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37 Warner St, Somerville MA 02144

$1,100,000

Estimated $2,809/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $550,000

Total Rent: 0/year

Estimated CAP Rate:

7 Bedrooms

Baths

3490

Total Parking: 0

4,065 (0.09)

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 38 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

Water Views

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 Tax12308

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

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 37 Warner St, Somerville MA 02144

Listing ID73135574

Property TypeMulti Family

Price1100000 ($315.19/SqFt)

StyleMulti Family

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3490

Approximate Lot Size (Acres)0.09

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningNR

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 37 Warner St, Somerville MA 02144

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher/Dryer Negotiable

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 Compensation2.5

Facilitator Compensation2.5

Compensation Based OnNet Sale Price

Financial Information for 37 Warner St, Somerville MA 02144

Real Estate Taxes12308

Tax Year2024

Assessed Value$1,190,300

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 37 Warner St, Somerville MA 02144

High SchoolSomerville High

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 37 Warner St, Somerville MA 02144

Agent

Name: Ed Abrams

Office

Name: RE/MAX Destiny

Phone: 617-576-3800

Payment Calculator

, Interest

Property Taxes 1025.67

Principal & Interest 6777.85

HOA Dues

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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EXIT

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