6-8 Mortimer Place

Somerville, MA 02145

$1,300,000
Last Sold Price
7
Beds
3
Baths
2,850 Sq. Ft.
$456 / Sq. Ft.
2,850
Sq. Ft.
$456
per Sq. Ft.

Description

This must-see, bright and sunny 3-unit investment property is perfectly located just a stone's throw away from the soon-to-open Gilman Square Green Line Station! The home is a 3-unit triple-decker, and boasts 7 total bedrooms, 3 baths, and a nice-sized, enclosed yard that is shared by the occupants. Convenient Winter Hill location less than a half-mile to tons of shopping, markets, restaurants, transportation options, the library, the brand new Somerville High School. Easy access to multiple MBTA...This must-see, bright and sunny 3-unit investment property is perfectly located just a stone's throw away from the soon-to-open Gilman Square Green Line Station! The home is a 3-unit triple-decker, and boasts 7 total bedrooms, 3 baths, and a nice-sized, enclosed yard that is shared by the occupants. Convenient Winter Hill location less than a half-mile to tons of shopping, markets, restaurants, transportation options, the library, the brand new Somerville High School. Easy access to multiple MBTA Stations (1,000 feet to new Gilman Sq. Green line, 1.3 mi to Assembly Sq. Orange line, ~2 mi to Davis/Porter Sq. Red lines), and multiple park spaces, including the Marshall St Playground right across the way, this location truly cannot be beat. Tenants share washer/dryer in shared basement area, a huge plus for renters. Whether a potential buyer decides to owner/occupy, or continue renting it, this is a dream property in a prime location in a proven investor's paradise. Don't miss this one!
  1. Listed by Judy Johnson Realty Group • Leading Edge Real Estate
  2. Listed by Marc Skipper • Leading Edge Real Estate

Property Details for 6-8 Mortimer Place

Town
Somerville
MLS Area
Winter Hill
Area
MA-Somerville-Winter Hill, MA-Somerville
Garage Spaces
0
Parking Spaces
4.00
Parking Spaces Total
4

Location

Listing Courtesy of Leading Edge Real Estate, Judy Johnson Realty Group; Leading Edge Real Estate, Marc Skipper

Sold By Vicente Realty, LLC, Emiel Barbosa

Add your commute
LISTING UPDATED: 08/06/2022 07:57 AM

Property Details for 6-8 Mortimer Place

StatusSold
MLS #72979847
Days on Market13
Taxes$10,796 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1920
CountyMiddlesex County

Location

Listing Courtesy of Leading Edge Real Estate, Judy Johnson Realty Group; Leading Edge Real Estate, Marc Skipper

Sold By Vicente Realty, LLC, Emiel Barbosa

Add your commute

Building Information for 6-8 Mortimer Place

Stories6Residences3Year Built1920Building Size-Lot Size0.06 AC / 2,826 SF

Payment Calculator

$7,994 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$900

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6-8 Mortimer Place

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other (See Remarks)
  • Current Financing: Conv. Fixed
  • Living Area: 2850.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Washer, Dryer, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Basement Features: Full
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
Exterior Features
  • Exterior Features: Porch, Deck
  • Patio And Porch Features: Porch, Deck
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Oven
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Private Road
  • Disclosures: Mortimer Place is a private way. Seller has never lived in property.
Tax Information
  • Listing Terms: Contract
  • Assessments: $1,060,500
  • Block: D
  • Book: 76909
  • Lot: 44
  • Map: 71
  • Tax Year: 2022
  • Zoning: RB
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter
Income / Expenses
  • Electricity: $747.00
  • Annual Expenses Source: Owner
  • GOI: $63,600.00
  • GRE: $14,055
  • MSE: $400
  • NOI: $49,545.00
  • Operating Expense: $14,055.00
  • WSE: $2,112.00
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: $5,300.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 1%

Property History for 6-8 Mortimer Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 6-8 Mortimer Place

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 7 to 8
Rating
School
Distance
Winter Hill Community School
PublicPK to 8

Somerville High School
Public9 to 12

Full Circle 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.

Listing Courtesy of Leading Edge Real Estate, Judy Johnson Realty Group; Leading Edge Real Estate, Marc Skipper

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.