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282 Summer St

Somerville, MA 02144
$1,734,000
6 Beds
3 Baths
3,484 Living Area
  • Property Description
    Updated Porter/Davis Square three family is a rarely available investment opportunity. This updated cash cow is steps to both the MBTA Redline Porter and Davis Sq stops, 1.5 miles from both the Harvard/Radcliffe Quad and Tufts University, and just over 3 miles from Boston Financial District. With a WalkScore of 95, a BikeScore of 96, this property also has a long history of top rents. Three 2 br/1 ba apartments with tandem parking for 3 cars. Recent updates include new siding, new back decks, updated kitchens and bathrooms. Fully leased @ over $10,000/m from 9/1/23-8/31/24. A rare opportunity to be added to a savvy investor's portfolio.
  • Highlights
    • Parking Spots: 2
    • Property Type: 3 Family
    • Year Built: 1875
    • Property Class: Residential Income
    • Total Rooms: 12
    • Status: Closed
  • Additional Details
    • Construction: Frame
    • Foundation: Stone
    • Road Frontage Type: Public
    • Total Number of Units: 3
    • Year Built Source: Public Records
    • Flooring: Wood
    • Lot Features: Corner Lot
    • Roof: Shingle, Rubber
    • Year Built Details: Approximate
    • Zoning: Rb
  • Amenities
    • Parking Features: Paved Drive, Off Street
  • Utilities
    • Electric: 220 Volts
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $1,304,300
    • Compensation Based On: Net Sale Price
    • Tax Year: 2023
    • Total Rent: $10,395
    • Buyer Agent Compensation: 2%%
    • Facilitator Compensation: 2%%
    • Taxes: $13,486

Location

282 Summer St, Somerville, MA 02144

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