640 Mystic Ave Somerville MA 02145 MLS #73235507

640 Mystic Ave
Somerville, MA, 02145
$2,649,000
9 Beds
7.5 Baths
5,096 SqFt
0.09 Acres
$2,649,000
640 Mystic Ave
Somerville, MA, 02145
Open House Nov 24, 2024
11:30 – 01:00
INVESTORS-UNDER ASSESSED VALUE! Discover the best opportunity in Somerville at only $520 per square foot. This property includes 6 garage parking spaces and is perfect for a 1031 EXCHANGE OPPORTUNITY. Three custom-designed side by side townhouses, each with two garage spaces. An award-winning developer has crafted each home with a chef’s kitchen featuring Bertazzoni ranges, SS Appliances, and gleaming hardwood floors. The open-concept living room, dining room, and kitchen lead directly to a walk-out patio. On the second level, there are two bedrooms, laundry facilities, a full bathroom, and an office nook. The top floor boasts a spacious primary bedroom suite with two walk-in closets, a double vanity, and a spa-like walk-in shower. Each unit features a private balcony with unobstructed views of the Mystic River and Encore Casino. Constructed in 2018 with soundproofing and a FIRE SPRINKLER/ALARM system, Amenity Score 8.3 Walk Score 7.8 Park Score 9.8 Schools 9.8 Wellness 8.8.

Property Details

Price:
$2,649,000
MLS #:
73235507
Status:
Active
Beds:
9
Baths:
7.5
Address:
640 Mystic Ave
Type:
Multi Family
Subtype:
3 Family – 3 Units Side by Side
City:
Somerville
Listed Date:
May 9, 2024
State:
MA
Finished Sq Ft:
5,096
Total Sq Ft:
5,096
ZIP:
02145
Lot Size:
4,100 sqft / 0.09 acres (approx)
Year Built:
2017
Units:
3

Schools

Interior

Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Oven, Trash Compactor
Bathrooms
6 Full Bathrooms, 3 Half Bathrooms
Cooling
Central Air, Individual
Fireplaces Total
3
Flooring
Carpet, Hardwood
Heating
Central, Forced Air, Natural Gas, Individual

Exterior

Community Features
Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School, University
Parking Features
Assigned
Parking Spots
6

Financial

Net Operating Income
$153,000
Tax Year
2024
Taxes
$29,027
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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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