5-7 Cottage Avenue

Somerville, MA 02144

$1,795,000
Price
3
Beds
3
Baths
3,007 Sq. Ft.
$597 / Sq. Ft.
3,007
Sq. Ft.
$597
per Sq. Ft.

Description

Lovely 3-family with 2-bay garage and double-wide driveway on a pretty residential street in prime Davis Sq. location. Excellent rental history. Notable features include updated kitchen in Unit 1; updated kitchen in Unit 2 w/gas cooktop, separate oven, vent hood, butcher block counters, ss appliances; w/d and wood burning fp in Unit 2; recently rebuilt front and rear porches; shared bsmt w/d for Units 1 and 3; large windows; hardwood floors; front and side garden/yard; rear patio. All 3 units are...Lovely 3-family with 2-bay garage and double-wide driveway on a pretty residential street in prime Davis Sq. location. Excellent rental history. Notable features include updated kitchen in Unit 1; updated kitchen in Unit 2 w/gas cooktop, separate oven, vent hood, butcher block counters, ss appliances; w/d and wood burning fp in Unit 2; recently rebuilt front and rear porches; shared bsmt w/d for Units 1 and 3; large windows; hardwood floors; front and side garden/yard; rear patio. All 3 units are 1 bed/1 bath with leases thru 8/31/24; Unit 1 could be delivered vacant by July 1. Would also convert nicely to 2 units (see uploaded plans) or single family. Enjoy the many delights of Davis Sq. – shops, restaurants, nightlife, Red Line subway stop. Cottage Ave. is also walkable to the Porter Sq. Red Line and commuter rail stations, 2 new GLX stations, and to Ball, Magoun, and Teele Sqs. Easy commute by bike, foot, or public transit to Harvard, MIT, and Tufts; near major highways and airport.
  1. Listed by Thalia C. Tringo • Thalia Tringo & Associates Real Estate, Inc.

Property Details for 5-7 Cottage Avenue

Town
Somerville
MLS Area
Davis Square
Area
MA-Somerville-Davis Square, MA-Somerville
Style
Garden
Garage Spaces
2
Parking Spaces
2.00
Parking Spaces Total
4

Location

Listing Courtesy of Thalia Tringo & Associates Real Estate, Inc., Thalia C. Tringo
Add your commute
LISTING UPDATED: 05/11/2024 03:06 AM

Property Details for 5-7 Cottage Avenue

StatusActive
MLS #73229155
Days on Market21
Taxes$15,393 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1920
CountyMiddlesex County

Location

Listing Courtesy of Thalia Tringo & Associates Real Estate, Inc., Thalia C. Tringo
Add your commute

Virtual Tour

Building Information for 5-7 Cottage Avenue

Stories6Residences3Year Built1920Building Size-Lot Size0.08 AC / 3,658 SF

Payment Calculator

$11,079 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,796

Property Taxes

$1,283

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5-7 Cottage Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, T-Station, University
  • Living Area: 3007.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Oven, Washer, Dryer, Range Hood
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceFeatures: Wood Burning
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile, Carpet
  • Interior Features: Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Living Room, Dining Room, Kitchen
  • SpaYN: No
Exterior Features
  • Exterior Features: Garden
  • Exterior Features: Garden Area, Porch, Patio
  • Lot Description: Other
  • Patio And Porch Features: Porch, Patio
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: Circuit Breakers
  • Heating: Forced Air, Oil, Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: New common meter has not been connected; common areas connected to Unit 1's electric panel. Units 2 and 3 share 1 water heater. Older heating systems for #1 and #2. FP hasn't been used in years; condition unknown. Unit 2 vent hood and gas grill on cooktop are not working.
Tax Information
  • Tax ID: M:26 B:B L:5
  • Assessments: $1,463,200
  • Book: 48860
  • Tax Year: 2024
  • Zoning: NR
Building / Association Information
Living Characteristics
  • Beds Total: 3
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar
Income / Expenses
  • GOI: $83,400.00
  • NOI: $83,400.00
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: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $6,950.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2.5

Property History for 5-7 Cottage Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 5-7 Cottage Avenue

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 5
Public - PK to 8
Rating
School
Distance
John F. Kennedy Elementary School
PublicPK to 8

Somerville High School
Public9 to 12

Benjamin G. Brown School
PublicK to 5

West Somerville Neighborhood School
PublicPK 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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5-7 Cottage Avenue is a multi-family home for sale in Somerville, MA 02144. This property was listed for sale on April 25, 2024 by Thalia Tringo & Associates Real Estate, Inc., it's currently listed at $1,795,000. It has been on the market for a total of 21 days and was last sold on January 18, 2007. This listing's school district is Somerville School District. Nearby schools include John F. Kennedy Elementary School, Somerville High School and Benjamin G. Brown School. 5-7 Cottage Avenue is a 3-bed, 3-bath, 3,007 sqft multi-family home 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. 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 Thalia Tringo & Associates Real Estate, Inc., Thalia C. Tringo

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.