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$2,000,000
Total Beds: 8 Total Baths: 5
Total Units: 3 SQFT: 3109
LOT size: 0.09 Acres
67 Wheatland St
Somerville, MA 02145
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Property Description

67 Wheatland consists of a three-story building with 3 residential units consisting of (2) 3.5-Bedroom/2-Bathroom units and (1) 2-bedroom/1-bathroom unit. Units 1 and 2 will vacate at the end of their current leases, allowing the opportunity for an owner-user acquisition. 67 Wheatland Street is a turn-key Property with condo quality finishes including new hardwood flooring throughout, new kitchens with new cabinetry, quartz and granite (unit 1) countertops, stainless steel appliances, and new bathrooms with modern amenities. The first floor features a forced hot air heating and central air conditioning system, and the second and third floor units have forced hot water baseboard heat. The building has been completely renovated with a new roof, new Hardie Plank siding, new windows, and a freshly paved driveway and rear parking lot with capacity for 4 cars. The Property is separately metered for heat, hot water and electricity and also features a laundry facility in the basement.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 8
  • Total Full Baths: 5
  • Amenities: Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails

Financial

  • APOD Available: Yes
  • Gross Operating Income: 131560
  • Gross Expenses: 30178
  • Net Operating Income: 101382

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73364699
  • Last Updated: 04/29/25

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Map

Seller's Representative: Kelleher - Pentore Team, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
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 2025-04-29 03:05:00

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