7 Simpson Avenue

Somerville, MA 02144

$1,650,000
Price
9
Beds
4
Baths
3,252 Sq. Ft.
$507 / Sq. Ft.
3,252
Sq. Ft.
$507
per Sq. Ft.

Description

7 Simpson Avenue presents a remarkable gambrel-style two-family home nestled on a quiet street, directly across from a picturesque park, and just beyond the bustling Davis Square. Boasting a history of great tenants, this property has consistently delivered a steady income. Stepping inside, you'll be greeted by soaring ceilings and gleaming hardwood floors throughout. Unit 1 offers a captivating Philadelphia-style layout with 4 bedrooms and 2 baths, while Unit 2 spans the 2nd and 3rd floors, offering...7 Simpson Avenue presents a remarkable gambrel-style two-family home nestled on a quiet street, directly across from a picturesque park, and just beyond the bustling Davis Square. Boasting a history of great tenants, this property has consistently delivered a steady income. Stepping inside, you'll be greeted by soaring ceilings and gleaming hardwood floors throughout. Unit 1 offers a captivating Philadelphia-style layout with 4 bedrooms and 2 baths, while Unit 2 spans the 2nd and 3rd floors, offering 5 bedrooms and 2 baths. Both units feature enclosed front/ back porches and well-appointed eat-in kitchens equipped with dishwashers. The property also includes forced air systems with the potential to add central air conditioning, a charming backyard, a garage, and parking space for up to 3 cars. Boasting an impressive Walkscore® of 97, this location offers unparalleled convenience.

Listing Agents

  1. Mike Cohen

    Mike Cohen

    Listing Agent

    Compass

    mcohen@compass.com

    P: 617.852.1160

  2. Katie Malin

    Katie Malin

    Alternative Listing Agent

    Compass

Property Details for 7 Simpson Avenue

Town
Somerville
MLS Area
Davis Square
Area
MA-Somerville-Davis Square, MA-Somerville
Garage Spaces
1
Parking Spaces
3.00
Parking Spaces Total
4

Location

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LISTING UPDATED: 04/29/2024 03:42 PM

Property Details for 7 Simpson Avenue

StatusUnder Agreement
MLS #73227544
Days on Market6
Taxes$16,368 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1915
CountyMiddlesex County

Location

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Virtual Tour

Building Information for 7 Simpson Avenue

Stories4Residences2Year Built1915Building Size-Lot Size0.07 AC / 3,200 SF

Payment Calculator

$10,369 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$1,364

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7 Simpson Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, T-Station, University
  • Living Area: 3252.0
  • Color: Green
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Refrigerator
  • Basement Features: Full
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Hardwood
  • Interior Features: Laundry Room, Living Room, Kitchen
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Fenced Yard, Porch - Enclosed
  • Fencing: Fenced
  • Lot Description: Other
  • Patio And Porch Features: Enclosed
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Off-Street, Unpaved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Unpaved Driveway
  • Parking Features: Off-Street, Unpaved Driveway
Utilities
  • Electric: Circuit Breakers
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Garage has damage to back right corner and rear part of right wall caused tree roots. Top of tree was cut off and tree is no longer growing.
Tax Information
  • Tax ID: M:16 B:A L:3,749078
  • Assessments: $1,555,900
  • Book: 0
  • Tax Year: 2024
  • Zoning: RA
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar
  • Foundation Area: 999999.0
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • GOI: $108,000.00
  • NOI: $108,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $9,300.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 7 Simpson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7 Simpson Avenue

Taxable ValueLand$810,100Additions$745,800Total$1,555,900
Tax Record2024$16,368 ($1,364 / month)
Home Facts
Baths2.5Total Finished SqFt3,252 SqFtAbove Grade Finished SqFt3,252 SqFtStories3Lot Size3,200 SqFtStyleDuplexYear Built1915ZoningRACountyMIDDLESEXAPNSOME M:16 B:A L:3

Schools near 7 Simpson 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
West Somerville Neighborhood School
PublicPK to 8

Somerville High School
Public9 to 12

Benjamin G. Brown School
PublicK to 5

John F. Kennedy Elementary 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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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.