Excellent opportunity for a project in Somerville, on the edge of the booming Inner Belt neighborhood. .3 miles to East Somerville Station (green Line) , close to East Cambridge, and Boston, this ZBA approved three unit condo building has ample opportunity for a developer or even a group of end users looking to build their own community with instant equity at the end. The lower unit will offer 3 bedrooms, 2.5 baths, the middle unit 3 beds, 2 baths, and the upper unit will be 3 beds, 2.5 baths plus a roof deck. Two garage spaces plus bike storage. Reach out for plans and more info.
This home has been viewed 49 times
Last Checked: November 7th, 2024 at 5:19am (Source: MLS PIN #73277152)
Gross Income: $0
Gross Expenses: $12,096
Net Income Calc: $12,096
CAP Rate: -1.24%
Annual Expenses for 142 Cross St, Somerville MA 02145
Total Gross Expenses (Calculated)$12,096/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$12,096
Annual Income & Unit Breakdown for 142 Cross St, Somerville MA 02145
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit2
HeatingNo
Rent IncludesNo
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent IncludesNo
Unit 3
Rental Income$0
Lease
Bedrooms3
Bathrooms2 Full, 1 Half
Floor3
Levels in Unit1
HeatingNo
Rent IncludesNo
General Information for 142 Cross St, Somerville MA 02145
Listing ID73277152
Property TypeMulti Family / 3 Family
Price$975,000 ($213.44/SqFt)
Style3 Family
CitySomerville
CountyMiddlesex
MLS AreaBrickbottom-Inner Belt
Neighborhood(s)
Approximate Living Area Total4,568 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking4 (2 Garage)
Garage Parking2 / Detached
Year Built2024
Year Built SourceBuilder
Year Renovated
Year Built DetailsTo Be Built
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsNo
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningBB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 142 Cross St, Somerville MA 02145
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureBuilding plans
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data SourceNo
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 Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 142 Cross St, Somerville MA 02145
Real Estate Taxes$12,096
Tax Year2024
Assessed Value$9,999
Financial Data SourceNo
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)-1.24%
Location Information for 142 Cross St, Somerville MA 02145
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaBrickbottom-Inner Belt
Area AmenitiesPublic Transportation
Contact Information for 142 Cross St, Somerville MA 02145