Multi-Family for Sale: 220 Summer St, Somerville, MA 02143 SOLD

8 beds
4 full baths
3,376 sqft
$1,825,000
$1,825,000
220 Summer St, Somerville, MA 02143 SOLD
8 beds
4 full baths
3,376 sqft
$1,825,000
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Selling Price: $1,825,000
Original List Price: $1,850,000
Sold at 98.6% of list price
Sold Date: 10/16/2024

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Type Multi-Family
Beds 8
Total Baths 4 full baths
Square Feet 3,376 sqft
Lot Size 0.07 acres
Year Built 1886
City Somerville
County Middlesex
MLS 73280900
Status Closed
DOM 55 days
Group showing: 1-2PM, Sun, 8/25/24. Opportunity knocks! Exceptional three-family residence situated within 1 mile to Porter Sq, David Sq, Union Sq and Magoun Sq, as well as Harvard U. and Lesley U. This newly renovated three-family property offers a compelling opportunity for investors seeking stable, long-term returns, or condo conversion, or a buyer looking for an owner-occupied three-family to live in while generating income to put towards your mortgage. The expansive first unit features three generously sized bedrooms and two full baths. Second unit comes with three bedrooms and a full bath. Third unit offers two bedrooms and one bathroom. Both unit 1 and 2 have a back porch. The spacious driveway can fit three cars. All units already renewed the leases: Unit#1/$3700 per month; Unit#2/$3300 per month; Unit#3/$2900 per month. High ceiling of the full size basement and all units provides perfect opportunity to developers. Pls come and check it out. Don’t miss out the opportunity

Virtual Tours for 220 Summer St Somerville, MA

Lot & Building Features

Appliances Dishwasher, Washer, Refrigerator, Freezer, Dryer, Disposal
Construction Frame, Stone, Post & Beam
Heating Forced Air, Oil, Natural Gas
Sewer Public Sewer
Tax Year 2024
Taxes Paid $12,409
Water Public
Foundation Stone
Exterior Features Rain Gutters
Interior Features Dining Room, Stone/Granite/Solid Counters, Living RM/Dining RM Combo, Laundry Room, Kitchen
Roof Shingle
Full Baths 4
Parking Off Street, Tandem, Paved Drive, Paved, On Street
Total Rooms 12
Basement Feature Full, Unfinished
Garage Spaces 0
Fireplaces 2

Price History of 220 Summer St, Somerville, MA

Date Name Price Difference
08/22/2024 Listing Price $1,825,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 220 Summer St, Somerville, MA

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Photo of Mike Burt
Direct: 603-296-5969
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Coldwell Banker Realty - Cambridge, Nathan Long
Sold by RE/MAX Destiny, Sage Jankowitz
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6.75%
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Listing information courtesy of: Coldwell Banker Realty - Cambridge

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