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SOLD 6/15/2021

425 Somerville Ave, Somerville, MA 02143$1,812,000

8
beds
5
baths
4170
ft2
· 2460
ft2 lot
$435 / ft2

Listing provided courtesy of Listing Broker: Salvatore Sillari, Century 21 Avon
Source MLS PIN;
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A great long-term investment opportunity! Six units total in Union Square, 2 separate deeds, 4 residential and 2 commercial. All but 1 unit is a tenancy at will! The Green line will be here soon and this property is destined to be a money maker. A majority of all capital improvements have been done in the last 20 years, including the new hardy siding in the front, the HVAC systems, hot water heaters and the roof! In need of your finishing touches on the inside… Why not buy now and thank yourself later?

HOA

$—/month

On market

a month

Year built

1920

Property type

5 9 Family

Parking

MLS

72803842

Price / Sq.Ft.

$435 / ft2

Status

Sold

Home details for 425 Somerville Ave

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Other (See Remarks), Living Room, Kitchen, Living Room, Kitchen, Living Room, Kitchen
•   
Common Rooms: Mudroom
•   
Total Levels: 3, 11, 5
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 1
•   
Total Levels Unit 3: 3, 1
•   
Total Levels Unit 4: 1
•   
Total Rooms Unit 1: 2
•   
Total Rooms Unit 2: 4
•   
Total Rooms Unit 3: 4
•   
Total Rooms Unit 4: 4
•   
Total Rooms: 18, 20, 18
Interior Features
•   
Electric Details: Circuit Breakers
•   
Energy Details: Other (See Remarks)
•   
Interior Features: Wall to Wall Carpet, Storage, Walk-In Closet, Other (See Remarks), Ceiling Fans, Balcony/Deck, Wood Flooring, Storage, Balcony/Deck, Hardwood Floors, Bathroom with Shower Stall, Remodeled, Storage, Balcony/Deck, Hardwood Floors
Heating & Cooling
•   
Heating Description Unit4: Electric
•   
Heating Description Unit 1: Forced Air
•   
Heating Zones: 6
•   
Heating Description Unit2: Electric
•   
Heating Description Unit3: Electric
Appliances
•   
Hot Water: Natural Gas, Electric
•   
Unit 4 Appliances: Range, Refrigerator
•   
Unit 3 Appliances: Range, Refrigerator
•   
Unit 2 Appliances: Range, Refrigerator, Washer, Dryer
Flooring
•   
Unit 4 Floor Level: 2
•   
Flooring: Wood, Vinyl, Laminate, Hardwood
Virtual Tour
•   
Virtual Tour: 1
Bedrooms Info
•   
Total Beds: 8
•   
Unit 4 Beds: 2
•   
Unit 3 Beds: 2
•   
Unit 2 Beds: 2
Bathrooms Info
•   
Full Baths: 4, 4
•   
Half Baths: 2, 2
•   
Unit 4 Full Baths: 1
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Half Baths: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 6
Exterior Features
•   
Color: Blue
•   
Building Exterior Details: Clapboard, Fiber Cement Siding, Deck, Deck - Wood, Patio, Gutters, Fenced Yard
Property Type
•   
Property Type: 5-9 Family
•   
Mls Prop Type: 5-9 Family
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Public School, T-Station, University
Lot Info
•   
Zoning: BA
•   
Lot Description: Easements, Cleared, Level
•   
Acres: 0.06
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Fieldstone
•   
Roof: Rubber
•   
Year Built Description: Actual
•   
Water/Sewer Built: 2000
•   
Lead Paint: Certified Treated
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Full, Walk Out, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement
Parking Info
•   
Parking Descriptions: On Street Permit, On Street Without Permit
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
•   
Sewer District: City
Utilities
•   
Utilities: Washer Hookup
Listing Details, Costs & Financing Information
Financial Info
•   
Insurance Expenses: 5000
•   
Fin Code: Conv. Fixed
•   
Finances Source: Owner Provided
•   
Apod Available
Listing Info
•   
Offline Listing Number: 3201631
•   
Oh Flag: 1
•   
Status: Sold
Lease Info
•   
Gross Revenue: 7000
•   
Gross Income: 21600
•   
Net Operating Income: 21600
•   
Monthly Rent Unit 1: 1400
•   
Monthly Rent Unit 2: 1800
•   
Lease 1
•   
Monthly Rent Unit 4: 1800
Terms
•   
Exclusions: Personal property.
Listing Details
•   
Disclosures: Common lighting is tied to Hair Salon at this point. There is a meter box for common lighting but hasn’t been connected at this point. 2 different years build according to assessor 1900 &1920. Apartment bedrooms do not have closet.
Tax/Assessment Info
•   
Tax Year: 2020
•   
Assessed Value: 1237900.00
•   
Taxes: 20202.00
Listing Contacts
•   
Selling Agent: BB801737
School Neighborhood & Directions
Location
•   
Street Number: 425-429
•   
Map Book: 17691
•   
Map Page: 85
•   
Directions: Cross Street is Quincy Street.
•   
Road Type: Public
School Info
•   
High School: Somerville
Other
Other
•   
Main So: AN3443
Calculation
•   
Price Per Sqft: 434.53
•   
List Price Per Sqft: 503.60
•   
Sold Price Per Sqft: 434.53
•   
Cdom Property: 27
•   
Cdom Broker: 27
•   
Cdom: 27

Neighborhood snapshot

13
Properties for sale
18
Median days on market
$676.88
Median sold price/sqft
101.82%
Sold/List %
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Property History for 425 Somerville Ave

06/15/2021
06/15/2021
MLS PIN #72803842
sold
MLS PIN #72803842
$1,812,000
--13.71%
04/07/2021
04/07/2021
MLS PIN #72803842
pending
MLS PIN #72803842
$2,100,000
03/25/2021
03/25/2021
MLS PIN #72803842
active
MLS PIN #72803842
$2,100,000

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