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220 Summer St
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Sold

220 Summer St

220 Summer St, Somerville, MA 02143

$1,825,000
Group showing: 1-2PM, Sun, 8/25/24. Opportunity knocks! Exceptional three-family residence situated within 1 mile to Porter Sq, David Sq, Union Sq and Magoun Sq, as well as Harvard U. and Lesley U. This newly renovated three-family property offers a compelling opportunity for investors seeking stable, long-term returns, or condo conversion, or a buyer looking for an owner-occupied three-family to live in while generating income to put towards your mortgage. The expansive first unit features three generously sized bedrooms and two full baths. Second unit comes with three bedrooms and a full bath. Third unit offers two bedrooms and one bathroom. Both unit 1 and 2 have a back porch. The spacious driveway can fit three cars. All units already renewed the leases: Unit#1/$3700 per month; Unit#2/$3300 per month; Unit#3/$2900 per month. High ceiling of the full size basement and all units provides perfect opportunity to developers. Pls come and check it out. Don't miss out the opportunity

8
beds

4
baths

3,376 Sq.Ft. LIVING AREA

3,049 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms4
  • full bathrooms4
  • Laundry room Electric Dryer Hookup, Washer Hookup
  • Flooring Tile, Vinyl, Hardwood
  • Fireplace Wood Burning
  • APPLIANCES Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
  • other interior Features Stone/Granite/Solid Counters, Kitchen, Living RM/Dining RM Combo, Dining Room, Laundry Room

Area & Lot

  • Status Sold
  • Living Area3,376 Sq.Ft.
  • Total Area3,376 Sq.Ft.
  • Lot Area3,049 Sq.Ft.
  • MLS® ID73280900
  • TypeMulti-Family
  • YEAR BUILT1886
  • NeighborhoodSomerville

Exterior

  • STORIES6
  • water SourcePublic
  • utilitiesfor Gas Range, for Electric Dryer, Washer Hookup
  • roofShingle
  • parkingPaved Drive, Off Street, Tandem, On Street, Paved
  • HEAT TYPEForced Air, Natural Gas, Oil
  • sewerPublic Sewer
  • SubstructureStone
  • other exterior FeaturesRain Gutters

Financial

  • Sales Price$1,825,000
  • Real Estate Tax $12,409/yr
  • Zoning NR

Somerville

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