$1,070,000
3
Beds
3
Baths
2,602
Living Area
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Property Description
Stunning, multifamily development opportunity! Discover a rare gem in the heart of Somerville! This charming two-family residence offers a unique blend of historic elegance and modern convenience, perfect for investors or multi-generational families. Unit 1 features 2 sizable bedrooms, 1 bathroom, high ceilings, and abundant natural light. Enjoy an updated kitchen with sleek countertops, a renovated bathroom and seamless floors throughout. Once renovated, unit 2 will generate substantial rental income as it's a potential 4 bedroom +. Take advantage of off-street parking and ample basement storage. Located minutes from Davis Square, Assembly Row, and the new Green Line extension, you'll have easy access to public transportation, top-rated restaurants, shopping, parks, and schools. With significant rental income potential and a prime location, this is a sound investment and a charming place to consider home. Schedule your private showing today and envision the possibilities!
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Highlights
- Cooling: Window Unit(s)
- Property Class: Residential Income
- Total Rooms: 9
- Status: Closed
- Parking Spots: 3
- Property Type: 2 Family - 2 Units Up/Down
- Year Built: 1900
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Additional Details
- Basement: Full, Concrete
- Road Frontage Type: Public
- Year Built Details: Actual
- Zoning: Rb
- Foundation: Concrete Perimeter
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Parking Features: Paved Drive, Off Street, Tandem, Paved
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Utilities
- Electric: 220 Volts
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $894,700
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2024
- Total Rent: $6,800
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 2%
- Taxes: $9,412
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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 Advantage Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.