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Prepared for : Mar-07-2021 09:57:22 am
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86 Sycamore Street
Somerville, MA. 02145
Middlesex County
Directions:
Highland Ave To Sycamore
MLS # 72678587
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Sold
Multi-Family 3 Family Grey
List Price |
$1,450,000 |
Days on Market |
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List Date |
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# Units |
3 |
Sale Price |
$1,420,000 |
# Floors |
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Sold Date |
9/11/20 |
Rooms |
17 |
Assessed Value |
$1,204,400 |
Bedrooms |
9 |
Gross Living Area |
4,499SF |
Full Baths |
4 |
Lot Size |
4,356SF |
Half Baths |
0 |
Taxes |
$12,152.40 |
Fireplaces |
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Tax Year |
2020 |
Basement |
Yes |
Zoning |
RA |
Waterfront |
No |
Est. Street Front |
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Beach Nearby |
No |
Year Built |
1920 |
Parking Spaces |
5 |
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Garage Spaces |
1 |
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Remarks:
Cash Cow! Don't miss this rare updated/modern huge 3 family home just off Medford St close to award winning restaurants, pubs, transportation, shopping, 5 mins walk to new green line T subway stop! Including the finished basement space, total living area is 4,499 square feet. Current gross annual income is $87,600, current rents are likely under market value. All 3 units leased until 8/31/20, tenants want to stay if possible. Property includes 5 porches, driveway for 4 cars & rare nice sized garage! Many recent improvements including new roof, 3 new gas boilers, new hot-water tanks, newer windows throughout, new paint interior & exterior. Coin operated W/D included. Very well cared for home from top to bottom! Incredibly handy location within .5 miles to 30 restaurants/cafes and just 1.4 miles to Harvard & Tufts Univ, 1.3 miles to Assembly Sq, 2.7 miles to MIT, less than 2 miles to Boston! Walkscore of 85!!! Easy to see or show!
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Features |
Amenities Public Transportation, Shopping, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University Basement Full, Partially Finished, Walk
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Out, Interior Access, Sump Pump, Exterior Access Construction Frame, Stone/Concrete Electricity Circuit Breakers Energy Insulated Windows, Prog. Thermostat
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Exterior Shingles, Wood Exterior Feat. Porch, Deck, Gutters, Garden Area Flooring Wood Foundation Fieldstone Hot Water Natural Gas, Tank Lead Paint Certified Treated, Unknown
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Lot Paved Drive, Level Parking Off-Street, Paved Driveway Road Public Roof Asphalt/Fiberglass Shingles, Rubber Sewer / Water City/Town Sewer, City/Town Water Utility Connections for Gas Range
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Units |
Common Features
Rooms: Laundry
Unit 1
Appliances: Range, Refrigerator; Bedrooms: 4; Floor: 1; Full Baths: 2; Heating: Hot Water Baseboard, Gas; Interior: Pantry, Balcony/Deck, Hardwood Floors, Walk-In Closet, Bathroom With Tub & Shower; Lease: Yes; Levels: 2; Rent: 2900; Rent Includes: Water; Rooms: 8; Rooms Desc.: Living Room, Dining Room, Kitchen
Unit 2
Appliances: Range, Dishwasher, Microwave, Refrigerator; Bedrooms: 3; Floor: 2; Full Baths: 1; Heating: Hot Water Baseboard, Gas; Interior: Balcony/Deck, Hardwood Floors, Upgraded Cabinets, Bathroom With Tub & Shower, Remodeled; Lease: Yes; Levels: 1; Rent: 2600; Rent Includes: Water; Rooms: 5; Rooms Desc.: Living Room, Kitchen
Unit 3
Appliances: Range, Refrigerator; Bedrooms: 2; Floor: 3; Full Baths: 1; Heating: Hot Water Baseboard, Gas; Interior: Pantry, Balcony/Deck, Bathroom With Tub & Shower; Lease: Yes; Levels: 1; Rent: 1800; Rent Includes: Water; Rooms: 4; Rooms Desc.: Living Room, Kitchen
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Financial Info |
Gross Oper. Income $87,600
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Net Oper. Income $87,600
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Additional Information |
APOD Available? Yes Anticipated Sale Date 09/11/2020 Deed Book: 71551, Page: 96 Disclosures Unit 2 is Lead Compliant. All
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leases end 8/31/20. Agent is seller. Seller to perform 1031 Tax deferred exchange with sale. Must wear mask/gloves/booties to see home/ practice CDC guidelines. Must sign
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Covid 19 Waiver before seeing. Foreclosure No GLA Includes Basement Yes GLA Source Public Record Off Market Date 7/21/20
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Seller Disclosure Doc No Short Sale No Year Built Desc. Approximate Year Built Source Public Record
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Property Last Updated by Listing Office: 9/12/20 11:11am
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Courtesy: MLSPIN
Listing Office: Compass
Listing Agent: The Shorey Realty Group
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The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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