Sold
Last Sold Price
6 beds3,959 sqft
50 Springfield St, Somerville, MA 02143
Multi FamilyProperty Type
0.08 acresLot Size
1920Year Built
$253/sq ftPrice per sq ft
4 carsParking Spaces

Description

Investor alert. This multi-family offers a lot of potential top floor and second floor offers a 2 bedroom, family room, full bathroom, plus an extra room off the kitchen. First floor is a spacious two bedroom, kitchen, family room, full bathroom. Parking for all units in driveway. This property is located in a prime location in Inman square and close to Porter Square and Harvard Square also close to public transportation Solid rental history currently rented below market rate.Investor alert. This multi-family offers a lot of potential top floor and second floor offers a 2 bedroom, family room, full bathroom, plus an extra room off the kitchen. First floor is a spacious two bedroom, kitchen, family room, full bathroom. Parking for all units in driveway. This property is located in a prime location in Inman square and close to Porter Square and Harvard Square also close to public transportation Solid rental history currently rented below market rate.
  • Listed by: Debbie Furtado • RE/MAX Andrew Realty Services
Listing closed: 12/28/2015 12:00 AM • Source: MLS PIN, MLS#: 71921206

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Recent comparable sales

Median sold price

$1,426,000

Avg days on market

28

Sale-to-list ratio

102.1%

Somerville, MA

9 comparable properties found

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Location

Listing Courtesy of RE/MAX Andrew Realty Services, Debbie Furtado

Sold By RE/MAX Andrew Realty Services, John Veneziano

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$5,914 per month

30 year fixed, 6.71% Interest

Principal and Interest

$5,168

Property Taxes

$747

HOA Dues

$0

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Property Information for 50 Springfield Street

Property Details
  • Taxes: $8,961 / year
  • MLS Type: Multi-family / 3 Family
  • Town: Somerville
  • MLS Area: Inman Square
  • Area: MA-Somerville-Inman Square, MA-Somerville
  • Garage Spaces: 0
  • Open Parking Spaces: 4.00
  • Parking Spaces Total: 4
Building Information
  • Stories: 6
  • Residences: 3
  • Year Built: 1920
  • Lot Size: 0.08 AC / 3,484 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 3959.0
  • Color: Beige
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range), Gas Water Heater, Utility Connections for Gas Range
  • Basement Features: Full, Walk Out, Sump Pump, Concrete Floor, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Carpet, Laminate, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors), Unit 3(Tile Floor)
  • Interior Features: Unit 1(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen, Office/Den), Unit 2 Rooms(Living Room, Other (See Remarks)), Unit 3 Rooms(Living Room
Exterior Features
  • Construction: Brick, Stone
  • Exterior Features: Rain Gutters, Storage Shed
  • Exterior Features: Fenced Yard, Storage Shed
  • Fencing: Fenced
  • Lot Description: Corner Lot
  • Roof Material: Shingle, Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Unit 3(Forced Air)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: 758531
  • Assessments: $710,700
  • Book: 6679
  • Tax Year: 15
  • Zoning: RES
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 3
Income / Expenses
  • GOI: $27,600.00
  • NOI: $27,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $23,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 50 Springfield Street

DateEvent & SourcePriceAppreciation
Dec 28, 2015

Sold (Public Record)

Public Record #563373877

$1,000,000
Dec 28, 2015

Sold

MLS PIN #71921206

$1,000,000
Oct 22, 2015

Under Agreement

MLS PIN #71921206

DateEvent & SourcePrice
12/28/2015

Sold (Public Record)

Public Record #563373877

$1,000,000
12/28/2015

Sold

MLS PIN #71921206

$1,000,000
10/22/2015

Under Agreement

MLS PIN #71921206

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 50 Springfield Street

Taxable ValueLand$742,600Additions$1,062,000Total$1,804,600
Tax Record2025$19,688 ($1,641 / month)
Home Facts
Baths3Total Finished SqFt3,959 SqFtAbove Grade Finished SqFt3,959 SqFtStories3Lot Size3,320 SqFtStyleTriplexYear Built1920Year Renovated1920ZoningNRCountyMIDDLESEXAPNSOME M:76 B:C L:14

Schools near 50 Springfield Street

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - 7 to 8
Rating
School
Distance
Somerville High School
Public9 to 12

East Somerville Community School
PublicPK to 8

Next Wave Junior High School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Andrew Realty Services, Debbie Furtado

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.