Price Reduction
Address
38 Fairmount Avenue, Somerville, MA
Price
$ 1,499,000
Property Attributes
- MLS#73230968
- TypeMulti-Family
- CountyMIDDLESEX
- CitySomerville
- Zip02144
- StyleMulti Family
- Year Built1910
- Taxes$ 9883
- Price$ 1,499,000
- Bedrooms7
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3442
- Lot Size0.08 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Desirable West Somerville location! In the heart of Teele Square, walking distance to Tufts University and Davis Square red line. Great investment opportunity! Second floor unit boasts five spacious bedrooms, with potential for a sixth, a total of 8 rooms and 2 full baths. First floor unit contains two additional bedrooms, 5 rooms total, one full bath and a bonus sunporch. A large and dry basement, as well as, coveted off-street parking for multiple vehicles and a quaint patio backyard. Each unit includes laundry and separate private entrances. Don’t miss this opportunity, schedule your private viewing today!
| Price History | |
|---|---|
| 5/1/2024 | Listed $1,650,000 |
| 5/28/2024 | 10% - $1,499,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Roof | Slate |
| Zoning | NR |
| Construction Materials | Frame,Brick |
| Exclusions | Stone Planter In The Right Corner Of The Property As Well As The Rose Bush In The Front Of Unit 38 |
| Year Built | 1910 |
| Property SubType | Multi Family |
| Tax Year | 2024 |
| Gross Income | 70800 |
| Community Features | Public Transportation,Shopping,Walk/Jog Trails,Bike Path,Highway Access,Public School |
| County | Middlesex |
| Net Operating Income | 70800 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Total Rooms | 14 |
| Status | Active |
| Directions | Broadway to Dickson to Fairmount |
| City | Somerville |
| Disclosures | Please refer to Seller Information Sheet. Rent for top floor is under market. |
| Senior Community Y/N | No |
| NumberOfUnitsTotal | 2 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 3484 |
| Waterfront Y/N | No |
| Street Name | Fairmount Avenue |
| Year Built Details | Approximate |
| Tax Annual Amount | 9883.32 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 1312400 |
| Tax Lot | 2 |
| Total Actual Rent | 5900 |
| Compensation Based On | Gross/Full Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full,Finished |
|---|---|
| Flooring | Hardwood |
| Total Stories | 3 |
| Fireplace Y/N | No |
| Full Baths | 3 |
| Total Bedrooms | 7 |
| Total Baths | 3 |
Exterior Features
| Parking Features | Paved Drive,Off Street,Tandem |
|---|---|
| Water Source | Public |
| Total Parking | 2 |
| Lot Size Area | 0.08 |
| Foundation Details | Stone |
| Spa | No |
| Building Area Total | 3442 |
| Lot Size Acres | 0.08 |
| Road Frontage Type | Public |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 02144
Price
Taxes
Visits
Year Built
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IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.
