184 Broadway

Somerville, MA 02145

$1,800,000
Last Sold Price
11
Beds
4
Baths
3,956 Sq. Ft.
$455 / Sq. Ft.
3,956
Sq. Ft.
$455
per Sq. Ft.

Description

This great 4 family is Cash cow! Annual rent income is $108K pre-pandemic, $96K during pandemic and expecting $120K post-pandemic. All units were completely renovated floor to ceiling in 1994. Condo conversion was started by previous owner. Building is outstanding spacious with hardwood floors, ( Unit 1) 4 room 2 bedrooms Leased until September 1: and has updated kitchen including new stove, fridge, counter and cabinets.. (Unit 2) 5 rooms 3 bedrooms leased until September 1. (Unit 3) 5 rooms 3 bedrooms...This great 4 family is Cash cow! Annual rent income is $108K pre-pandemic, $96K during pandemic and expecting $120K post-pandemic. All units were completely renovated floor to ceiling in 1994. Condo conversion was started by previous owner. Building is outstanding spacious with hardwood floors, ( Unit 1) 4 room 2 bedrooms Leased until September 1: and has updated kitchen including new stove, fridge, counter and cabinets.. (Unit 2) 5 rooms 3 bedrooms leased until September 1. (Unit 3) 5 rooms 3 bedrooms vacant. (Unit 4) 5 rooms 3 bedroom no lease. Coin or app operated washer/dryer which is negotiable with the sale. All utilities are separate. Enjoy nearby NEW green line (1mi), orange line (0.8mi), multiple bus lines, Stop & Shop (0.2mi), Assembly Square Mall (0.7mi), Boston, Union Square, Davis Square with all the festivities this amazing city has to offer. Newly replaced roof in 2015, newly installed security cameras, digital locks as well as 2 new hot water heaters.
  1. Listed by Deborah Byrne • Berkshire Hathaway HomeServices Verani Realty

Property Details for 184 Broadway

Town
Somerville
Area
MA-Somerville
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of Berkshire Hathaway HomeServices Verani Realty, Deborah Byrne

Sold By Thalia Tringo & Associates Real Estate, Inc., Thalia C. Tringo

Add your commute
LISTING UPDATED: 09/22/2022 04:50 PM

Property Details for 184 Broadway

StatusSold
MLS #72980024
Days on Market6
Taxes$13,308 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1880
CountyMiddlesex County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Verani Realty, Deborah Byrne

Sold By Thalia Tringo & Associates Real Estate, Inc., Thalia C. Tringo

Add your commute

Building Information for 184 Broadway

Stories10Residences4Year Built1880Building Size-Lot Size0.04 AC / 1,550 SF

Payment Calculator

$10,932 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

$1,109

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 184 Broadway

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
  • Current Financing: Conv. Fixed
  • Living Area: 3956.0
  • Color: white
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full, Partially Finished
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
  • Window Features: Insulated Windows, Storm Window(s)
Exterior Features
  • Construction: See Remarks
  • Lot Description: Other
  • Roof Material: Shingle
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
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Showings In Groups Only Accompanied By Listing Broker
Tax Information
  • Tax ID: 759772
  • Assessments: $1,307,200
  • Book: 57574
  • Tax Year: 2022
  • Zoning: r-4
Building / Association Information
Living Characteristics
  • Beds Total: 11
  • Total Living Levels: 10
Other Building Characteristics
  • Foundation: Concrete Perimeter
Income / Expenses
  • GOI: $95,000.00
  • NOI: $73,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 4
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $8,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 184 Broadway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 184 Broadway

Taxable ValueLand$329,300Additions$1,121,600Total$1,450,900
Tax Record2024$15,263 ($1,272 / month)
Home Facts
Baths5Total Finished SqFt3,956 SqFtAbove Grade Finished SqFt3,956 SqFtStories4Lot Size1,550 SqFtStyleMulti-Family Res (5+ Units)Year Built1880ZoningRBCountyMIDDLESEXAPNSOME M:90 B:C L:35

Schools near 184 Broadway

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
E Somerville Community
PublicK to 8

Next Wave Junior High School
Public7 to 8

Somerville High School
Public9 to 12

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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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 Berkshire Hathaway HomeServices Verani Realty, Deborah Byrne

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.