Lucia Ponte | Saugus Real Estate, Lynnfield Real Estate, Malden Real Estate, Wakefield Real Estate

40 Otis St, Somerville, MA 02145  

East Somerville
Multi-Family
$759,900
Price
2
Units
2,359
Approx. GLA
$40K PRICE REDUCTION! Fantastic investment! Attention Owner Occupants or Investors! Great location in East Somerville! Short distance to so much... Assembly Row, Sullivan Sq T, Rt 93, McGrath Hwy, Trum Field and more. This DELEADED 2 family features good sized bedrooms and hardwood floors on the 1st and 2nd floors. All separate utilities. 5-6 car parking plus 2 car garage. The house is solid and needs some updating but well worth it. Some vinyl windows and some older. 1st floor furnace newer installed in 2016 and H2O tank 2017. 2nd furnace older but in working order with H2O tank installed in 2012. 1st floor unit lease ends 4/2020 and 2nd floor unit will be delivered vacant. Basement is equipped with add'l 1/2 bath and kitchenette (without stove, as is code) and storage area. Amazing opportunity to own a 2 family in East Somerville which is booming! Upcoming showings at Open house only Sat (10-26) 11-12pm.
Open House
Saturday
October 26 at 11:00 AM to 12:00 PM
Cannot make the Open Houses?
Location: 40 Otis St, Somerville, MA 02145    Get Directions
Highlights
Terms: Contract for Deed
Area/Village: East Somerville
Basement Features: Full, Partially Finished, Walk Out, Interior Access, Sump Pump, Concrete Floor
List Price: $759,900
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Active
Beds: 6
Baths: 2
Units: 2
Year Built: 1890
Year Round: Yes
Approx. GLA: 2,359
MLS#: 72573243
 
Interior
Basement: Yes
Cooling Units: See Details Now
Cooling Zones: See Details Now
Electricity Cost: See Details Now
Electric Features: See Details Now
Heating Units: See Details Now
Heating Zones: See Details Now
Flooring: See Details Now
Energy: See Details Now
Fireplaces: See Details Now
Hot Water: See Details Now
Rooms: 12
Green Certification: See Details Now
Lead Paint: See Details Now
Total Floors: 3
UFFI: See Details Now
Exterior
Water: See Details Now
Facing: See Details Now
Acres: 0.08
Lot Size: 3,650.00
Lot Description: See Details Now
Foundation: See Details Now
Foundation Size: See Details Now
Waterfront: See Details Now
Waterview Feat.: See Details Now
Garage Spaces: 2
Parking Spaces: 2
Parking Features: See Details Now
Road Type: See Details Now
Color: See Details Now
Construction: See Details Now
Roof Material: See Details Now
Utility: See Details Now
Exterior: See Details Now
Exterior Features: See Details Now
Sewer/Water: See Details Now
Water: See Details Now
Water: See Details Now
Sewage District: See Details Now
Taxes
Short Sale Lender Approval: See Details Now
Title 5: See Details Now
Lender Owned: No
APOD Available: See Details Now
Assessed Price: $635,100
Taxes: $6,834
Tax Year: 2019
Book/Page: See Details Now
Zoning: See Details Now
Warranty Available: See Details Now
School
Grade School: See Details Now
Middle School: See Details Now
High School: See Details Now
Beach
Beach: See Details Now
Miles to Beach: See Details Now
Beach Description: See Details Now
Beach Ownership: See Details Now
Expenses
Expenses Source: See Details
Gross Income: See Details
Gross Expenses: See Details
Total Rent: See Details
Net Income: See Details
Gas Cost: See Details
Heat Cost: See Details
Insurance Cost: See Details
Management Cost: See Details
Refuse Cost: See Details
R&M Cost: See Details
Sewer Cost: See Details
Water Cost: See Details
Misc. Cost: See Details
 
Additional
Amenities: See Details Now
Exclusions: See Details Now
Disclosure Declaration: See Details Now
Disclosure: See Details Now
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 0 Yes 1 $1,392
Unit 2 7 4 0 2 1 0 Yes 2 $2,250
Units Extras
Unit 1
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas, Individual  Interior:  Cable TV Available  Rooms:  Living Room, Dining Room, Kitchen 
Unit 2
Rent Includes:  Water  Cooling:  Wall AC  Applicances:  Range, Disposal  Heating:  Hot Water Baseboard, Gas  Interior:  Cable TV Available  Rooms:  Living Room, Kitchen 
Map
Area Sales
Similar Listings
The listing office is RE/MAX Trinity and the listing agent is Joseph Duggan. The property listing data and information, or the images, 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, and the images, 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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
Loading