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669 Somerville Ave
Somerville, MA. 02143-3235

Middlesex County
Directions: Corner Of Ibbetson And Somerville Avenue Between Ibbetson And Craigie

MLS # 72844973 - Active
Multi-Family 5-9 Family   Brown

List Price $4,300,000 Days on Market  
List Date   # Units 8
Sale Price   # Floors  
Sold Date   Rooms 22
Assessed Value $1,104,600 Bedrooms 14
Gross Living Area 8,415SF Full Baths 8
Lot Size 3,725SF Half Baths 0
Taxes $18,435.77 Fireplaces  
Tax Year 2021 Basement Yes
Zoning BA Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1920 Parking Spaces 0
    Garage Spaces 0


Rare offering! This is a meticulously maintained 8 unit (7 residential & 1 commercial) which shows pride of ownership at every turn. All apts have large rooms, high ceilings, fully applianced eat-in kitchens and full tile baths. Each apt has separate utilities. two 1 bedroom apts and three 2-bedroom apts. Two 3-bedroom units have a huge living area overlooking a Boston and Porter Square. Well maintained exterior, replacement windows, and separate systems make this a perfect income property for the passive investor or a great condo conversion for a savvy developer. Lease information is attached herein. An opportunity exists to significantly increase rents by simply waiting for leasing to expire & increase rents. Property is located walking distance to Davis Sq/Porter sq and Harvard Sq for terrific access to T, shops, and restaurants. Somerville consistently rates as one of the best rental markets in the region due to high density, amenities, and local universities and businesses.

Amenities   Public
   Shopping, Medical
   Facility, Laundromat,
   Highway Access, House of
   Worship, Public School,
   T-Station, University
Basement   Full
Construction   Frame
Electricity   220 Volts,
   100 Amps
Energy   Insulated Windows
Exterior   Shingles,
Flooring   Hardwood
Foundation   Poured
   Concrete, Fieldstone,
Hot Water   Natural Gas
Lead Paint   Unknown
Lot   Corner
Parking   On Street Permit
Road   Public
Roof   Rubber
Sewer / Water   City/Town
   Sewer, City/Town Water
Unit 1 Bedrooms: 3; Floor: 3; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 3000; Rooms: 5
Unit 2 Bedrooms: 3; Floor: 2; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 2400; Rooms: 5
Unit 3 Bedrooms: 2; Floor: 1; Full Baths: 1; Levels: 1; Rent: 2200; Rooms: 4
Unit 4 Bedrooms: 2; Floor: 3; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 2540; Rooms: 4
Financial Info
Electricity   $1,142
Gross Expenses   $28,504
Gross Oper. Income  
Insurance   $5,500
Net Oper. Income  
Water   $3,426
Additional Information
APOD Available?   No
Foreclosure   No
GLA Source   Public Record
Parcel #   M:38 B:G L:21
Seller Disclosure Doc   No
Short Sale   No
Year Built Desc.  
Year Built Source   Public

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Property Last Updated by Listing Office: 6/11/21 3:05am

Courtesy: MLSPIN

Listing Office: RE/MAX Destiny Listing Agent: David Lilley

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The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.