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Closed

326 Lowell St, Somerville MA 02145

$895,000

Estimated $2,188.24/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $447,500

Total Rent: 0/year

Estimated CAP Rate: -0.99%

4 Bedrooms

2 Full, 1 Half Baths

2,368 SqFt

Total Parking: 0

7,660 SqFt

Amazing opportunity to own a two family house in need of some renovations,But in an excellent location only minutes from one of the new green line stops. This has one of the largest backyards in Somerville. Both units will be delivered vacant. This is a great way to build equity by doing some work and renovating this property. This is the opportunity you’ve been looking for to achieve ownership in the extremely hot Somerville market.

This home has been viewed 28 times

Last Checked: May 7th, 2024 at 7:21am (Source: MLS PIN #73100889)

Gross Income: $0

Gross Expenses: $8,844

Net Income Calc: $8,844

CAP Rate: -0.99%

Annual Expenses for 326 Lowell St, Somerville MA 02145

Total Gross Expenses (Calculated)$8,844/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,844

Annual Income & Unit Breakdown for 326 Lowell St, Somerville MA 02145

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 326 Lowell St, Somerville MA 02145

Listing ID73100889

Property TypeMulti Family

Price$895,000 ($377.96/SqFt)

StyleMulti Family

CitySomerville

CountyMiddlesex

MLS AreaMagoun Square

Neighborhood(s)

Approximate Living Area Total2,368 SqFt

Approximate Lot Size (Acres)0.18 acres

Total Parking0

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRA

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 326 Lowell 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 326 Lowell St, Somerville MA 02145

Real Estate Taxes$8,844

Tax Year2023

Assessed Value$855,300

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)-0.99%

Location Information for 326 Lowell St, Somerville MA 02145

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaMagoun Square

Area AmenitiesWalk/jog Trails, House Of Worship, Public School, Shopping, Medical Facility, Bike Path, Public Transportation, T-station, Private School, University

Contact Information for 326 Lowell St, Somerville MA 02145

Agent

Name: David Lilley

Office

Name: RE/MAX Destiny

Phone: 617-576-3800

Payment Calculator

, Interest

Property Taxes 737

Principal & Interest 5514.71

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Destiny

David Lilley

Agent Phone

Office Phone

(617) 576-3800

Text Agent Call Agent Call Office

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                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 07:21:23
                    [modified] => 2024-05-07 07:21:23
                )

[22] => Array
                (
                    [id] => 7557903
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73100889&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 07:21:23
                    [modified] => 2024-05-07 07:21:23
                )

)

)

EXIT