$1,850,000
220 Summer St
Somerville, MA, 02143
Group showing: 1-2PM, Sun, 8/25/24. Opportunity knocks! Exceptional three-family residence situated within 1 mile to Porter Sq, David Sq, Union Sq and Magoun Sq, as well as Harvard U. and Lesley U. This newly renovated three-family property offers a compelling opportunity for investors seeking stable, long-term returns, or condo conversion, or a buyer looking for an owner-occupied three-family to live in while generating income to put towards your mortgage. The expansive first unit features three generously sized bedrooms and two full baths. Second unit comes with three bedrooms and a full bath. Third unit offers two bedrooms and one bathroom. Both unit 1 and 2 have a back porch. The spacious driveway can fit three cars. All units already renewed the leases: Unit#1/$3700 per month; Unit#2/$3300 per month; Unit#3/$2900 per month. High ceiling of the full size basement and all units provides perfect opportunity to developers. Pls come and check it out. Don’t miss out the opportunity
Property Details
Price:
$1,850,000
MLS #:
73280900
Status:
Pending
Beds:
8
Baths:
4
Address:
220 Summer St
Type:
Multi Family
Subtype:
3 Family
City:
Somerville
Listed Date:
Aug 22, 2024
State:
MA
Finished Sq Ft:
3,376
Total Sq Ft:
3,376
ZIP:
02143
Lot Size:
3,049 sqft / 0.07 acres (approx)
Year Built:
1886
Units:
3
Schools
Interior
Appliances
Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
Bathrooms
4 Full Bathrooms
Fireplaces Total
2
Flooring
Tile, Vinyl, Hardwood
Heating
Forced Air, Natural Gas, Oil
Laundry Features
Electric Dryer Hookup, Washer Hookup
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Bike Path, Highway Access, Public School, T- Station, University
Construction Materials
Frame, Stone, Post & Beam
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Off Street, Tandem, On Street, Paved
Parking Spots
3
Roof
Shingle
Financial
Tax Year
2024
Taxes
$12,409
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 – Cambridge. 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.
220 Summer St
Somerville, MA
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