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Somerville, MA Sold

400 Mystic Avenue Somerville MA 02145

Somerville, MA400 Mystic Avenue

Sale Price$15,900,000

Sold

MLS Number 72861340

  • MultiFamily
  • Bedrooms 47
  • Bathroom 47
  • Square Feet 9,999
  • Parking Spaces 30

Presenting 400 Mystic Avenue, a new construction 30 unit, mixed use apartment community located in Somerville, Massachusetts. The boutique luxury asset is comprised of 27 residential apartment units and 3 ground floor retail commercial spaces. The apartments are currently 95% occupied and the commercial spaces, which span between 932-1,128 SF respectively, are all fully leased. The luxury apartment homes consist of an ideal mix of 1- and 2-bedroom units, offer unique and spacious layouts, as well as best-in-market unit finishes. The oversized units are comprised of 7 one-bedroom, one bath units and 20 two-bedroom, 2 bath units. Additionally, the property is strategically located steps from Assembly Row (40+ retailers, 30+ dining options) and is surrounded by multiple upcoming transformative life science projects, totaling 1.9M SF of development located within 0.5mi of the asset. OFFERS DUE WEDNESDAY, AUGUST 11th.

Listed by Christopher Sower of Cushman & Wakefield

Listing Sold by Cushman & Wakefield

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$/month over payments
Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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19 Central Street Somerville MA 02143
Sold

MLS Number 72921917

  • MultiFamily
  • Bedrooms 99
  • Bathroom 30
  • Square Feet 999
  • Parking Spaces 33

The beautifully maintained, three-story building contains (30) residential units consisting of (15), 1-Bedroom/1-Bedroom units, (12), 2-Bedroom/1-Bathroom units, and (3), studio units in 20,580 sqft. of living area on a 0.56-acre parcel with parking for 33 vehicles. Since the buildings acquisition in 2019, 19 Central has undergone extensive renovations under current ownership. The majority of the units have been renovated with updated kitchens, bathrooms and flooring throughout. Additional renovations include refreshed common areas, updated electrical and window pane replacements. Building amenities include an on-site laundry facility, private storage, indoor bike racks and wall air conditioning units for all apartments. Located in the Spring Hill neighborhood of Somerville, in the path of the future Green Line Extension, the Property offers the rare opportunity to acquire a generational multi family asset with significant upside potential in one of the hottest real estate markets.

Listed by John Pentore and Dennis Kelleher of Horvath & Tremblay

Listing Sold by Horvath & Tremblay

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$/month over payments
Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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2 Broadway Somerville MA 02145
Sold

MLS Number 72483651

  • MultiFamily
  • Bedrooms 99
  • Bathroom 198
  • Square Feet 27,176
  • Parking Spaces 10

Broadway Residences is a newly-constructed, transit-oriented, mixed-use investment property located at the corner of Broadway and Mt Pleasant Street in Somerville, Massachusetts. The subject property is comprised of a brand-new, five-story apartment building and three adjacent buildings that were gut-renovated in 2015 as part of the development (collectively, the “Property”). The Property contains a total of 19 residential units, 5 street-level retail suites and new, onsite, garage parking. The transit-oriented development is extremely well located in the East Somerville neighborhood, just steps from the MBTA’s Sullivan Square Station, and within walking distance to the popular shopping, dining, fitness and entertainment options at Assembly Row.

Listed by Dennis Kelleher and John Pentore of Horvath & Tremblay

Listing Sold by Horvath & Tremblay

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$/month over payments
Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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56 Walnut St. & 4-6 Pleasant Avenue Somerville MA 02143
Sold

MLS Number 72660222

  • MultiFamily
  • Bedrooms 26
  • Bathroom 22
  • Square Feet 16,229

The Hollander Block consists of two majestic Queen Anne buildings on the corner of Walnut St & Pleasant Ave on Prospect Hill in Union Sq, one of the fastest growing neighborhoods in Somerville. This rare asset consists of 22 apartments - 20 one bed & 2 three bed units. The property is conveniently located just 3 blocks from bustling Union Sq, soon to be home to the new Green Line extension. The neighborhood boasts many great shops & restaurants including the recently established Bow Market. The Union Square Redevelopment has added to the upward trajectory that Union Sq has been experiencing and is poised to add 2.4 million sqft of office, retail and lab space. All leases are ending on varying dates in the summer of 2020, producing annual gross income of $525,000 with projected annual gross income of $591,000. There is significant value add opportunity through cosmetic updates and basic living area optimization. Rubber roofs replaced in 2002 & 2014, gas heat conversion in 2008.

Listed by Adam Umina and Mark Pearlstein of Metro Realty Corp.

Listing Sold by Horvath & Tremblay

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$/month over payments
Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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657 Somerville Avenue Somerville MA 02143
Sold

MLS Number 72431653

  • MultiFamily
  • Bedrooms 14
  • Bathroom 11
  • Square Feet 9,856
  • Parking Spaces 8

10 unit Building Built in 1985 with 6 garages and 8 outside parking Spaces. Cambridge/ Somerville line. Short 10 minute walk to Porter Sq Red Line T. Close to MIT,Harvard,Tufts.Davis Square,Porter Square and Union Square. Comprised of 1 Office,5 -1 bedrooms and 4 -2 bedrooms. A Prestigious Majestic Spacious Building made of Red Brick and Vinyl Siding. Very well taken care of by present owners. LOCATION,LOCATION, LOCATION

Listed by Jack Lister and Joanne Vanstry of Berkshire Hathaway HomeServices Verani Realty

Listing Sold by Compass

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$/month over payments
Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1295 Broadway Somerville MA 02144

Somerville, MA1295 Broadway

Sale Price$4,775,000

Sold

MLS Number 72173129

  • MultiFamily
  • Bedrooms 12
  • Bathroom 6
  • Square Feet 6,252
  • Parking Spaces 13

Great investment opportunity and potential cash cow! 6 family plus commercial buildings located at traffic signal at the corner of Broadway and North Street. Newer brick 6 family with 2 car parking per unit plus 1 parking space for management. Each unit is 2 bed with modern floor plans. All separate updated gas heating systems. Common coin op laundry room, newer roof. Commercial building is fully rented, 5 storefronts with 4 tenants. Buyer must do own due diligence as seller makes no representations as to future development. Conveniently located near Davis Square, Teele Square, Red Line, future Green Line extension, and Tufts. Easy access to Route 2, Route 16, and Route 93. Also for sale individually. 6 family MLS # 72172736, commercial buildings MLS # 72172741 (1295 and 1305 Broadway). Seller to review offers by noon Thursday June 15th. Group Showings Thursday June 8th 10am.

Listed by Shane Marrion and Jay Najarian of Benoit Real Estate Group,LLC

Listing Sold by Benoit Real Estate Group,LLC

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$/month over payments
Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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9 Aldersey Street Somerville MA 02143
Sold

MLS Number 72832188

  • MultiFamily
  • Bedrooms 10
  • Bathroom 5
  • Square Feet 3,468
  • Parking Spaces 6

Prime Location; permitted for 11 luxury condominium units; a contractor’s dream. Less than 1,000 foot stroll to Union Square This 25,000 square foot parcel is in the attractive Prospect Hill area; it has an historic 3 unit structure with Special Permit and Certificate of Appropriateness for additional 8 units (one to be ‘affordable’); it is within comfortable walking distance of Highland Ave. and Union Square with its new Green Line.The site is sloped from back to front; 200' of frontage; a depth of 125'; all utilities are present; no unusual construction requirements; the permitted FAR is .75 or 18,750 sq. ft.; 24 parking spaces. The existing structure is sound and sturdy with 9’ basement and gravity sewer. The interior can be easily and completely modernized. Currently three TAW.

Listed by Jean Tepaske of Davis Design / Development

Listing Sold by Davis Design / Development

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$/month over payments
Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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305 Highland Avenue Somerville MA 02144
Sold

MLS Number 72617535

  • MultiFamily
  • Bedrooms 16
  • Bathroom 9
  • Square Feet 1,250
  • Parking Spaces 13

RARE OPPORTUNITY! This is your chance to own 3 separate 3-families on desirable Highland Ave in Somerville! These properties have been owned and lovingly maintained by the same family for over 115 years. There are 16 BR's, 9 BA's, built in hutches, beautiful hardwood floors and newer heating systems. Highland Ave features 13 off street parking spaces, a large common yard and 2 car garage. 305 & 307 have the same layouts in each unit and there is coin-op laundry in the basement of #305. Building #309 has a different layout with two units up/down on the left and a 2 level apartment on the right. Conveniently located, these properties are a short distance to the red line, Davis & Porter Sq. Great rental history for all 3 buildings. Please see details for each building attached here on MLS for review or visit our website for drone video, rent details and property layout. Viewings to be held at broker tour and open houses. Offers due Wed 2/19/20 by noon.

Listed by Melanie Lentini of Leading Edge Real Estate

Listing Sold by Leading Edge Real Estate

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$
%
$/month over payments
Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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79 Beacon Street Somerville MA 02143

Somerville, MA79 Beacon Street

Sale Price$4,275,000

Sold

MLS Number 72708722

  • MultiFamily
  • Bedrooms 24
  • Bathroom 6
  • Square Feet 8,268
  • Parking Spaces 7

Unique opportunity to own 2 WELL MAINTAINED multi-families only steps from CAMBRIDGE, allowing you the best of both cities! You will own 6 LARGE UNITS with 24 bedrooms,6 bathrooms and 9+ PARKING spaces! Large common OUTDOOR SPACE & PRIVATE DECKS. Ability to make one bedroom a HOME OFFICE. The owner has taken much pride in the maintenance of these bright and clean buildings. All WINDOWS have been replaced.Newer HEATING SYSTEMS and ROOFS.LAUNDRY available in both 1st floor units and common laundry in the basement for remaining units.UPGRADES include kitchens/baths and appliances. Not far from the future Union Square green line extension and Kirkland Village.Location- steps to Inman Sq, Harvard Square, MIT, Harvard University, Whole Foods, pubs, breweries, shops, restaurants, cafés and more. City views from some units.Convenient location if you work for any of the major biotech or pharmaceutical companies.Don't miss out on this rare opportunity. Set up your private showing today.

Listed by Melanie Lentini of Leading Edge Real Estate

Listing Sold by Sterling Beacon Hill

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$
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$/month over payments
Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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6 Rush Street Somerville MA 02145

Somerville, MA6 Rush Street

Sale Price$3,950,000

Sold

MLS Number 72897796

  • MultiFamily
  • Bedrooms 13
  • Bathroom 12
  • Square Feet 6,509
  • Parking Spaces 6

Rare opportunity to purchase a beautiful new renovation 6 family property featuring a mix of 2-3 bedroom/2 bath units, each with parking and private outdoor space, all steps from the shops and restaurants on Broadway. The units are renovated to a high-end condominium quality with white shaker kitchens, stainless steel appliances, quartz countertops, tile baths, hardwood floors, crown moldings, in-unit laundry, central HVAC with air conditioning and a high attention to detail and craftsmanship. The property is situated on an oversized 7375 sq/ft lot with a large parking lot for 6 vehicles plus a spacious rear yard. This is an amazing A+ investment grade asset in a popular Somerville location. 3 units currently occupied with a rent roll of $10,545/month. 3 additional similar sized units are vacant and ready to rent. Make this the asset you pass down through the generations. Call for a private showing today!

Listed by The Residential Group and Jason Manganello of William Raveis R.E. & Home Services

Listing Sold by United Real Estate, LLC

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$
%
$/month over payments
Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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76 Perkins Street Somerville MA 02145
Sold

MLS Number 72734842

  • MultiFamily
  • Bedrooms 24
  • Bathroom 12
  • Square Feet 8,688
  • Property SubType 5-9 Family

Completely renovated in 2018, 76-78 Perkins Street is a boutique, 6-unit apartment building that offers condo quality finishes and unparalleled commuter access. The 100% occupied property boasts six (6) spacious, four (4) bed, two (2) bath apartments homes that each feature stainless steel appliances as well as in unit washers and dryers, all located steps from the MBTA’s Sullivan SQ Station. Strategically located in one of the most rapidly evolving neighborhoods in the Greater Boston area, the property is surrounded by multiple on-going and upcoming transformative developments, such as Assembly Row, Encore Boston Resort and Casino, Cambridge Crossing, Hood Park, and the Green Line Extension. 76 Perkins offers a rarely available, cash-flowing, turnkey investment opportunity, located in a historically, high barrier to entry market. Current rent roll brings in more than $300,000+ annually and offers very strong in-place yield - approx. 5.5% CAP rate and north of a 9% Cash on Cash return.

Listed by Christopher Sower of Colliers International

Listing Sold by Hartley Realty Group

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$
%
$/month over payments
Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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54 Newton Street Somerville MA 02143
Sold

MLS Number 72687898

  • MultiFamily
  • Bedrooms 17
  • Bathroom 12
  • Square Feet 6,108

10 UNIT ROW HOUSE IN HIGHLY DESIRED INMAN SQUARE!!!! Well maintained townhouse style units all currently occupied. Owner has updated most of the units over the years with newer kitchens, vanities, appliances, flooring, doors, light fixtures, and fresh paint. All units have separate gas heating, hot water heaters, and electric panels. New retaining wall, patio work, and in the process of replacing the roof. Opportunity for new owner to increase rents as the units are occupied under market value. Most leases expire at the end of July and August. Somerville is considered one of the best rental markets in the Greater Boston area and only has room to grow once the new train stop is up and running. Rent Roll and expense sheet attached.

Listed by Mike DeStefano of Coldwell Banker Residential Brokerage - Waltham

Listing Sold by ABG Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.