Price Reduced 6.71%

$2,779,900 ($596.55 per sqft)

Est. Mortgage $14,610/mo *

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

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

8 beds

1900

4,660 sqft

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

Status:

Active

Type:

Multi-family

Laundry Remarks:

Electric Dryer Hookup, Washer Hookup

Units:

6

Zoning:

Resdntl

Basement:

Full

Levels:

8

Parking:

3-car Paved Drive, Off Street

Acreage:

0.14

Est. Taxes:

$16,818

Assessment

$1,598,600

Utilities

for Gas Range, for Electric Dryer, Washer Hookup

Amenities:

Public Transportation, Shopping

MLS #:

73218290

Buyer Agent Compensation:

2.125

Facilitator Compensation:

2.125

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

No

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of The Steve Bremis Team, Steve Bremis Realty Group