Somerville, MA 02143,51 Oak St
Somerville, MA 02143,51 Oak St
Somerville, MA 02143,51 Oak St
21
$2,950,000
$3,600,000
18.1%
Est.Price: ?

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4 BD
2 BA
3,120 SqFt

51 Oak St Somerville, MA 02143

Est. payment /mo
SOLD DATE : 12/07/2021

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Key Details

Sold Price $2,950,000

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $945

MLS Listing ID 72900678

Bedrooms 4

Full Baths 2

Year Built 1900

Annual Tax Amount $17,978

Tax Year 2021

Lot Size 6,098 Sqft

Property Sub-Type 5-9 Family

Property Description

FOR SALE near Inman Square and new green line extension - A total of 8 units consisting of two buildings with 4 units each including ON-SITE PARKING. Units approx. 780 sf +/- w/ 2 bedrm. and 1 bath. Separate heat and electric for each unit. Several units recently upgraded. Laundry not included but possible in basements. Great investor opportunity to keep revenue flowing while conversion to condo or upscale rentals is possible. Expiring leases for each tenant with pro forma available for interested buyers. The added value to this property is that one's commute by auto, walking, bicycling or public transportation puts one near Cambridge, MIT and Harvard University and this location has to offer.

Location

State MA

County Middlesex

Area Inman Square

Zoning RB

Building

Lot Description Level

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Acceptable Financing Seller W/Participate

Listing Terms Seller W/Participate

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Listed by Stephen Cefalo Real Estate
Bought with Danny Zheng • Keller Williams Realty
agent

Eric Coury

Realtor - Team Manager

+1(508) 838-6956

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