$1,825,000
$1,850,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
220 Summer St Somerville, MA 02143
8 Beds
4 Baths
3,376 SqFt
Key Details
Sold Price $1,825,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,376 sqft
Price per Sqft $540
MLS Listing ID 73280900
Sold Date 10/16/24
Bedrooms 8
Full Baths 4
Year Built 1886
Annual Tax Amount $12,409
Tax Year 2024
Lot Size 3,049 Sqft
Acres 0.07
Property Description
Group showing: 1-2PM, Sun, 8/25/24. Opportunity knocks! Exceptional three-family residence situated within 1 mile to Porter Sq, David Sq, Union Sq and Magoun Sq, as well as Harvard U. and Lesley U. This newly renovated three-family property offers a compelling opportunity for investors seeking stable, long-term returns, or condo conversion, or a buyer looking for an owner-occupied three-family to live in while generating income to put towards your mortgage. The expansive first unit features three generously sized bedrooms and two full baths. Second unit comes with three bedrooms and a full bath. Third unit offers two bedrooms and one bathroom. Both unit 1 and 2 have a back porch. The spacious driveway can fit three cars. All units already renewed the leases: Unit#1/$3700 per month; Unit#2/$3300 per month; Unit#3/$2900 per month. High ceiling of the full size basement and all units provides perfect opportunity to developers. Pls come and check it out. Don’t miss out the opportunity
Location
State MA
County Middlesex
Zoning NR
Direction Somerville Ave to Craigie St, Craigie St to Summer St.
Rooms
Basement Full, Unfinished
Interior
Interior Features Stone/Granite/Solid Counters, Kitchen, Living RM/Dining RM Combo, Dining Room, Laundry Room
Heating Forced Air, Natural Gas, Oil
Flooring Tile, Vinyl, Hardwood
Fireplaces Number 2
Fireplaces Type Wood Burning
Appliance Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Rain Gutters
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station, University
Utilities Available for Gas Range, for Electric Dryer, Washer Hookup
Waterfront false
Roof Type Shingle
Parking Type Paved Drive, Off Street, Tandem, On Street, Paved
Total Parking Spaces 3
Garage No
Building
Story 6
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Other (See Remarks)
Listing Terms Other (See Remarks)
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Bought with Sage Jankowitz • RE/MAX Destiny