12 Pleasant Avenue

Somerville, MA 02143

$2,421,000
Last Sold Price
12
Beds
6
Baths
4,443 Sq. Ft.
$545 / Sq. Ft.
4,443
Sq. Ft.
$545
per Sq. Ft.

Description

Experience the charm and beauty of the Elijah Walker House on Pleasant Avenue in Prospect Hill. This is a six-unit residential property built in the Second Empire style of 1873 on a spacious lot with luscious side yards and a backyard patio space. Updates were made to separately meter all units with their own gas heating and indirect fired water heaters. The slate roof and ornate woodwork of the exterior have been well-maintained. The front entrance is met with an incredible wood staircase and spacious...Experience the charm and beauty of the Elijah Walker House on Pleasant Avenue in Prospect Hill. This is a six-unit residential property built in the Second Empire style of 1873 on a spacious lot with luscious side yards and a backyard patio space. Updates were made to separately meter all units with their own gas heating and indirect fired water heaters. The slate roof and ornate woodwork of the exterior have been well-maintained. The front entrance is met with an incredible wood staircase and spacious landings outside unit doors. All current tenants are at-will, and 1 has recently given notice to move out. Acquire a turnkey trophy property in one of Somerville's most sought-after locations.
  1. Listed by Jonathan Hindmarsh • Gibson Sotheby's International Realty

Property Details for 12 Pleasant Avenue

Town
Somerville
MLS Area
Prospect Hill
Area
MA-Somerville-Prospect Hill, MA-Somerville
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of Gibson Sotheby's International Realty, Jonathan Hindmarsh

Sold By Gibson Sotheby's International Realty, Jonathan Hindmarsh

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LISTING UPDATED: 02/01/2024 12:32 PM

Property Details for 12 Pleasant Avenue

StatusSold
MLS #73107721
Days on Market131
Taxes$16,230 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1890
CountyMiddlesex County

Location

Listing Courtesy of Gibson Sotheby's International Realty, Jonathan Hindmarsh

Sold By Gibson Sotheby's International Realty, Jonathan Hindmarsh

Add your commute

Virtual Tour

Building Information for 12 Pleasant Avenue

Stories9Residences6Year Built1890Building Size-Lot Size0.14 AC / 5,946 SF

Payment Calculator

$14,565 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,212

Property Taxes

$1,353

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12 Pleasant Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Bike Path, T-Station
  • Current Financing: Other
  • Living Area: 4443.0
  • Color: dark blue
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Certified Historic
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Washer, Dryer
  • Basement Features: Full, Interior Access
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Hardwood
  • Laundry Features: Laundry Room
  • SpaYN: No
Exterior Features
  • Lot Description: Level
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: 5 of 6 units are tenants-at-will paying below-market-rent. 1 unit just became available and rented quickly with multiple applications for $2900/m with 1yr lease. Current market gross rent is $208,800 based on 1 fully executed lease for 8/15/23. All 6 units are similar,therefore priced as “7.5 Cap”.
Tax Information
  • Tax ID: M:72 B:D L:7,757919
  • Assessments: $1,592,700
  • Book: 20935
  • Tax Year: 2021
  • Zoning: RA
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Stone
  • Heat Zones: 6
Income / Expenses
  • Electricity: $400.00
  • Annual Expenses Source: Owner
  • GOI: $208,800.00
  • Insurance: $5,600.00
  • GRE: $28,735
  • RME: $1,500
  • NOI: $180,065.00
  • Operating Expense: $28,735.00
  • WSE: $4,250.00
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: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $9,850.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1

Property History for 12 Pleasant Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 12 Pleasant Avenue

Taxable ValueLand$825,900Additions$901,100Total$1,727,000
Tax Record2024$18,168 ($1,514 / month)
Home Facts
Baths6Total Finished SqFt4,443 SqFtAbove Grade Finished SqFt4,443 SqFtStories3Lot Size5,946 SqFtStyleMulti-Family Res (5+ Units)Year Built1890ZoningRACountyMIDDLESEXAPNSOME M:72 B:D L:7

Schools near 12 Pleasant Avenue

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

E Somerville Community
PublicK to 8

Full Circle High School
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gibson Sotheby's International Realty, Jonathan Hindmarsh

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.