Sold!
$865,000
4
Beds
2/3
Baths
3,500
Living Area
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Property Description
Mixed use building just off Main Street with two income generating residential units upstairs, each consisting of 5 rooms/2 bd/1bath and a commercial space at the street level. Residential units are Tenants -at-Will and are currently fetching $3700 gross income. The commercial space is a fully equipped restaurant, is handicap accessible, and includes 2 patron restrooms, as well as a third half bath for employee's use. There's a great outside patio area and plenty of freezer storage in the basement. A savvy investor will do quite well to put this downtown business space back into good use. All units are separately heated with newer systems and are equipped with their own electric panel. This building's roof was replaced over the past 3 years. Full sprinkler system is in place. Proof of funds are REQUIRED prior to scheduling a full tour of this property. **See for additional photos of restaurant space MLS Listing #73183156
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Highlights
- Cooling: Central Air
- Parking Spots: 2
- Property Type: 3 Family - 3 Units Up/Down
- Year Built: 1880
- Heating: Baseboard, Individual, Unit Control, Natural Gas
- Property Class: Residential Income
- Total Rooms: 12
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Refrigerator, Range Hood
- Foundation: Stone
- Lot Features: Level
- Roof: Shingle, Rubber
- Year Built Details: Renovated Since
- Zoning: B
- Basement: Full, Interior Entry, Bulkhead
- Interior Features: Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Private School, Public School, T-Station
- Waterfront Features: Beach Front, Lake/Pond, Walk to, 1/2 to 1 Mile To Beach
- Parking Features: Paved Drive, Off Street, Driveway, Other
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,001,700
- Compensation Based On: Net Sale Price
- Sub Agent Compensation: 2%
- Tax Year: 2024
- Total Rent: $7,200
- Buyer Agent Compensation: 2%
- Rental Fee Includes: Unit 2(Water), Unit 3(Water)
- Sub-Agency Relationship Offered: Yes
- Taxes: $11,269
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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.
