Property Attributes
- MLS#73229264
- TypeMulti-Family
- CountyMIDDLESEX
- CitySomerville
- Zip02143
- Style3 Family
- Year Built1900
- Taxes$ 16806
- Price$ 1,850,000
- Bedrooms11
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage4924
- Lot Size2,614 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
6-8 Knapp Street is an opportunity to acquire a massive 3-family (5,580 Square Feet) that has been meticulously maintained and is located in a coveted neighborhood of Somerville. The property has an excellent rental history but also provides upside potential for a new coming investor. This area is full of amenities for tenants including Bow Market, Market Basket and Gilman/Union Sq Green Line Stations.
Price History | |
---|---|
4/26/2024 | Listed $1,850,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Baseboard |
Roof | Rubber |
Appliances | Washer,Dryer |
Exterior Features | Balcony |
Zoning | RB |
Patio/Porch Features | Patio |
Construction Materials | Frame |
Year Built | 1900 |
Property SubType | 3 Family |
Tax Year | 2024 |
Gross Income | 131280 |
County | Middlesex |
Net Operating Income | 98511 |
Operating Expense | 32769 |
Insurance Expense | 6603 |
Property Type | Residential Income |
Garage Y/N | No |
Rent Includes | Unit 1(Water) |
Total Rooms | 18 |
Status | Active |
Directions | GPS |
City | Somerville |
Disclosures | Unit 2 is currently vacant. It can be rented or delivered vacant depending on buyer preference. Rent set to market rate. |
Senior Community Y/N | No |
Total Units | 3 |
Lot Size Square Feet | 2403 |
Waterfront Y/N | No |
Street Name | Knapp Street |
Year Built Details | Approximate |
Tax Annual Amount | 16806 |
Electric Expense | 540 |
Home Warranty Y/N | No |
Water Sewer Expense | 5820 |
Building Area Units | Square Feet |
Standard Status | Active |
Year Built Source | Public Records |
Tax Assessed Value | 1597500 |
Total Actual Rent | 10940 |
Compensation Based On | Gross/Full Sale Price |
Sub-Agency Relationship Offered | No |
Interior Features
Basement | Finished |
---|---|
Flooring | Wood,Tile |
Total Stories | 6 |
Heating Y/N | Yes |
Fireplace Y/N | No |
Full Baths | 4 |
Total Bedrooms | 11 |
Total Baths | 4 |
Exterior Features
Parking Features | On Street |
---|---|
Lot Features | Other |
Water Source | Public |
Lot Size Area | 0.06 |
Foundation Details | Concrete Perimeter,Brick/Mortar |
Spa | No |
Building Area Total | 4924 |
Lot Size Acres | 0.06 |
Lot Size Units | Acres |
Road Frontage Type | Public |
Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool