382 McGrath Highway

Somerville, MA 02143

$1,550,000
Last Sold Price
6
Beds
4
Baths
2
1/2 Baths
3,668 Sq. Ft.
$423 / Sq. Ft.
3,668
Sq. Ft.
$423
per Sq. Ft.

Description

Located just outside of Union Square and at the foot of Prospect Hill, 382 McGrath Highway is a great investment or development opportunity and offers space for a business. This building is comprised of 4 residential units as well as commercial space, currently used for two separate businesses. The apartments offer wonderful light and are classically charming, featuring hardwood floors and high ceilings. Layouts allow for possible use as two-bedroom units. Top floor apartments have enclosed front...Located just outside of Union Square and at the foot of Prospect Hill, 382 McGrath Highway is a great investment or development opportunity and offers space for a business. This building is comprised of 4 residential units as well as commercial space, currently used for two separate businesses. The apartments offer wonderful light and are classically charming, featuring hardwood floors and high ceilings. Layouts allow for possible use as two-bedroom units. Top floor apartments have enclosed front porches. Common open porches are on the back of the building. Updated zoning on the property is MR3. Considered a walker’s paradise, the property has a Walkscore © of 90. Union Square is one of the most sought after and transforming neighborhoods in the Greater Boston area. Home to some of the area’s hottest restaurants, bars, coffee shops and specialty stores. It is also a burgeoning area for technology and development, as well as home to a future Green Line station.

Listing Agent

  1. Mike Cohen

    Mike Cohen

    Listing Agent

    Compass

    mcohen@compass.com

    P: 617.852.1160

Property Details for 382 McGrath Highway

Town
Somerville
MLS Area
Union Square
Area
MA-Somerville-Union Square, MA-Somerville
Garage Spaces
0
Parking Spaces
.00

Location

Sold By Regatta Realty, Jennie & Eddie Luxury Living Boston Team

Add your commute
LISTING UPDATED: 08/06/2022 07:51 AM

Property Details for 382 McGrath Highway

StatusSold
MLS #72932903
Days on Market30
Taxes$11,802 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1890
CountyMiddlesex County

Location

Sold By Regatta Realty, Jennie & Eddie Luxury Living Boston Team

Add your commute

Virtual Tour

Building Information for 382 McGrath Highway

Stories11Residences5Year Built1890Building Size-Lot Size0.09 AC / 3,749 SF

Payment Calculator

$9,442 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$984

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 382 McGrath Highway

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Withheld
  • Living Area: 3668.0
  • Total Units: 5
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Oil Water Heater, Gas Water Heater
  • Basement Features: Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 4
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Hardwood
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch, Porch - Enclosed
  • Lot Description: Other
  • Patio And Porch Features: Porch, Enclosed
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M:93 B:F L:4,760481
  • Assessments: $1,158,200
  • Book: 19226
  • Tax Year: 2021
  • Zoning: BB
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 11
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar
  • Foundation Area: 9999.0
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 5
  • Heat Zones: 5
Income / Expenses
  • GOI: $61,200.00
  • NOI: $61,200.00
Unit Information
Unit 1 Description
  • Floor U1: 2
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,900.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 382 McGrath Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 382 McGrath Highway

Taxable ValueLand$466,800Additions$843,300Total$1,310,100
Home Facts
Baths4.5Total Finished SqFt3,172 SqFtAbove Grade Finished SqFt3,172 SqFtStories2Lot Size3,749 SqFtStyleOffice BuildingYear Built1890ZoningBBCountyMIDDLESEXAPNSOME M:93 B:F L:4

Schools near 382 McGrath Highway

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

Somerville High School
Public9 to 12

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 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.

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.