New Construction
Address
6-8-10-12 Liden St, Somerville, MA
Price
$ 4,000,000
Property Attributes
- MLS#73214061
- TypeMulti-Family
- CountyMIDDLESEX
- CitySomerville
- AreaInman Square
- Zip02143
- Style4 Family
- Price$ 4,000,000
- Bedrooms12
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage4592
- Lot Size4,356 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
A 4-unit new construction building with approximately a 7% cap rate on the invested money presents an excellent opportunity for investors or owner-occupiers seeking profit and long-term growth. It benefits from having condo documents in hand, leading to savings on property tax. Additionally, it can be sold as individual condominiums. Each unit features two levels, three bedrooms, and three baths. The house unit has a rooftop. It is conveniently located approximately 1.8 miles from Harvard Square Cambridge. The MBTA train station is just 0.3 miles away.it will be delivered with occupancy certificate.
| Elementary School | Middle School | High School |
|---|---|---|
| Kesher Elementary School | East Somerville Middle School | Somerville High School |
| Price History | |
|---|---|
| 3/19/2024 | Listed $4,000,000 |
General Features
| Interior Features | Bathroom With Tub & Shower,Open Floorplan,Living Room,Kitchen,Laundry Room,Office/Den,Stone/Granite/Solid Counters |
|---|---|
| Sewer | Public Sewer |
| Heating | Natural Gas |
| Cooling | Central Air |
| Utilities | for Gas Range |
| Roof | Shingle |
| Appliances | Range,Dishwasher,Disposal,Refrigerator |
| Exterior Features | Rain Gutters |
| Zoning | RB |
| Construction Materials | Frame |
| Year Built | 1900 |
| Electric | 220 Volts |
| Property SubType | 4 Family |
| Tax Year | 2024 |
| Gross Income | 264000 |
| Community Features | Public Transportation,Shopping,Park,Walk/Jog Trails,Laundromat,Bike Path,Highway Access,Public School,T-Station |
| County | Middlesex |
| Net Operating Income | 264000 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Rent Includes | Unit 1(None),Unit 2(None),Unit 3(None),Unit 4(None) |
| Total Rooms | 22 |
| Status | Active |
| Directions | Somerville Ave to Linden St. |
| High School | Somerville |
| City | Somerville |
| Disclosures | Buyer and Buyer agent to perform their own due diligence.All information provided could be subject to errors.Seller reserve right to accept an offer at anytime.Occupancy Certificate will be in hands |
| Senior Community Y/N | No |
| Total Units | 4 |
| MLS Area | Inman Square |
| Lot Size Square Feet | 4356 |
| Waterfront Y/N | No |
| Street Name | Liden St |
| Elementary School | Kesher |
| Year Built Details | Actual,Renovated Since |
| Home Warranty Y/N | No |
| Middle/Junior High School | East Somerville |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Total Actual Rent | 22000 |
| Compensation Based On | Gross/Full Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full,Finished,Walk-Out Access,Interior Entry |
|---|---|
| Flooring | Laminate,Hardwood,Stone/Ceramic Tile |
| Total Stories | 10 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Picture Window,Insulated Windows |
| Fireplace Y/N | No |
| Full Baths | 8 |
| Total Bedrooms | 12 |
| Total Baths | 8 |
Exterior Features
| Fencing | Fenced |
|---|---|
| Parking Features | Paved Drive,Off Street,On Street |
| Water Source | Public |
| Total Parking | 2 |
| Lot Size Area | 0.1 |
| Foundation Details | Concrete Perimeter |
| Spa | No |
| Building Area Total | 4592 |
| Lot Size Acres | 0.1 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Road Frontage Type | Public |
| Other Equipment | Intercom |
| 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 02143
Price
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.
