Active

84-86-86R Cross St

Somerville MA, 02145

$2,779,900


$596.55 per sqft

Active

8 Beds

4,660 sqft

Multi-family

Built in 1900

SIX TOTAL UNITS...EXTENSIVELY RENOVATED FOUR FAMILY AND TWO FAMILY PACKAGE IN PRISTINE CONDITION... UNDER HALF MILE TO NEW GREEN LINE AND JUST OVER HALF MILE TO ORANGE LINE. This Two Property Package INCLUDES SIX TOTAL UNITS IN A FOUR FAMILY AND TWO FAMILY ON SAME LOT. Four out of 6 units have been gut renovated to the studs with granite counter kitchens and new appliances. Updated roof, electric, hot water tanks and roof. Gross Monthly Rent is $13,300/ Gross Annual $159,600 (does not include 4 coin op washer & dryers). All unit utilities are separate. RENTS ARE SUBSTANTIALLY UNDER MARKET and rent roll can be increased significantly. Off street parking with TWO DRIVEWAYS. Perfect candidate for future condo conversion given extensive recent renovation to the property or a great 1031 Tax Deferred Exchange candidate. FANTASTIC LOCATION. Rated a Walker's Paradise Walk Score of 90. Rated a Rider's Paradise Transportation Score of 90 and a Very Bikeable Bike Score of 85l

73218290

MLS ID

April 1, 2024

Listed

October 2, 2024

Updated

Map

84-86-86R Cross St
Somerville MA, 02145

Interior Features

Total Stories

8


Bedrooms

8


Laundry Description

Electric Dryer Hookup, Washer Hookup


Floor Description

Wood


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Sewer

Public Sewer

Other Property Details

Taxes

$16,818


Tax Frequency

Annually


Days on Market

169


Garage

No


Parking

Paved Drive, Off Street


Parking Total

3


View

No


County

Middlesex


Water Source

Public


Pool

No


Zoning

Resdntl

Listing History

Date

Event

Price

4/19/2024

Price change

$2,779,900

-7%

 

Courtesy of The Steve Bremis Team,

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Data last updated 12:57 AM UTC, 10/2/2024

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