Multi-Family for Sale: 282 Summer St, Somerville, MA 02144 SOLD

6 beds
3 full baths
3,484 sqft
$1,734,000
$1,734,000
282 Summer St, Somerville, MA 02144 SOLD
6 beds
3 full baths
3,484 sqft
$1,734,000
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Selling Price: $1,734,000
Original List Price: $1,800,000
Sold at 96.3% of list price
Sold Date: 11/14/2023

Type Multi-Family
Beds 6
Total Baths 3 full baths
Square Feet 3,484 sqft
Lot Size 0.09 acres
Year Built 1875

City Somerville
County Middlesex

MLS 73127334
Status Closed
DOM 147 days
Updated Porter/Davis Square three family is a rarely available investment opportunity. This updated cash cow is steps to both the MBTA Redline Porter and Davis Sq stops, 1.5 miles from both the Harvard/Radcliffe Quad and Tufts University, and just over 3 miles from Boston Financial District. With a WalkScore of 95, a BikeScore of 96, this property also has a long history of top rents. Three 2 br/1 ba apartments with tandem parking for 3 cars. Recent updates include new siding, new back decks, updated kitchens and bathrooms. Fully leased @ over $10,000/m from 9/1/23-8/31/24. A rare opportunity to be added to a savvy investor's portfolio.

Lot & Building Features

Construction Frame
Sewer Public Sewer
Tax Year 2023
Taxes Paid $13,486
Water Public
Foundation Stone
Exterior Features Porch
Roof Rubber, Shingle
Full Baths 3
Parking Off Street, Paved Drive
Total Rooms 12
Garage Spaces 0

Price History of 282 Summer St

Date Name Price Difference
10/05/2023 Price Adjustment $1,734,000 8.74%
06/21/2023 Price Adjustment $1,900,000 5.56%
06/20/2023 Listing Price $1,800,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 282 Summer St, Somerville, MA

Location Map Street View
Photo of Jim Giampa
Jim Giampa
Manager / Broker
Direct: 603-235-5887
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate, Charles Ball
Sold by Compass, Denman Drapkin Group
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Berkshire Hathaway HomeServices Commonwealth Real Estate

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