agent

NCO Realty Group Inc.

Nelson Otuechere