Price Reduction - Views
Address
640 Mystic Ave, Somerville, MA
Price
$ 2,650,900
Property Attributes
  • MLS#73235507
  • TypeMulti-Family
  • CountyMIDDLESEX
  • CitySomerville
  • Zip02145
  • Style3 Family - 3 Units Side by Side
  • Year Built2017
  • Taxes$ 26477
  • Price$ 2,650,900
  • Bedrooms9
  • Full Bathrooms6
  • Half Bathrooms3
  • Sqr Footage5096
  • Lot Size0.09 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

BEST DEAL IN SOMERVILLE!!! ($520sf in Somerville with Garage Pkg!!!!) and 1031 Exchange Opportunity! 3 CUSTOM SIDE BY SIDE TOWNHOUSES with 6 GARAGE SPACES. Each residence was tastefully designed and built to the highest levels by an AWARD-WINNING DEVELOPER, with CHEFS EIK KITCHENS, Bertazzoni Ranges, SS appliances, GLEAMING HARDWOOD FLOORS, OPEN CONCEPT LVRM/DNRM/KITCHEN with a DIRECT WALK OUT PATIO. The 2nd level has 2 bedrooms, W&D, a full bath & an office nook. The top floor has a GRACIOUS PRIMARY BEDROOM SUITE with TWO WICs, a DOUBLE VANITY, extra cabinet storage & a SPA LIKE WALK IN SHOWER. Each unit has an EXCLUSIVE BALCONY AREA accessed from the Primary Bedroom, with UNOBSTRUCTED VIEWS of the MYSTIC RIVER AND ENCORE CASINO. Built in 2018, soundproofing was included as well as a fire sprinklers/alarm system. The building is 100% occupied.

Price History
5/9/2024 Listed $2,750,900
6/10/2024 4% - $2,650,900

General Features

Interior Features Storage,Walk-In Closet(s),Stone/Granite/Solid Counters,Living Room,Dining Room,Kitchen,Laundry Room,Living RM/Dining RM Combo
Sewer Public Sewer
Heating Central,Forced Air,Natural Gas,Individual
Cooling Central Air,Individual
Utilities for Gas Oven
Appliances Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer,Oven,Trash Compactor
Zoning HO
Garage Spaces 1
Year Built 2017
Electric Circuit Breakers,Individually Metered
View City View(s),Scenic View(s)
Property SubType 3 Family - 3 Units Side by Side
Tax Year 2023
Gross Income 153000
Community Features Public Transportation,Shopping,Park,Highway Access,House of Worship,Public School,University
County Middlesex
Net Operating Income 153000
Operating Expense 33376
Insurance Expense 4998
Property Type Residential Income
Garage Y/N Yes
Total Rooms 15
Status Active
Directions GPS
City Somerville
Disclosures Seller and Buyer Agent make no representations. Buyers and Buyers Agents should conduct their own due diligence and verify all information.
View Y/N Yes
Senior Community Y/N No
NumberOfUnitsTotal 3
Lot Size Units Acres
Lot Size Square Feet 4100
Waterfront Y/N No
Year Built Details Actual
Tax Annual Amount 26477
Electric Expense 254
Home Warranty Y/N No
Water Sewer Expense 2159
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 2560600
Total Actual Rent 12750
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Flooring Carpet,Hardwood
Total Fireplaces 3
Fireplace Features Gas
Total Stories 9
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Insulated Windows
Fireplace Y/N Yes
Full Baths 6
Half Baths 3
Total Bedrooms 9
Total Baths 9

Exterior Features

Parking Features Assigned
Lot Features Level
Water Source Public
Total Parking 6
Lot Size Area 0.09
Foundation Details Other
Spa No
Building Area Total 5096
Lot Size Acres 0.09
Covered Spaces 1
Road Frontage Type Public

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 02145

Price
AVG $2.04M
$2.65M
Taxes
AVG $11,971
$26,477
Visits
AVG 444
347
Data Provided by Inside Real Estate®
Year Built
AVG 1924
2017

Areas We Cover