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28 Moreland Street, Somerville, MA 02145$1,699,000

9
beds
3
baths
4048
ft2
· 8112
ft2 lot
$420 / ft2

Listing provided courtesy of Zhengnan Kang, Blue Ocean Realty, LLC
Source MLS PIN;
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DEVELOPERS & INVESTORS TAKE NOTICE ! This 3-unit multi-family building boasts two 4 bed/1 bath units and one 4 bed/2 bath unit with great renting & investing potential. Over 4,000 total square feet of living space and 10 parking spaces for renting or assigning to tenants. The land consists 8112 Sqft and potential to do a development. Attractive location for renters, with extension T stations (Magoun Square) and shopping within walking distance at Assembly & Wellington.

HOA

$—/month

On market

9 months

Year built

1910

Property type

3 Family 3 Units Up/Down

Parking

10

MLS

72799976

Price / Sq.Ft.

$420 / ft2

Status

Active

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Home details for 28 Moreland Street

Interior Features & Layout
Rooms Info
•   
Total Levels: 3, 6, 3
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 1
•   
Total Levels Unit 3: 3, 1
•   
Total Rooms Unit 1: 7
•   
Total Rooms Unit 2: 7
•   
Total Rooms Unit 3: 7
•   
Total Rooms: 21, 18, 21
Bedrooms Info
•   
Total Beds: 9
•   
Unit 3 Beds: 4
•   
Unit 2 Beds: 4
•   
Unit 1 Beds: 4
Bathrooms Info
•   
Full Baths: 3, 3
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 2
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 3
Property Type
•   
Property Type: 3 Family - 3 Units Up/Down
•   
Mls Prop Type: 3 Family - 3 Units Up/Down
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School
Lot Info
•   
Zoning: RB
•   
Lot Description: Other (See Remarks)
•   
Acres: 0.19
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Other (See Remarks)
•   
Year Built Description: Approximate
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
Basement Info
•   
Basement
•   
Basement Details: Partially Finished
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 3210991
•   
Oh Flag: 1
•   
Status: Active
Listing Details
•   
Lender Owned: Undisclosed
•   
Disclosures: The buyer and buyer's agent do own due diligence for the potential development.
•   
Short Sale: Unknown
Lease Info
•   
Gross Income: 55800
•   
Net Operating Income: 55800
•   
Monthly Rent Unit 1: 2450
•   
Monthly Rent Unit 3: 2200
•   
Lease 1
•   
Total Rent: 4650
Tax/Assessment Info
•   
Tax Year: 2020
•   
Assessed Value: 1221600.00
•   
Taxes: 12325.94
School Neighborhood & Directions
Location
•   
Street Number: 28
•   
Map Book: 74164
•   
Map Page: 411
•   
Directions: Please see Google Maps.
Other
Calculation
•   
Price Per Sqft: 419.71
•   
List Price Per Sqft: 419.71
•   
Cdom Property: 249
•   
Cdom Broker: 249
•   
Cdom: 249

Neighborhood snapshot

51
Properties for sale
20
Median days on market
$529.25
Median sold price/sqft
100.97%
Sold/List %
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Property History for 28 Moreland Street

07/01/2021
07/01/2021
MLS PIN #72799976
pending
MLS PIN #72799976
$1,699,000
05/21/2021
05/21/2021
MLS PIN #72799976
active
MLS PIN #72799976
$1,699,000
--2.91%
03/17/2021
03/17/2021
MLS PIN #72799976
active
MLS PIN #72799976
$1,750,000
+3.00%
03/17/2021
03/17/2021
MLS PIN #72799976
active
MLS PIN #72799976
$1,699,000
+1.43%
02/21/2020
02/21/2020
MLS PIN #72600616
cancelled
MLS PIN #72600616
$1,675,000
+6.01%
See more property history

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