Open House Sun, May 19th 01:00 PM - 02:30 PM
Address
38 Fairmount Avenue, Somerville, MA
Price
$ 1,650,000
Property Attributes
- MLS#73230968
- TypeMulti-Family
- CountyMIDDLESEX
- CitySomerville
- Zip02144
- StyleMulti Family
- Year Built1910
- Taxes$ 9883
- Price$ 1,650,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3442
- Lot Size3,485 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Introducing 38 Fairmount Ave in Somerville, a brilliant investment opportunity with guaranteed rental income. Within the walls of this two family spans a tale of familial roots. For decades one family has lovingly called it home. Nestled within the Teele, Davis and Ball Square neighborhoods, the demand for these apartments will continue to grow. With separate entrances, each unit exudes a sense of spaciousness and comfort, inviting tenants to settle in and make it their own. Around the corner from Tufts University and close to the Minuteman Bikeway and major highways, Route 2 and 93. Schedule a private viewing today.
| Price History | |
|---|---|
| 5/1/2024 | Listed $1,650,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Roof | Slate |
| Zoning | NR |
| Construction Materials | Frame,Brick |
| Exclusions | Stone Planter In The Right Corner Of The Property As Well As The Rose Bush In The Front Of Unit 38 |
| Year Built | 1910 |
| Property SubType | Multi Family |
| Tax Year | 2024 |
| Gross Income | 70800 |
| Community Features | Public Transportation,Shopping,Walk/Jog Trails,Bike Path,Highway Access,Public School |
| County | Middlesex |
| Net Operating Income | 70800 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Total Rooms | 14 |
| Status | Active |
| Directions | Broadway to Dickson to Fairmount |
| City | Somerville |
| Disclosures | Please refer to Seller Information Sheet |
| Senior Community Y/N | No |
| Total Units | 2 |
| Lot Size Square Feet | 3484 |
| Waterfront Y/N | No |
| Street Name | Fairmount Avenue |
| Year Built Details | Approximate |
| Tax Annual Amount | 9883.32 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 1312400 |
| Tax Lot | 2 |
| Total Actual Rent | 5900 |
| Compensation Based On | Gross/Full Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full,Finished |
|---|---|
| Flooring | Hardwood |
| Total Stories | 3 |
| Fireplace Y/N | No |
| Full Baths | 3 |
| Total Bedrooms | 5 |
| Total Baths | 3 |
Exterior Features
| Parking Features | Paved Drive,Off Street,Tandem |
|---|---|
| Water Source | Public |
| Total Parking | 2 |
| Lot Size Area | 0.08 |
| Foundation Details | Stone |
| Spa | No |
| Building Area Total | 3442 |
| Lot Size Acres | 0.08 |
| 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
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
