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5-9 School St/2 Quincy St, Somerville, MA 02143

27 Bed, 15 Bath Multi-Family Home For Sale

5-9 School St/2 Quincy St, Somerville, MA 02143 House For Sale - MLS #72459226
$4,888,000
27
15
Multi-Family
5+ Family
11

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Property Description for 5-9 School St/2 Quincy St, Somerville, MA 02143

This 11-unit investment portfolio is comprised of a 9-unit brick row house/mansard style building, a 2-unit building, and 5 garage spaces, all situated on 10,558 square feet of contiguous land. Unit compositions include 7 cozy 2 bedrooms, 2 apartments with finished walkout basements used as 2 or 3 bedrooms, 1 apartment with 3 bedrooms /2 bathrooms and a finished basement, and a two-level apartment with 4 bedrooms/2 bathrooms. 9-unit building highlights include some wide pine floors, bay windows, exposed brick, and large back porches. 2-unit building highlights include larger apartments, hardwood floors, enclosed porches, and modern kitchens and bathrooms. With a Walk Score © of 93, the property is ideally located near Union Square, Porter Square, and offers easy access to Harvard and Boston. Current zoning is BA. This is a rare opportunity to acquire critical mass with incredible upside potential in a highly coveted area.

Interior Details

11,106 sq. ft.
$440.12/sq. ft.

Exterior Details

0.24 acres
10,558 sq. ft.
5 Garage Spaces
6

Other Details

72459226
1890

Units Description

Unit #1
Rooms: 6      Bedrooms: 3      Full / Half Baths: 2      Levels: 2      Floor: 1      Rent: $2,700      Lease: Yes
Rooms : Living Room; Kitchen
Interior Features : Hardwood Floors
Heating : Hot Water Radiators; Gas

Unit #2
Rooms: 7      Bedrooms: 4      Full / Half Baths: 2      Levels: 2      Floor: 2      Rent: $3,500      Lease: Yes
Rooms : Living Room; Kitchen; Other (See Remarks)
Appliances : Range; Dishwasher; Disposal; Refrigerator; Washer; Dryer

Unit #3
Rooms: 5      Bedrooms: 3      Full / Half Baths: 2      Levels: 2      Floor: 1      Rent: $2,700      Lease: Yes
Rooms : Living Room; Kitchen

Unit #4
Rooms: 5      Bedrooms: 2      Full / Half Baths: 2      Levels: 2      Floor: 1      Rent: $2,000      Lease: Yes
Rooms: Living Room; Kitchen; Other (See Remarks)

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Monthly Mortgage Payments

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$30,923

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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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