Multi-Family for Sale: 84-86-86R Cross St, Somerville, MA 02145

8 beds
4,660 sqft
$2,779,900
$2,779,900
84-86-86R Cross St, Somerville, MA 02145
8 beds
4,660 sqft
$2,779,900
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Price:
$2,779,900
$200,000 - 04/19/2024

Type Multi-Family
Beds 8
Square Feet 4,660 sqft
Lot Size 0.14 acres
Year Built 1900

City Somerville
County Middlesex

MLS 73218290
Status Active
DOM 266 days
SIX TOTAL UNITS...EXTENSIVELY RENOVATED FOUR FAMILY AND TWO FAMILY PACKAGE IN PRISTINE CONDITION... UNDER HALF MILE TO NEW GREEN LINE AND JUST OVER HALF MILE TO ORANGE LINE. This Two Property Package INCLUDES SIX TOTAL UNITS IN A FOUR FAMILY AND TWO FAMILY ON SAME LOT. Four out of 6 units have been gut renovated to the studs with granite counter kitchens and new appliances. Updated roof, electric, hot water tanks and roof. Gross Monthly Rent is $13,300/ Gross Annual $159,600 (does not include 4 coin op washer & dryers). All unit utilities are separate. RENTS ARE SUBSTANTIALLY UNDER MARKET and rent roll can be increased significantly. Off street parking with TWO DRIVEWAYS. Perfect candidate for future condo conversion given extensive recent renovation to the property or a great 1031 Tax Deferred Exchange candidate. FANTASTIC LOCATION. Rated a Walker's Paradise Walk Score of 90. Rated a Rider's Paradise Transportation Score of 90 and a Very Bikeable Bike Score of 85l

Lot & Building Features

Sewer Public Sewer
Tax Year 2023
Taxes Paid $16,818
Water Public
Foundation Stone
Parking Off Street, Paved Drive
Total Rooms 19
Basement Feature Full
Garage Spaces 0

Price History of 84-86-86R Cross St, Somerville, MA

Date Name Price Difference
04/19/2024 Price Adjustment $2,779,900 6.71%
04/01/2024 Listing Price $2,979,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 84-86-86R Cross St, Somerville, MA

Location Map Street View
Photo of Kevin Garrabrant
Direct: 603-333-3353
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by Steve Bremis Realty Group, The Steve Bremis Team
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84-86-86R Cross St (MLS #73218290) is a multi-family listing located in Somerville, MA. This multi-family listing is 4,660 sqft and on a lot of 6,098 sqft (or 0.14 acres) and is 124 years old. This property was listed on 04/01/2024 and has been priced for sale at $2,779,900.

Nearby zip codes are 02129, 02139, 02141, 02143 and 02144. This property neighbors other cities such as Boston, Cambridge and Medford.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Steve Bremis Realty Group

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.