Address
5-7 Cottage Avenue, Somerville, MA
Price
$ 1,895,000
Property Attributes
- MLS#73229155
- TypeMulti-Family
- CountyMIDDLESEX
- CitySomerville
- AreaDavis Square
- Zip02144
- Style3 Family
- Year Built1920
- Taxes$ 15393
- Price$ 1,895,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3007
- Lot Size3,485 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Lovely 3-family with 2-bay garage and double-wide driveway on a pretty residential street in prime Davis Sq. location. Excellent rental history. Notable features include updated kitchen in Unit 1; updated kitchen in Unit 2 w/gas cooktop, separate oven, vent hood, butcher block counters, ss appliances; w/d and wood burning fp in Unit 2; recently rebuilt front and rear porches; shared bsmt w/d for Units 1 and 3; large windows; hardwood floors; front and side garden/yard; rear patio. All 3 units are 1 bed/1 bath with leases thru 8/31/24; Unit 1 could be delivered vacant by July 1. Would also convert nicely to 2 units (see uploaded plans) or single family. Enjoy the many delights of Davis Sq. – shops, restaurants, nightlife, Red Line subway stop. Cottage Ave. is also walkable to the Porter Sq. Red Line and commuter rail stations, 2 new GLX stations, and to Ball, Magoun, and Teele Sqs. Easy commute by bike, foot, or public transit to Harvard, MIT, and Tufts; near major highways and airport.
| Price History | |
|---|---|
| 4/26/2024 | Listed $1,895,000 |
General Features
| Interior Features | Ceiling Fan(s),Upgraded Cabinets,Upgraded Countertops,Living Room,Dining Room,Kitchen |
|---|---|
| Sewer | Public Sewer |
| Heating | Forced Air,Oil,Electric |
| Roof | Shingle |
| Appliances | Range,Dishwasher,Microwave,Refrigerator,Oven,Washer,Dryer,Range Hood |
| Exterior Features | Garden |
| Zoning | NR |
| Garage Spaces | 2 |
| Patio/Porch Features | Porch,Patio |
| Exclusions | Tenants' Belongings,Including Some Window Treatments Throughout And Bidet Toilet Seat In Unit 1. |
| Year Built | 1920 |
| Electric | Circuit Breakers |
| Property SubType | 3 Family |
| Tax Year | 2024 |
| Gross Income | 83400 |
| Community Features | Public Transportation,Shopping,Park,Walk/Jog Trails,Bike Path,Conservation Area,Highway Access,T-Station,University |
| County | Middlesex |
| Net Operating Income | 83400 |
| Property Type | Residential Income |
| Garage Y/N | Yes |
| Total Rooms | 11 |
| Status | Active |
| Directions | Elm St. to Chester St. to Cottage Ave. OR Mass Ave. to Russell St. go left onto Cottage Ave. |
| City | Somerville |
| Disclosures | New common meter has not been connected; common areas connected to Unit 1's electric panel. Units 2 and 3 share 1 water heater. Older heating systems for #1 and #2. FP hasn't been used in years; cond |
| Senior Community Y/N | No |
| Total Units | 3 |
| MLS Area | Davis Square |
| Lot Size Square Feet | 3658 |
| Waterfront Y/N | No |
| Street Name | Cottage Avenue |
| Year Built Details | Approximate |
| Tax Annual Amount | 15393 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 1463200 |
| Total Actual Rent | 6950 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full,Interior Entry,Unfinished |
|---|---|
| Flooring | Wood,Tile,Carpet |
| Total Fireplaces | 1 |
| Fireplace Features | Wood Burning |
| Total Stories | 6 |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Full Baths | 3 |
| Total Bedrooms | 3 |
| Total Baths | 3 |
Exterior Features
| Parking Features | Off Street,Paved |
|---|---|
| Lot Features | Other |
| Water Source | Public |
| Total Parking | 2 |
| Lot Size Area | 0.08 |
| Foundation Details | Stone,Brick/Mortar |
| Spa | No |
| Building Area Total | 3007 |
| Lot Size Acres | 0.08 |
| Lot Size Units | Acres |
| Covered Spaces | 2 |
| 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
Property vs Multi-Family Average in 02144
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
