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Home Massachusetts Multi-Family Homes for Sale

5-7 Cottage Avenue Somerville, MA 02144
17 Days on Jacob RealtyPrice Reduced $100,000
35
$1,795,000
Total Beds: 3 Total Baths: 3
Total Units: 3 SQFT: 3007
LOT size: 0.08 Acres
5-7 Cottage Avenue
Somerville, MA 02144
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Property Description

Lovely 3-family with 2-bay garage and double-wide driveway on a pretty residential street in prime Davis Sq. location. Excellent rental history. Notable features include updated kitchen in Unit 1; updated kitchen in Unit 2 w/gas cooktop, separate oven, vent hood, butcher block counters, ss appliances; w/d and wood burning fp in Unit 2; recently rebuilt front and rear porches; shared bsmt w/d for Units 1 and 3; large windows; hardwood floors; front and side garden/yard; rear patio. All 3 units are 1 bed/1 bath with leases thru 8/31/24; Unit 1 could be delivered vacant by July 1. Would also convert nicely to 2 units (see uploaded plans) or single family. Enjoy the many delights of Davis Sq. – shops, restaurants, nightlife, Red Line subway stop. Cottage Ave. is also walkable to the Porter Sq. Red Line and commuter rail stations, 2 new GLX stations, and to Ball, Magoun, and Teele Sqs. Easy commute by bike, foot, or public transit to Harvard, MIT, and Tufts; near major highways and airport.
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Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 3
  • Total Full Baths: 3
  • Total Fireplaces: 1
  • Amenities: Bike Path, Conservation Area, Highway Access, Park, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Ceiling Fans, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Vent Hood, Wall Oven, Washer
  • Common Heating: Electric, Electric Baseboard, Forced Air, Forced Air, Oil, Oil, Radiant, Space Heater

Financial

  • APOD Available: No
  • Gross Operating Income: 83400
  • Net Operating Income: 83400

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 3 Family
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73229155
  • Last Updated: 05/11/24

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Map

Seller's Representative: Thalia C. Tringo, Thalia Tringo & Associates Real Estate, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 2.5
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-05-11 03:05:00

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