476 Medford Street

Somerville, MA 02145

$1,495,000
Price
$1,495,000
Price
6
Beds
3
Baths
1
1/2 Bath
2,998 Sq. Ft.
$499 / Sq. Ft.
2,998
Sq. Ft.
$499
per Sq. Ft.

Property Details

StatusActive
MLS #72532037
Year Built1920
DOM7
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Lot Size0.07 AC / 2,962 SF
Taxes$17,557 / year
Condo/Co-op Fees-
HOA Fees-
CountyMiddlesex County

Listing Agent

The iBremis Team

LAER Realty Partners / iBremis Realty

TM311748@mlspin.net

P: 617.623.4650

M: 617.623.4650

Contact Agent(s)

Property Details

Town
Somerville
Parking Spaces
2

Description

A wonderful investment opportunity awaits in this mixed use income property consisting of a 3 family house and a commercial storefront on one lot. Improvements include siding, roof & windows. Well maintained. The 3F has 3 units each with 2 bedroom 1 bath layouts with a driveway separating the house from the commercial storefront which is currently in use as a hair salon. The property is located near the new proposed green line extension just outside of Magoun Square. Convenient to restaurants, stores...

Location

Listing Courtesy of LAER Realty Partners / iBremis Realty, The iBremis Team

Open Houses

Sunday, Jul 21st

12:30 PM - 2:00 PM

Public

Building Information

Stories7Residences4Year Built1920Building Size-Lot Size0.07 AC / 2,962 SF

Payment Calculator

$7,488 per month

30 year fixed, 4.45% Interest

Principal and Interest

$6,024

Property Taxes

$1,463

HOA Dues

$0

Property Information for 476 Medford Street

General Details
    Property Details
  • Property Type: Multi-family
  • Multi Family Type: 3 Family
  • Community Features: Public Transportation, Shopping, House of Worship
  • Basement Info: Y
  • Water View: No
  • Waterfront: No
  • Beachfront: No
  • Color: blue
  • Total Units: 4
  • Year Built: 1920
  • Year Built Description: Approximate
  • Year Built Source: Public Record
  • SqFt Total: 2998
  • Square Feet Source: Public Record
  • Living Area Disclosures: 2298 sq.ft. livable + 702 sq.ft. for store per city records
    Location/School
  • Directions: Magoun Sq. - Broadway to Medford St.
  • High School: Somerville High
Features
    Interior Features
  • Basement Features: Full, Finished
  • Num of Full Baths: 3.0
  • Num of Half Baths: 1.0
  • Flooring: Wood
    Exterior Features
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Porch
  • Lot Description: Corner
  • Roof Material: Asphalt/Fiberglass Shingles
    Parking Features
  • Parking Features: Off-Street
    Utilities
  • Electric: Circuit Breakers
  • Energy Features: Insulated Windows
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: City/Town Water
Property Information
    Property Info
  • Acres: .07
  • Lot Size: 2962
  • Road Type: Public
  • Year Round: Yes
    Tax Information
  • Assessments: $497,000
  • Book: 13026
  • Page: 86
  • Tax Year: 2014
  • Taxes: $17,557
  • Zoning: Mixed Use
Building / Association Information
    Living Characteristics
  • Total Bedrooms: 6
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Total Floors: 7
  • Total Rooms: 14
  • Total Levels: 4
    Other Building Characteristics
  • Heat Units: 4
  • Levels: 3
  • Foundation: Fieldstone
  • Foundation Size: 999
  • Heat Zones: 4
    Income / Expenses
  • GOI: $94,800
  • NOI: $94,800
  • RMS: 13
    Complex & Association Information
  • Adult Community: No
Unit Information
    Unit 1 Description
  • Appliances Desc U1: Range, Refrigerator
  • Heat Desc U1: Hot Water Radiators, Gas
  • IFE Fireplaces U1: Hardwood Floors, Upgraded Cabinets, Bathroom With Tub & Shower, Remodeled
  • Room Desc U1: Living Room, Kitchen
  • Bedrooms U1: 2
  • Floor U1: 1
  • Full Baths U1: 1
  • Lease U1: Y
  • Levels U1: 1
  • Rent U1: 2000
  • Rooms U1: 4
  • Cooling Desc 1 U1: Wall AC
  • Rent Desc 1 U1: Water
    Unit 2 Description
  • Appliances Desc U2: Range, Refrigerator
  • Heat Desc U2: Hot Water Radiators, Gas
  • IFENFireplaces U2: Wood Flooring, Walk-In Closet, Bathroom With Tub & Shower
  • Room Desc U2: Living Room, Kitchen
  • Bedrooms U2: 2
  • Floor U2: 2
  • Full Baths U2: 1
  • Lease U2: Y
  • Levels U2: 1
  • Rent U2: 2000
  • Rooms U2: 4
  • Cooling Desc 2 U2: None
  • Rent Desc 2 U2: Water
    Unit 3 Description
  • Appliances Desc U3: Range, Refrigerator
  • Heat Desc U3: Hot Water Baseboard, Gas
  • IFE Fireplaces U3: Pantry, Wood Flooring
  • Room Desc U3: Living Room, Kitchen, Other (See Remarks)
  • Bedrooms U3: 2
  • Floor U3: 3
  • Full Baths U3: 1
  • Lease U3: Y
  • Levels U3: 1
  • Rent U3: 2100
  • Rooms U3: 4
  • Cooling Desc 3 U3: None
  • Rent Desc 3 U3: Water
    Unit 4 Description
  • Heat Desc U4: Forced Air, Oil
  • IFE Fireplaces U4: Picture Window, Open Floor Plan, Remodeled
  • Room Desc U4: Office/Den, Other (See Remarks)
  • Floor U4: 1
  • Half Baths U4: 1
  • Lease U4: Y
  • Levels U4: 1
  • Rent U4: 1800
  • Rooms U4: 2
  • Cooling Desc 4 U4: Wall AC

Property History for 476 Medford Street

DateEvent & SourcePriceAppreciation
Jul 10, 2019Listed (Active)

MLS PIN #72532037

$1,495,000
May 7, 2014Sold

MLS PIN #71642803

$835,000
May 7, 2014Under Agreement

MLS PIN #71642803

DateEvent & SourcePrice
07/10/2019
Listed (Active)

MLS PIN #72532037

$1,495,000
05/07/2014
Sold

MLS PIN #71642803

$835,000
05/07/2014
Under Agreement

MLS PIN #71642803

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

Schools in Somerville, MA

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Somerville High SchoolPublic9-120.6 mi
5
St Catherine Of Genoa SchoolPrivatePK-80.6 mi
NR
St. Clement Parish SchoolsPrivatePK-120.8 mi
NR

Somerville High School

9-12, 0.6 mi, Public

5

St Catherine Of Genoa School

PK-8, 0.6 mi, Private

NR

St. Clement Parish Schools

PK-12, 0.8 mi, Private

NR

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.

476 Medford Street is a multi family for sale in Somerville, MA 02145. This property was listed for sale on July 10, 2019 by LAER Realty Partners / iBremis Realty for $1,495,000. It has been on the market for a total of 8 days and was last sold on May 7, 2014. Nearby schools include St. Clement Parish Schools, St Catherine Of Genoa School and Somerville High School. 476 Medford Street is a 6-beds, 3-baths 1-1/2 bath, 2,998 sq. ft. multi family built in 1920.

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.
Listing Courtesy of LAER Realty Partners / iBremis Realty, The iBremis Team
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.