172-174 Park St
$1,249,000
12
Beds
4
Baths
5,023
Sqft
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$1,249,000
12
Beds
4
Baths
5,023
Living Area
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Property Description
Owner-occupants and investors take notice! This well-maintained legal 4-family offers four spacious 5room/3-bedroom apartments, with the owner’s unit to be delivered vacant at closing—a rare opportunity to move right in or lease at market rent. Extensively updated through 2010, the property features a full building sprinkler system, separately metered gas and electric utilities, replacement windows, and low-maintenance vinyl siding. Additional amenities include coin-operated laundry, dedicated tenant storage, a one-car garage with 8+ more off-street parking spots, storage shed, fenced yard with fruit trees & garden area. Strong in-place rental income with all three currently tenanted units being Tenants At Will. Plenty of flexibility for future occupancy or rental adjustments. This is an excellent opportunity for both owner-occupants and investors seeking a well-maintained income property.
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Highlights
- Heating: Steam, Natural Gas
- Parking Spots: 11
- Property Type: 4 Family
- Total Rooms: 22
- Status: Active
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1910
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Additional Details
- Appliances: Range, Microwave, Refrigerator
- Exterior Features: Sprinkler System, Fruit Trees, Garden
- Interior Features: Laundry Room
- Roof: Rubber
- Total Number of Units: 4
- Year Built Source: Public Records
- Exclusions: Coin Op Washer And Dryer In Basement To Remain.
- Foundation: Concrete Perimeter, Stone
- Lot Features: Level
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: B1
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Amenities
- Covered Parking Spaces: 1
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $857,000
- Tax Year: 2026
- Total Rent: $8,800
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $7,404
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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 Realty Direct Somerville.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.