24 Spencer Ave Somerville MA 02144 MLS #73096604

24 Spencer Ave
Somerville, MA, 02144
$1,324,000
6 Beds
2 Baths
3,308 SqFt
0.08 Acres
$1,324,000
24 Spencer Ave
Somerville, MA, 02144
Don’t miss this lucrative opportunity for investors looking to convert Philly style 2 family into condos, rental investment or owner occupied with rents paying most of mortgage! Minutes to Davis & Porter Squares Red Line & Magoun Square Green Line MBTA stations. Highly desirable, large 3,308 sqft space, 6 beds, 2 baths on quiet, tree lined street. Unit 1 w/ 5 rooms, 2 beds, 1 bath. Unit 2 w/ 7 rooms, 4 beds, 1 bath. Both units feature spacious living rooms, dining rooms, kitchens w/ gas stoves, dishwashers & laundry in units. Large bedrooms w/ walk-in closets. High ceilings, hardwood floors, dentil molding & extensive storage in large closets. Private decks & fenced back yard. Shared walk out basement. Separate heating & electrical. Newer roof, gas furnace 2nd flr, hot water heaters, insulation & many appliances. Care free vinyl siding. Tenants pay $4K/ TAW. Easy commute to Tufts Univ & Boston. Walk to restaurants, parks, walking/biking path. Off street parking 5 cars

Property Details

Price:
$1,324,000
MLS #:
73096604
Status:
Closed ((Jun 13, 2023))
Beds:
6
Baths:
2
Address:
24 Spencer Ave
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Somerville
Listed Date:
Apr 10, 2023
State:
MA
Finished Sq Ft:
3,308
ZIP:
02144
Lot Size:
3,437 sqft / 0.08 acres (approx)
Year Built:
1900

Schools

Elementary School:
Kennedy
Middle School:
Kennedy
High School:
Somerville High

Interior

Appliances
Unit 1( Range, Dishwasher, Refrigerator, Washer, Dryer), Unit 2( Wall Oven, Dishwasher, Microwave, Countertop Range, Refrigerator, Washer, Dryer), Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range
Bathrooms
2 Full Bathrooms
Flooring
Wood, Tile, Unit 1(undefined), Unit 2( Wood Flooring)
Heating
Unit 1( Central Heat, Gas), Unit 2( Central Heat, Gas)
Laundry Features
Unit 1 Laundry Room

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T- Station, University, Sidewalks
Construction Materials
Frame, Stone
Exterior Features
Rain Gutters, Unit 1 Balcony/ Deck, Unit 2 Balcony/ Deck
Parking Features
Paved Drive, Off Street, Paved
Roof
Shingle

Financial

Buyer Agent Compensation
2.5%
Net Operating Income
$48,000
Tax Year
2023
Taxes
$14,350
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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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24 Spencer Ave
Somerville, MA