Price Reduction
Address
74 Franklin St, Somerville, MA
Price
$ 1,600,000
Property Attributes
- MLS#73205642
- TypeMulti-Family
- CountyMIDDLESEX
- CitySomerville
- Zip02145
- Style4 Family
- Year Built1890
- Taxes$ 10901
- Price$ 1,600,000
- Bedrooms9
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3149
- Lot Size4,356 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Located minutes to 93, this 4 family is an ideal investment or owner-occupied property. This home is conveniently located approximately 1.5 miles away from Kendall Square and 1.2 miles from Assembly Row. Unit 1: boasts 4 generous sized bedrooms, a full bath, dining/living room/kitchen combo. Unit 2: is a 1 bedroom with living room with enough space for a small office area and a full bath. Unit 3: is a 1 bedroom with lots of natural light. Living room also has space for an office area. Unit 4: is a 3 bedroom with a flexible floor plan with kitchen, living room and bath. All kitchens have gas cooking. The basement has coin-operated laundry hookups. Parking for 4+ cars. A commuter's dream come true with many options including easy access to Green Line Extension, Orange Line, Route 93, and more.
| Elementary School | Middle School | High School |
|---|---|---|
| E Somerville Elementary School | E Somerville Middle School | Somerville High |
| Price History | |
|---|---|
| 2/26/2024 | Listed $1,650,000 |
| 4/15/2024 | 4% - $1,600,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard,Natural Gas,Forced Air |
| Roof | Shingle |
| Zoning | RB |
| Construction Materials | Frame |
| Year Built | 1890 |
| Property SubType | 4 Family |
| Tax Year | 2023 |
| Gross Income | 116400 |
| Community Features | Public Transportation,Shopping,Park,Medical Facility,Laundromat,Highway Access,House of Worship,Public School,T-Station,Sidewalks |
| County | Middlesex |
| Net Operating Income | 116400 |
| Operating Expense | 7900 |
| Insurance Expense | 2100 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Rent Includes | Unit 1(Heat),Unit 2(Heat),Unit 3(Heat),Unit 4(Heat) |
| Total Rooms | 20 |
| Status | Active |
| Directions | Please use GPS - Pearl St to Franklin St. |
| High School | Somerville High |
| City | Somerville |
| Disclosures | Some photos have been virtually staged. Room dimensions and sq. ft. are approximate. Buyer and buyer’s agent must verify all information and perform their own due diligence. |
| Senior Community Y/N | No |
| Total Units | 4 |
| Lot Size Square Feet | 4382 |
| Waterfront Y/N | No |
| Street Name | Franklin St |
| Elementary School | E Somerville |
| Year Built Details | Actual |
| Tax Annual Amount | 10901 |
| Electric Expense | 2000 |
| Home Warranty Y/N | No |
| Middle/Junior High School | E Somerville |
| Water Sewer Expense | 1000 |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 1054300 |
| Total Actual Rent | 9600 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full,Bulkhead,Dirt Floor,Concrete |
|---|---|
| Total Stories | 8 |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 4 |
| Total Bedrooms | 9 |
| Total Baths | 4 |
Exterior Features
| Parking Features | Paved Drive,Off Street |
|---|---|
| Lot Features | Level |
| Water Source | Public |
| Total Parking | 6 |
| Lot Size Area | 0.1 |
| Foundation Details | Stone,Brick/Mortar |
| Spa | No |
| Building Area Total | 3149 |
| Lot Size Acres | 0.1 |
| Lot Size Units | Acres |
| Road Frontage Type | Public |
| Road Responsibility | Public Maintained Road |
| 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
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
