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16 Crescent St

Somerville, MA 02145
$1,500,000
8 Beds
5 Baths
3,585 Living Area
  • Property Description
    The Property consists of a fully-leased, two-story building with three residential units consisting of one duplex 4-Bedroom/2-Bathroom unit, one 2-Bedroom/2-Bathroom unit, and one 2-bedroom/1 bathroom unit. 16 Crescent Street is a turn-key Property with condo quality finishes. Units 16-1 and 16-2 feature new luxury vinyl plank flooring throughout, new kitchens with new cabinetry, quartz countertops, stainless steel appliances and new bathrooms with modern amenities. Unit 14 is a direct entry, duplex style unit featuring modern style finishes with new hardwood flooring. All units feature forced hot air heating systems as well as central air conditioning. The building is separately metered for heat, hot water and electricity which the tenants pay directly. The Property also features an on site laundry facility as well as a large backyard for tenants. The Property offers the rare opportunity to acquire an exceptionally well-located, fully renovated asset.
  • Highlights
    • Parking Spots: 1
    • Property Type: 3 Family
    • Year Built: 1900
    • Property Class: Residential Income
    • Total Rooms: 14
    • Status: Closed
  • Additional Details
    • Foundation: Stone, Brick/Mortar
    • Road Frontage Type: Public
    • Total Number of Units: 3
    • Year Built Source: Public Records
    • Lot Features: Other
    • Roof: Shingle
    • Year Built Details: Approximate
    • Zoning: Nr
  • Amenities
    • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Utilities
    • Electric: Individually Metered
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $1,303,200
    • Compensation Based On: Net Sale Price
    • Tax Year: 2024
    • Total Rent: $9,650
    • Buyer Agent Compensation: 2%
    • Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
    • Taxes: $13,710

Location

16 Crescent St, Somerville, MA 02145

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Horvath & Tremblay. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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