16 Electric Avenue Somerville MA 02144 MLS #73218272

16 Electric Avenue
Somerville, MA, 02144
$1,500,000
6 Beds
2 Baths
3,113 SqFt
0.07 Acres
$1,500,000
16 Electric Avenue
Somerville, MA, 02144
-Located in the heart of Somerville, this stunning Multi-Family Home offers an exceptional investment opportunity in a prime location. With over 3,100 square feet of living space, this property is truly a gem. One of the most enticing features of this property is its perfect location. Situated on Electric Avenue, you’ll find yourself just steps away from Davis Square, Ball Square, Tufts University, Teele Square, and the Red and Green Line T Stops. In addition to its superb location, this property offers fantastic amenities and features. With 6+ bedrooms (Possibility to convert to 9 Bedrooms), and 2.5 bathrooms, there is ample space for everyone. Beautiful hardwood flooring, a washer and dryer in unit for added convenience. Step outside onto the back deck, and enjoy the beautiful views of Boston Skylights. With a driveway that can accommodate up to 2 cars, parking will never be an issue for you or your guests. this property presents a fantastic investment opportunity.

Property Details

Price:
$1,500,000
MLS #:
73218272
Status:
Pending
Beds:
6
Baths:
2
Address:
16 Electric Avenue
Type:
Multi Family
City:
Somerville
Listed Date:
Apr 1, 2024
State:
MA
Finished Sq Ft:
3,113
ZIP:
02144
Lot Size:
3,150 sqft / 0.07 acres (approx)
Year Built:
1900

Schools

Interior

Bathrooms
2 Full Bathrooms, 1 Half Bathroom

Exterior

Parking Features
Paved Drive
Parking Spots
2

Financial

Buyer Agent Compensation
2%
Net Operating Income
$73,800
Tax Year
2024
Taxes
$13,780
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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 Best Boston Realty, LLC. 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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16 Electric Avenue
Somerville, MA