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Closed

12 Linden Cir, Somerville MA 02143

$1,200,000

Estimated $2,866.21/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $400,000

Total Rent: 73800/year

Estimated CAP Rate: 5.23%

3 Bedrooms

3 Full Baths

2,550 SqFt

Total Parking: 1

2,880 SqFt

Are you in search of a 3-family house located in a private way in a desirable neighborhood? Approximately 9 minute walk to the Porter Square T Station. Many shops and restaurants in Porter Square. This one maybe the one for you! This needs some TLC, but offers an amazing opportunity for investors or first-time homebuyers to enter the real estate market. Great rental history! No warranties, guarantees or representations either expressed or implied by Seller or Broker/Agent. Fully occupied and first showing scheduled at Open House on Saturday, 4/29, at 11:00 AM to noon and Sunday, 4/30, at 1:00 PM to 2:00 PM. Offers, if any, due Tuesday, 5/2 by 2:00 PM. Pre-approval or proof of funds required with all offers.

This home has been viewed 29 times

Last Checked: May 7th, 2024 at 8:21am (Source: MLS PIN #73103704)

Gross Income: $73,800

Gross Expenses: $11,045

Net Income Calc: $62,755

CAP Rate: 5.23%

Annual Expenses for 12 Linden Cir, Somerville MA 02143

Total Gross Expenses (Calculated)$11,045/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$11,045

Annual Income & Unit Breakdown for 12 Linden Cir, Somerville MA 02143

Total Gross Income (Calculated)$73,800

Unit 1

Rental Income$2,150

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,900

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$2,100

Lease

Bedrooms1

Bathrooms1 Full

Floor

Levels in Unit

HeatingYes

Rent Includes

General Information for 12 Linden Cir, Somerville MA 02143

Listing ID73103704

Property TypeMulti Family / 3 Family

Price$1,200,000 ($470.59/SqFt)

Style3 Family

CitySomerville

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,550 SqFt

Approximate Lot Size (Acres)0.07 acres

Total Parking1

Garage Parking

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionIrregular

Accessible Features

Outdoor Space

ZoningRB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 12 Linden Cir, Somerville MA 02143

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$48,600

Total Net Income By Broker$48,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 12 Linden Cir, Somerville MA 02143

Real Estate Taxes$11,045

Tax Year2023

Assessed Value$1,068,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$48,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$48,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.23%

Location Information for 12 Linden Cir, Somerville MA 02143

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 12 Linden Cir, Somerville MA 02143

Agent

Name: Christ Papathanasiou

Office

Name: Action Real Estate Brokers, Inc.

Phone: 781-646-2800

Payment Calculator

, Interest

Property Taxes 920.42

Principal & Interest 7394.02

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Action Real Estate Brokers, Inc.

Christ Papathanasiou

Agent Phone

Office Phone

(781) 646-2800

Text Agent Call Agent Call Office

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EXIT

Closed

12 Linden Cir, Somerville MA 02143

$1,200,000

Annual Expenses for 12 Linden Cir, Somerville MA 02143

Annual Income & Unit Breakdown for 12 Linden Cir, Somerville MA 02143

General Information for 12 Linden Cir, Somerville MA 02143

Disclosures for 12 Linden Cir, Somerville MA 02143

Financial Information for 12 Linden Cir, Somerville MA 02143

Location Information for 12 Linden Cir, Somerville MA 02143

Contact Information for 12 Linden Cir, Somerville MA 02143

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Christ Papathanasiou