25 Temple St. Somerville MA 02145 MLS #73242793

25 Temple St.
Somerville, MA, 02145
$1,750,000
7 Beds
6 Baths
3,469 SqFt
0.08 Acres
$1,750,000
25 Temple St.
Somerville, MA, 02145
5-family investment opportunity in the heart of Winter Hill! 25-27 Temple St. is positioned in a transit-oriented pocket of Somerville, directly adjacent to the impending infill development on 299 Broadway (featuring 288 residential units, a pedestrian path and new public park). Just south of I-93 and 0.5 miles north of the Gilman Sq. T Stop (Green Line), the building offers five (5) residential units with very flexible floorplans, as well as an in-law suite and additional square footage on the ground level. Gas and electricity are separately metered for each unit, common laundry is located in the basement, and three (3) parking spaces are apportioned in the driveway along the right-hand-side of the property. Listed at a cumulative sum of just $350,000 per unit, end-users can harness an existing rent roll in an appreciating sector of the city, with the ability to augment unit configurations and heighten return over time.

Property Details

Price:
$1,750,000
MLS #:
73242793
Status:
Pending
Beds:
7
Baths:
6
Address:
25 Temple St.
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Neighborhood:
Winter Hill
City:
Somerville
Listed Date:
May 27, 2024
State:
MA
Finished Sq Ft:
3,469
Total Sq Ft:
3,469
ZIP:
02145
Lot Size:
3,670 sqft / 0.08 acres (approx)
Year Built:
1900
Units:
5

Schools

Interior

Bathrooms
6 Full Bathrooms
Flooring
Hardwood

Exterior

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/ Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T- Station, University, Sidewalks
Construction Materials
Frame
Parking Features
Off Street, Assigned, Paved
Parking Spots
3
Roof
Shingle

Financial

Net Operating Income
$100,200
Tax Year
2024
Taxes
$13,169
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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 Coelho Realty Group 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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25 Temple St.
Somerville, MA