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40 Otis St, Somerville, MA 02145

6 Bed, 2 Bath Multi-Family Home For Sale

40 Otis St, Somerville, MA 02145 House For Sale - MLS #72573243
$759,900
6
2
Multi-Family
2 Family

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Property Description for 40 Otis St, Somerville, MA 02145

$40K PRICE REDUCTION! Fantastic investment! Attention Owner Occupants or Investors! Great location in East Somerville! Short distance to so much... Assembly Row, Sullivan Sq T, Rt 93, McGrath Hwy, Trum Field and more. This DELEADED 2 family features good sized bedrooms and hardwood floors on the 1st and 2nd floors. All separate utilities. 5-6 car parking plus 2 car garage. The house is solid and needs some updating but well worth it. Some vinyl windows and some older. 1st floor furnace newer installed in 2016 and H2O tank 2017. 2nd furnace older but in working order with H2O tank installed in 2012. 1st floor unit lease ends 4/2020 and 2nd floor unit will be delivered vacant. Basement is equipped with add'l 1/2 bath and kitchenette (without stove, as is code) and storage area. Amazing opportunity to own a 2 family in East Somerville which is booming! Upcoming showings at Open house only Sat (10-26) 11-12pm.

Interior Details

2,359 sq. ft.
$322.13/sq. ft.

Exterior Details

0.08 acres
3,650 sq. ft.
2 Garage Spaces
2

Other Details

72573243
1890

Units Description

Unit #1
Rooms: 5      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 1      Rent: $1,392      Lease: Yes
Rooms : Living Room; Dining Room; Kitchen
Appliances : Range; Refrigerator
Interior Features : Cable TV Available
Heating : Hot Water Baseboard; Gas; Individual
Rent Includes : Water

Unit #2
Rooms: 7      Bedrooms: 4      Full / Half Baths: 1      Levels: 2      Floor: 2      Rent: $2,250      Lease: Yes
Rooms : Living Room; Kitchen
Appliances : Range; Disposal
Interior Features : Cable TV Available
Heating : Hot Water Baseboard; Gas
Cooling : Wall AC
Rent Includes : Water

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Monthly Mortgage Payments

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$4,807

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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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