182 Highland Avenue

Somerville, MA 02143

$2,500,000
Price
$2,500,000
Price
10
Beds
6
Baths
5,568 Sq. Ft.
$449 / Sq. Ft.

Property Details

StatusActive
MLS #72501078
Year Built1910
DOM8
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Lot Size0.15 AC / 6,643 SF
Taxes$15,616 / year
Condo/Co-op Fees-
HOA Fees-
CountyMiddlesex County

Listed By

Contact Agent(s)

Property Details

Town
Somerville
MLS Area
Spring Hill
Parking Spaces
5

Description

Majestic Spring Hill 6-family with lovely period details, hardwood floors, & significant upside potential! This is a trophy property with an A+ location & flexible floor plans with potential to either buy & hold, update to increase market rents, or convert to condos. Each floor offers 2 units mirroring each other in layout. The floor plans allow future renters, owner-occupants and/or developers the ability to combine units. Units 1 and 4 are 4 room/2 bedrooms with bay windows & spacious kitchens....

Building Information

Stories9Residences6Year Built1910Building Size-Lot Size0.15 AC / 6,643 SF

Payment Calculator

$11,376 per month

30 year fixed, 4.45% Interest

Principal and Interest

$10,074

Property Taxes

$1,301

HOA Dues

$0

Property Information for 182 Highland Avenue

General Details
    Property Details
  • Property Type: Multi-family
  • Multi Family Type: 5-9 Family
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Basement Info: Y
  • Water View: No
  • Waterfront: No
  • Beachfront: No
  • Color: grey
  • Total Units: 6
  • Year Built: 1910
  • Year Built Description: Approximate
  • Year Built Source: Public Record
  • SqFt Total: 5568
  • Square Feet Source: Public Record
    Location/School
  • Directions: Near the corner of Benton Road
Features
    Interior Features
  • Basement Features: Full, Bulkhead, Unfinished Basement
  • Num of Full Baths: 6.0
  • Flooring: Wood, Tile, Hardwood
    Exterior Features
  • Construction: Frame
  • Exterior: Clapboard, Shingles, Wood
  • Exterior Features: Porch, Deck, Fenced Yard
  • Lot Description: Paved Drive, Level
  • Roof Material: Asphalt/Fiberglass Shingles
    Parking Features
  • Parking Features: Tandem, Paved Driveway
    Utilities
  • Electric: Circuit Breakers, 60 Amps/Less, Individually Metered
  • Hot Water: Natural Gas, Tank
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: City/Town Water
Property Information
    Property Info
  • Acres: .15
  • Lot Size: 6643
  • Road Type: Public, Paved, Sidewalk
  • UFFI: Unknown
  • Year Round: Yes
    Tax Information
  • Assessments: $1,431,400
  • Book: 14924
  • Page: 576
  • Parcel Number: M:43 B:C L:3
  • Tax ID: 753823
  • Tax Year: 2019
  • Taxes: $15,616
  • Zoning: Res
Building / Association Information
    Living Characteristics
  • Total Bedrooms: 10
  • Total Full Bathrooms: 6
  • Total Floors: 9
  • Total Rooms: 20
  • Total Levels: 5
    Other Building Characteristics
  • Heat Units: 1
  • Levels: 3
  • Foundation: Fieldstone, Brick
  • Heat Zones: 6
    Income / Expenses
  • Annual Expenses Source: Owner Provided
  • GOI: $141,800
  • GRE: $42,362
  • HTE: $8,475
  • Insurance: $4,570
  • NOI: $99,438
  • Rent: $11,775
  • RME: $4,000
  • RMS: 24
    Complex & Association Information
  • Adult Community: No
Unit Information
    Unit 1 Description
  • Bedrooms U1: 2
  • Floor U1: 1
  • Full Baths U1: 1
  • Lease U1: Y
  • Levels U1: 1
  • Rent U1: 2050
  • Rooms U1: 4
    Unit 2 Description
  • Bedrooms U2: 2
  • Floor U2: 2
  • Full Baths U2: 1
  • Lease U2: Y
  • Levels U2: 1
  • Rent U2: 2000
  • Rooms U2: 4
    Unit 3 Description
  • Bedrooms U3: 1
  • Floor U3: 3
  • Full Baths U3: 1
  • Lease U3: Y
  • Levels U3: 1
  • Rent U3: 1825
  • Rooms U3: 4
    Unit 4 Description
  • Bedrooms U4: 2
  • Floor U4: 1
  • Full Baths U4: 1
  • Lease U4: Y
  • Levels U4: 1
  • Rent U4: 2050
  • Rooms U4: 4

Property History for 182 Highland Avenue

DateEvent & SourcePriceAppreciation
May 15, 2019Listed (Active)

MLS PIN #72501078

$2,500,000
DateEvent & SourcePrice
05/15/2019
Listed (Active)

MLS PIN #72501078

$2,500,000

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

Public Records

Taxable ValueLand$526,900Additions$904,500Total$1,431,400
Tax Record2019$15,402
Home Facts
Beds8Baths6Finished Sq.Ft.5,568 SqFtStories3Lot Size6,643 SqFtStyleCondominiumYear Built1910ZoningRC

Schools in Somerville, MA

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
St Catherine Of Genoa SchoolPrivatePK-80.2 mi
NR
Somerville High SchoolPublic9-120.5 mi
5

St Catherine Of Genoa School

PK-8, 0.2 mi, Private

NR

Somerville High School

9-12, 0.5 mi, Public

5

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.

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. No financial or legal advice provided. Equal Housing Opportunity.
The property listing data and information, or the images, 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, 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. 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.