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SOLD 4/29/2016

5 Chandler Street, Somerville, MA 02144$2,460,000

8
beds
6
baths

Listing provided courtesy of Listing Broker: Lisa Khachaturian, Khachaturian Real Estate
Source MLS PIN;
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Ideal investment opportunity in one of the hottest areas in Greater Boston! Little difficulty finding renters in this well-maintained and centrally-located 6-unit Colonial (split into 3-story and 2-story level residential buildings). Boasting a 95 Walk Score, the property is located just ONE BLOCK from the Davis Red Line T stop and steps from Davis Sq. restaurants, nightlife, and shopping, making all of the units easy rentals. 100% OCCUPIED with gross annual rent of $130,000. Showings by appointment only to qualified buyers. Please note that the actual address is 11 Park Avenue, Somerville, MA 02144. 5 Chandler Street Somerville, MA 02144 is the address used in the Assessor’s Database.

HOA

$—/month

On market

4 days

Year built

1920

Property type

5+ Family 5+ Units Up/Down

Parking

6

MLS

71967198

Price / Sq.Ft.

ft2

Status

Sold

Home details for 5 Chandler Street

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Living Room, Dining Room, Kitchen, Office/Den, Kitchen, Living RM/Dining RM Combo, Kitchen, Living RM/Dining RM Combo, Other (See Remarks), Living RM/Dining RM Combo, Office/Den
•   
Common Rooms: Laundry
•   
Total Levels: 3, 9, 5
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 1, 1
•   
Total Levels Unit 3: 2, 1
•   
Total Levels Unit 4: 1
•   
Total Rooms Unit 1: 4
•   
Total Rooms Unit 2: 4
•   
Total Rooms Unit 3: 4
•   
Total Rooms Unit 4: 4
•   
Total Rooms: 19, 22, 19
Heating & Cooling
•   
Heating Description Unit4: Forced Air
•   
Heating Description Unit 1: Forced Air
•   
Heating Details: Forced Air, Gas
•   
Heating Description Unit2: Forced Air
•   
Heating Description Unit3: Forced Air
Appliances
•   
Hot Water: Natural Gas
•   
Unit 4 Appliances: Range, Refrigerator
•   
Unit 3 Appliances: Range, Refrigerator
•   
Unit 2 Appliances: Range, Refrigerator
•   
Unit 1 Appliances: Range, Refrigerator
•   
Common Appliances: Washer / Dryer Combo
Flooring
•   
Unit 4 Floor Level: 2
Interior Features
•   
Interior Features: Storage, Hardwood Floors, Hardwood Floors, Hardwood Floors, Hardwood Floors
Virtual Tour
•   
Virtual Tour: 1
Bedrooms Info
•   
Total Beds: 8
•   
Unit 4 Beds: 1
•   
Unit 3 Beds: 2
•   
Unit 2 Beds: 2
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 6, 6
•   
Unit 4 Full Baths: 1
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 6
Exterior Features
•   
Color: White
•   
Building Exterior Details: Vinyl, Porch, Gutters
Property Type
•   
Property Type: 5+ Family - 5+ Units Up/Down
•   
Mls Prop Type: 5+ Family - 5+ Units Up/Down
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, T-Station, University
Lot Info
•   
Zoning: RB
•   
Lot Description: Corner
Building Info
•   
Sqft Source: Public Record
•   
Square Ft. Disclosure: Check public records. All floor plans are deemed accurate but not guaranteed.
•   
Foundation: Poured Concrete, Other (See Remarks)
•   
Roof: Slate, Other (See Remarks)
•   
Year Built Description: Approximate
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Unfinished Basement
Parking Info
•   
Parking Descriptions: Tandem
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: 2240615
•   
Status: Sold
Financial Info
•   
Fin Code: Conv. Fixed
•   
Operating Expense: 01/16
Lease Info
•   
Gross Income: 130000
•   
Monthly Rent Unit 1: 2100
•   
Monthly Rent Unit 2: 2175
•   
Monthly Rent Unit 3: 2000
•   
Lease 1
•   
Monthly Rent Unit 4: 1575
•   
Lease 2
•   
Lease 3
•   
Lease 4
Listing Details
•   
Disclosures: Foundation description: also includes stone. Roof material: includes slate and asphalt.
Tax/Assessment Info
•   
Tax Year: 2014
•   
Assessed Value: 1090700.00
•   
Taxes: 13785.00
•   
Apn: M:16 B:F L:1
Listing Contacts
•   
Selling Agent: CT009086
School Neighborhood & Directions
Location
•   
Street Number: 5
•   
Map Book: 22259
•   
Area: Davis Square
•   
Map Page: 310
•   
Directions: Located at corner of Chandler and Park (Davis Sq). Also may be found under 11 Park Ave.
•   
Road Type: Public
•   
Zip Code +4: 1911
Other
Other
•   
Main So: AN2695
Calculation
•   
Cdom Property: 4
•   
Cdom Broker: 4
•   
Cdom: 4

Neighborhood snapshot

54
Properties for sale
15
Median days on market
$647.99
Median sold price/sqft
103.90%
Sold/List %
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walk score® :

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transit score® :

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bike score® :

Property History for 5 Chandler Street

05/04/2016
05/04/2016
MLS PIN #71967198
sold
MLS PIN #71967198
$2,460,000
04/29/2016
04/29/2016
Public Record
sold
Public Record
$2,460,000
+763.16%
07/31/1992
07/31/1992
Public Record
sold
Public Record
$285,000
+9.62%
05/14/1992
05/14/1992
Public Record
sold
Public Record
$260,000

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