71 Heath Street

Somerville, MA 02145

$695,000
Last Sold Price
6
Beds
4
Baths
3,139 Sq. Ft.
$221 / Sq. Ft.
3,139
Sq. Ft.
$221
per Sq. Ft.

Description

Outstanding opportunity for income producing 3-family in the desirable Winter Hill area close to the Medford line. Property features separate utilities for all units, some newer windows, hardwood floors in many areas, finished lower level with 2 beds/1 bath, a large rear patio, wooden deck off first floor unit and 3-car parking. Close to public transportation, highways and major routes. Property will be delivered vacant. NOTE: Will not qualify for conventional financing due to unfinished 2nd floor...Outstanding opportunity for income producing 3-family in the desirable Winter Hill area close to the Medford line. Property features separate utilities for all units, some newer windows, hardwood floors in many areas, finished lower level with 2 beds/1 bath, a large rear patio, wooden deck off first floor unit and 3-car parking. Close to public transportation, highways and major routes. Property will be delivered vacant. NOTE: Will not qualify for conventional financing due to unfinished 2nd floor unit. Indicated living area is estimated and based on all units being finished and city approved. Due to unfinished re-hab of 2nd floor, sprinkler system installation will likely be required for entire house. Seller and broker make no representations or warranties; buyers and their brokers to do all due diligence regarding property status and condition. Property being sold "As Is".

Property Details for 71 Heath Street

Town
Somerville
Area
MA-Somerville
Garage Spaces
0
Parking Spaces
3.00
Parking Spaces Total
3
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LISTING UPDATED: 08/06/2022 06:02 AM

Property Details for 71 Heath Street

StatusSold
MLS #71707355
Days on Market42
Taxes$5,619 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1900
CountyMiddlesex County
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Building Information for 71 Heath Street

Stories6Residences3Year Built1900Building Size-Lot Size0.07 AC / 3,200 SF

Payment Calculator

$4,261 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,793

Property Taxes

$468

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 71 Heath Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park
  • Current Financing: Cash
  • Living Area: 3139.0
  • Color: Yellow
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer), Tankless Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Basement Features: Full, Partially Finished
  • 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: Yes
  • Fireplaces: 2
  • Flooring: Wood, Plywood, Tile, Vinyl, Laminate
  • Interior Features: Unit 1(Ceiling Fans), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room
  • Laundry Features: Washer Hookup
Exterior Features
  • Construction: Frame
  • Exterior Features: Deck - Wood, Patio
  • Patio And Porch Features: Deck - Wood, Patio
  • Roof Material: Shingle
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
  • Electric: Circuit Breakers
  • Heating: Unit 1(Forced Air, Gas), Unit 3(Hot Water Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Disclosures: Living area estimated on all units finished. 1st floor: 2 Beds/1 Bath on lower level,lower level beds have electric heat. 2nd floor: All disclosures based on anticipated finish. Due to re-hab of 2nd floor,sprinkler system install will likely be required. Seller/broker make no other representations
Tax Information
  • Listing Terms: Contract
  • Tax ID: 58A9,756083
  • Assessments: $443,800
  • Book: 46810
  • Tax Year: 2014
  • Zoning: RB
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Foundation Area: 99999.0
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • GOI: $12,000.00
  • NOI: $12,000.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $1,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 2.0

Property History for 71 Heath Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 71 Heath Street

Taxable ValueLand-Additions-Total-
Home Facts
CountyMIDDLESEXAPNSOME 58-A-9

Schools near 71 Heath Street

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Arthur D. Healey School
PublicPK to 8

Somerville High School
Public9 to 12

Winter Hill Community School
PublicPK to 8

Full Circle High School
Public9 to 12

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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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.