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PENDING

51 Oak St, Somerville, MA 02143$3,600,000

2
beds
1
bath
3120
ft2
· 6005
ft2 lot
$1,154 / ft2

Listing provided courtesy of Stephen Cefalo, Stephen Cefalo Real Estate
Source MLS PIN;
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FOR SALE near Inman Square and new green line extension - A total of 8 units consisting of two buildings with 4 units each including ON-SITE PARKING. Units approx. 780 sf +/- w/ 2 bedrm. and 1 bath. Separate heat and electric for each unit. Several units recently upgraded. Laundry not included but possible in basements. Great investor opportunity to keep revenue flowing while conversion to condo or upscale rentals is possible. Expiring leases for each tenant with pro forma available for interested buyers. The added value to this property is that one’s commute by auto, walking, bicycling or public transportation puts one near Cambridge, MIT and Harvard University and this location has to offer.

HOA

$—/month

On market

2 months

Year built

1900

Property type

5 9 Family

Parking

8

MLS

72900678

Price / Sq.Ft.

$1,154 / ft2

Status

Under Agreement

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Home details for 51 Oak St

Interior Features & Layout
Rooms Info
•   
Total Levels: 1, 3, 2
•   
Total Levels Unit 1: 2, 1
•   
Total Levels Unit 2: 1, 1
•   
Total Rooms Unit 1: 4
•   
Total Rooms Unit 2: 4
•   
Total Rooms: 8, 4, 8
Bedrooms Info
•   
Total Beds: 2
•   
Unit 2 Beds: 2
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 1, 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 8
Property Type
•   
Property Type: 5-9 Family
•   
Mls Prop Type: 5-9 Family
•   
Mls Property Type: Multi-family
Lot Info
•   
Zoning: RB
•   
Lot Description: Level
•   
Acres: 0.14
Building Info
•   
Sqft Source: Public Record
•   
Square Ft. Disclosure: Buyer to verify units sizes
•   
Foundation: Fieldstone
•   
Year Built Description: Approximate
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
Basement Info
•   
Basement
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: 3333487
•   
Status: Under Agreement
Listing Details
•   
Disclosures: Buyer to provide necessary due diligence. Pro Forma Available for current and proposed rents
•   
Dislcosures
Financial Info
•   
Apod Available
Tax/Assessment Info
•   
Tax Year: 2021
•   
Assessed Value: 1764300.00
•   
Taxes: 17978.00
•   
Apn: M:83 B:A L:51
Listing Contacts
•   
Selling Agent: cn205010
Terms
•   
Terms Feature: Seller W/Participate
School Neighborhood & Directions
Location
•   
Street Number: 51
•   
Map Book: 50189
•   
Area: Inman Square
•   
Map Page: 46
•   
Directions: Cambridge St. to Oak St. Best way to access property
•   
Zip Code +4: 4030
Other
Calculation
•   
Price Per Sqft: 1153.85
•   
List Price Per Sqft: 1153.85
•   
Cdom Property: 17
•   
Cdom Broker: 17
•   
Cdom: 17

Neighborhood snapshot

34
Properties for sale
17.5
Median days on market
$658.04
Median sold price/sqft
102.54%
Sold/List %
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Property History for 51 Oak St

10/14/2021
10/14/2021
MLS PIN #72900678
pending
MLS PIN #72900678
$3,600,000
09/27/2021
09/27/2021
MLS PIN #72900678
active
MLS PIN #72900678
$3,600,000

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