Address
152 Cross Street, Somerville, MA
Price
$ 2,200,000
Property Attributes
  • MLS#73223072
  • TypeMulti-Family
  • CountyMIDDLESEX
  • CitySomerville
  • Zip02145
  • Style5-9 Family
  • Year Built1900
  • Taxes$ 13618
  • Price$ 2,200,000
  • Bedrooms9
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage5467
  • Lot Size2,178 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Attention Investors and Developers. Welcome to 152 Cross St, Somerville - a meticulously maintained 6-unit building nestled in the heart of one of Somerville's most desirable neighborhoods. Conveniently located just steps away from shops, restaurants, parks, and public transportation, 152 Cross St offers the perfect blend of suburban tranquility and urban convenience. Don't miss your chance to purchase this property which offers great CASH FLOW! The property has many updates including all newer water heaters, 4 newer heating systems, and a BRAND NEW ROOF. All units are tenants at will.

Price History
4/11/2024 Listed $2,200,000

General Features

Interior Features Living Room,Kitchen
Sewer Public Sewer
Heating Forced Air,Natural Gas
Roof Shingle
Zoning BB
Construction Materials Frame
Year Built 1900
Electric 200+ Amp Service
Property SubType 5-9 Family
Tax Year 2024
Gross Income 126000
Community Features Public Transportation,Shopping,Park,Medical Facility,Laundromat,Highway Access,House of Worship,Public School,T-Station,Sidewalks
County Middlesex
Net Operating Income 92372
Operating Expense 33628
Insurance Expense 5938
Property Type Residential Income
Garage Y/N No
Rent Includes Unit 1(Water),Unit 2(Water),Unit 3(Water),Unit 4(Water)
Total Rooms 24
Status Active
Directions Please use GPS
City Somerville
Senior Community Y/N No
Total Units 6
Lot Size Square Feet 2271
Waterfront Y/N No
Street Name Cross Street
Year Built Details Approximate
Tax Annual Amount 13618
Electric Expense 997
Home Warranty Y/N No
Water Sewer Expense 13510
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 1294500
Tax Lot 1
Total Actual Rent 10500
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full
Total Stories 10
Heating Y/N Yes
Window Features Insulated Windows
Fireplace Y/N No
Full Baths 6
Total Bedrooms 9
Total Baths 6

Exterior Features

Parking Features On Street
Lot Features Corner Lot
Water Source Public
Lot Size Area 0.05
Foundation Details Concrete Perimeter,Stone
Spa No
Building Area Total 5467
Lot Size Acres 0.05
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type Public
Road Responsibility Public Maintained Road
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 02145

Price
AVG $1.82M
$2.2M
Taxes
AVG $12,438
$13,618
Visits
AVG 329
103
Data Provided by Inside Real Estate®
Year Built
AVG 1902
1900

Areas We Cover