5-7 Cottage Avenue Somerville MA 02144 MLS #73229155

5-7 Cottage Avenue
Somerville, MA, 02144
$1,895,000
3 Beds
3 Baths
3,007 SqFt
0.08 Acres
$1,895,000
5-7 Cottage Avenue
Somerville, MA, 02144
Lovely 3-family with 2-bay garage and double-wide driveway on a pretty residential street in prime Davis Sq. location. Excellent rental history. Notable features include updated kitchen in Unit 1; updated kitchen in Unit 2 w/gas cooktop, separate oven, vent hood, butcher block counters, ss appliances; w/d and wood burning fp in Unit 2; recently rebuilt front and rear porches; shared bsmt w/d for Units 1 and 3; large windows; hardwood floors; front and side garden/yard; rear patio. All 3 units are 1 bed/1 bath with leases thru 8/31/24; Unit 1 could be delivered vacant by July 1. Would also convert nicely to 2 units (see uploaded plans) or single family. Enjoy the many delights of Davis Sq. – shops, restaurants, nightlife, Red Line subway stop. Cottage Ave. is also walkable to the Porter Sq. Red Line and commuter rail stations, 2 new GLX stations, and to Ball, Magoun, and Teele Sqs. Easy commute by bike, foot, or public transit to Harvard, MIT, and Tufts; near major highways and airport.

Property Details

Price:
$1,895,000
MLS #:
73229155
Status:
Active
Beds:
3
Baths:
3
Address:
5-7 Cottage Avenue
Type:
Multi Family
Subtype:
3 Family
City:
Somerville
Listed Date:
Apr 25, 2024
State:
MA
Finished Sq Ft:
3,007
ZIP:
02144
Lot Size:
3,658 sqft / 0.08 acres (approx)
Year Built:
1920

Schools

Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator, Oven, Washer, Dryer, Range Hood
Bathrooms
3 Full Bathrooms
Fireplaces Total
1
Flooring
Wood, Tile, Carpet
Heating
Forced Air, Oil, Electric

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Bike Path, Conservation Area, Highway Access, T- Station, University
Exterior Features
Garden
Parking Features
Off Street, Paved
Parking Spots
2
Roof
Shingle

Financial

Buyer Agent Compensation
2.5%
Net Operating Income
$83,400
Tax Year
2024
Taxes
$15,393
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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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5-7 Cottage Avenue
Somerville, MA