111 Washington St Somerville MA 02143 MLS #73334119

111 Washington St
Somerville, MA, 02143
$1,429,000
6 Beds
3 Baths
2,016 SqFt
0.07 Acres
$1,429,000
111 Washington St
Somerville, MA, 02143
Open House Feb 23, 2025
12:00 – 01:15
Calling all investors & developers; Prime Somerville investment opportunity in this transit-oriented location. The top floor was renovated in 21′, while the vacated unit was just refreshed and ready to fetch market rent. The building was extensively rehabbed 20 years ago including plumbing, electrical, insulation, siding roof, etc. This property sits within an MR-4 zoning overlay, allowing for Mixed-Use development, up to 4 stories, by right. This 2-family, sits across the street from the East Somerville GLX; couple that with Sullivan Sq, and it offers swift access to the City of Boston, making it an attractive add to your portfolio . Residents enjoy the convenience of the Community Bike Path; with easy access to several neighborhoods including Union Sq, Charlestown & Cambridge Crossing. Entertainment galore with Assembly Row & Encore Casino at your fingertips. With the flourishing life science activity, leverage the dynamic growth of Somerville & Cambridge. Ask agent for plans.

Property Details

Price:
$1,429,000
MLS #:
73334119
Status:
Active
Beds:
6
Baths:
3
Address:
111 Washington St
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Neighborhood:
East Somerville
City:
Somerville
Listed Date:
Feb 12, 2025
State:
MA
Finished Sq Ft:
2,016
Total Sq Ft:
2,016
ZIP:
02143
Lot Size:
3,217 sqft / 0.07 acres (approx)
Year Built:
1890
Units:
2

Schools

Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator
Bathrooms
3 Full Bathrooms
Flooring
Vinyl
Heating
Baseboard, Natural Gas

Exterior

Community Features
T- Station
Construction Materials
Frame
Parking Features
Off Street
Parking Spots
1
Roof
Shingle

Financial

Net Operating Income
$39,600
Tax Year
2024
Taxes
$8,403
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Courtesy of Coldwell Banker Realty – Back Bay. 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.
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111 Washington St
Somerville, MA