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160-166 Broadway, Somerville, MA 02145

24 Bed, 8+ Bath Multi-Family Home For Sale

160-166 Broadway, Somerville, MA 02145 House For Sale - MLS #72344245
$3,995,000
24
8 Full Bath, 2 Half Bath
Multi-Family
5+ Family
12

Property Description for 160-166 Broadway, Somerville, MA 02145

Originally built in 1880 as four prominent attached row houses. Each comprising of one main floor commercial storefront and residential units above. Today, the historic charm of the building remains and is being sold as one investment. The property is comprised of 8 residential units and 4 commercial bays. One store is occupying the entire commercial space and will be vacating. The residential units above each commercial space are a one- level, 2 bed/1 bath and above that, a two-level, 4 bed/ 1 bath with an open floor plan. Many units have exposed brick and all have hard wood floors. All the residential units were updated approximately 20-25 years ago to include windows, new trim and doors, floors, walls and ceilings. At the same time, the electric service was updated to 200 amp service per unit and all electric baseboard heat with separate zones, providing separate utilities - except one unit that has gas heat and cooking. All units also have separate hot water heaters.

Interior Details

11,262 sq. ft.
$354.73/sq. ft.

Exterior Details

0.11 acres
4,775 sq. ft.

Other Details

72344245
1880
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(20%)

Monthly Mortgage Payments

$18,147
$25,274

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Town Description

The City of Somerville is an urban industrial city in the Mystic Valley on the Boston transportation corridor to the northwest. It occupies about 4.1 square miles along the divide between the lower...

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