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Closed

37 Warner St, Somerville MA 02144

$1,100,000

Estimated $2,809.31/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $550,000

Total Rent: 0/year

Estimated CAP Rate: -1.12%

7 Bedrooms

3 Full Baths

3,490 SqFt

Total Parking: 0

4,065 SqFt

Attention condo developers, investors, and owners looking for income. Spacious Philly style 2 family with 3,490 square feet, 14 rooms w/ 7 bedrooms, 3 bathrooms on a corner lot. Ideally located 1 block to Tufts University, 0.3 mi. to the new Ball Sq. Green Line T stop and 0.5 mi to Davis Sq. Close to numerous amenities including Powder House Park, the newly extended Bike Path, the Red Line T, Somerville Theatre, and numerous shops, restaurants, and cafes. Layout is ideal for potential condo conversion. Property needs TLC, but has high ceilings, large rooms, hardwood floors, original detail, and gas forced air heat. Family owned and occupied (property has not been tenanted for several years). Delivered vacant. Offers due, Tuesday, 7/18 @ 2 p.m. Make offer good for 24 hrs.

This home has been viewed 24 times

Last Checked: May 7th, 2024 at 12:26pm (Source: MLS PIN #73135574)

Gross Income: $0

Gross Expenses: $12,308

Net Income Calc: $12,308

CAP Rate: -1.12%

Annual Expenses for 37 Warner St, Somerville MA 02144

Total Gross Expenses (Calculated)$12,308/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$12,308

Annual Income & Unit Breakdown for 37 Warner St, Somerville MA 02144

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 37 Warner St, Somerville MA 02144

Listing ID73135574

Property TypeMulti Family

Price$1,100,000 ($315.19/SqFt)

StyleMulti Family

CitySomerville

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,490 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking0

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningNR

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 37 Warner St, Somerville MA 02144

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 Compensation2.5

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 37 Warner St, Somerville MA 02144

Real Estate Taxes$12,308

Tax Year2024

Assessed Value$1,190,300

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)-1.12%

Location Information for 37 Warner St, Somerville MA 02144

Elementary School

Middle School

High SchoolSomerville High

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Public School, Bike Path, Public Transportation, T-station, University

Contact Information for 37 Warner St, Somerville MA 02144

Agent

Name: Ed Abrams

Office

Name: RE/MAX Destiny

Phone: 617-576-3800

Team Members

Name: Elisee Labrecque

Phone: 617-921-0356

Payment Calculator

, Interest

Property Taxes 1025.67

Principal & Interest 6777.85

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Destiny

Ed Abrams

Agent Phone

Office Phone

(617) 576-3800

Text Agent Call Agent Call Office

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[year_built] => 1900
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                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73135574&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
                    [created] => 2024-05-07 12:26:08
                    [modified] => 2024-05-07 12:26:08
                )

)

)

EXIT