Price Reduction
Address
18 Morton St, Somerville, MA
Price
$ 1,250,000
Property Attributes
  • MLS#73202713
  • TypeMulti-Family
  • CountyMIDDLESEX
  • CitySomerville
  • Zip02145
  • Style2 Family - 2 Units Up/Down
  • Year Built1900
  • Taxes$ 8254
  • Price$ 1,250,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3130
  • Lot Size3,049 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

ATTENTION investors, contractors, and owner-occupants seeking an exceptional opportunity! Nestled in a residential neighborhood mere minutes from the bustling hubs of Union Square, Assembly Row, and Boston, this two-family home offers an enticing blend of convenience and potential. Bathed in natural light with soaring ceilings, this property exudes charm. The first unit boasts two bedrooms and one bath, while the second unit spans two levels, featuring three bedrooms and one bath, as well as a spacious deck for outdoor enjoyment. But that's not all - envision the possibilities of adding square footage by finishing the basement, or exploring the potential for a third unit under NR zoning regulations. With ample room for expansion and enhancement, this property presents an unparalleled opportunity for savvy buyers to maximize value and realize their vision. Plus - it is now fully vacant!

Price History
2/15/2024 Listed $1,300,000
2/15/2024 1% - $1,299,000
4/1/2024 3% - $1,269,000
4/30/2024 2% - $1,250,000

General Features

Sewer Public Sewer
Utilities for Gas Range
Roof Shingle
Appliances Washer,Dryer
Zoning rb
Patio/Porch Features Porch,Deck
Year Built 1900
Property SubType 2 Family - 2 Units Up/Down
Tax Year 2023
Gross Income 67908
County Middlesex
Net Operating Income 67908
Property Type Residential Income
Garage Y/N No
Total Rooms 10
Status Price Changed
Directions Please use GPS
City Somerville
Disclosures Home is being sold as is where is buyers to complete due diligence. Seller and sellers agent make no representations.
Senior Community Y/N No
Total Units 2
Lot Size Square Feet 3200
Waterfront Y/N No
Street Name Morton St
Year Built Details Renovated Since
Tax Annual Amount 8254
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 798300
Total Actual Rent 5659
Compensation Based On Gross/Full Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full,Partially Finished,Sump Pump
Flooring Wood,Vinyl
Total Stories 4
Fireplace Y/N No
Full Baths 3
Total Bedrooms 5
Total Baths 3

Exterior Features

Parking Features Paved Drive,Off Street,Common,Paved
Lot Features Level
Water Source Public
Total Parking 4
Lot Size Area 0.07
Foundation Details Brick/Mortar
Spa No
Building Area Total 3130
Lot Size Acres 0.07
Lot Size Units Acres
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 02145

Price
AVG $1.71M
$1.25M
Taxes
AVG $11,850
$8,254
Visits
AVG 261
490
Data Provided by Inside Real Estate®
Year Built
AVG 1904
1900

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