84 Cross Street

Somerville, MA 02145

$2,779,900
Price
8
Beds
4,660 Sq. Ft.
$597 / Sq. Ft.
4,660
Sq. Ft.
$597
per Sq. Ft.

Description

Six total units... Extensively renovated four family and two family package in pristine condition... Under half mile to new green line and just over half mile to orange line. This Two Property Package INCLUDES SIX TOTAL UNITS IN A FOUR FAMILY AND TWO FAMILY ON SAME LOT. Four out of 6 units have been gut renovated to the studs with granite counter kitchens and new appliances. Updated roof, electric, hot water tanks and roof. Gross Monthly Rent is $13,300/ Gross Annual $159,600 (does not include 4...Six total units... Extensively renovated four family and two family package in pristine condition... Under half mile to new green line and just over half mile to orange line. This Two Property Package INCLUDES SIX TOTAL UNITS IN A FOUR FAMILY AND TWO FAMILY ON SAME LOT. Four out of 6 units have been gut renovated to the studs with granite counter kitchens and new appliances. Updated roof, electric, hot water tanks and roof. Gross Monthly Rent is $13,300/ Gross Annual $159,600 (does not include 4 coin op washer & dryers). All unit utilities are separate. RENTS ARE SUBSTANTIALLY UNDER MARKET and rent roll can be increased significantly. Off street parking with TWO DRIVEWAYS. Perfect candidate for future condo conversion given extensive recent renovation to the property or a great 1031 Tax Deferred Exchange candidate. Fantastic location. Rated a Walker's Paradise Walk Score of 90. Rated a Rider's Paradise Transportation Score of 90 and a Very Bikeable Bike Score of 85l
  1. Listed by The Steve Bremis Team • Steve Bremis Realty Group
  2. Listed by Stephen Bremis • Steve Bremis Realty Group

Property Details for 84 Cross Street

Town
Somerville
Area
MA-Somerville
Garage Spaces
0
Parking Spaces
3.00
Parking Spaces Total
3

Location

Listing Courtesy of Steve Bremis Realty Group, The Steve Bremis Team; Steve Bremis Realty Group, Stephen Bremis
Add your commute
LISTING UPDATED: 04/23/2024 03:05 AM

Property Details for 84 Cross Street

StatusActive
MLS #73218290
Days on Market30
Taxes$16,818 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyMiddlesex County

Location

Listing Courtesy of Steve Bremis Realty Group, The Steve Bremis Team; Steve Bremis Realty Group, Stephen Bremis
Add your commute

Building Information for 84 Cross Street

Stories8Residences6Year Built1900Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$16,573 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,171

Property Taxes

$1,402

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 84 Cross Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping
  • Living Area: 4660.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Full Baths: 0
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Integer: 0
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
Exterior Features
  • Exterior Features: Deck
  • Patio And Porch Features: 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
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Lot size,taxes and assessment are a combination of both properties. Sq Ft is approximate only and not considered accurate.
Tax Information
  • Assessments: $1,598,600
  • Book: 99999
  • Tax Year: 2023
  • Zoning: Resdntl
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 8
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $159,600.00
  • NOI: $136,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 2
  • Lease U1: Y
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Levels U3: 2
Unit 4 Description
  • Floor U4: 2
  • Levels U4: 2
Rental Info
Rental Info
  • Total Actual Rent: $9,300.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.125
  • Other Agent Compensation: 2.125

Property History for 84 Cross 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 84 Cross Street

Taxable ValueLand$382,800Additions$310,700Total$693,500
Tax Record2024$7,296 ($608 / month)
Home Facts
Baths2Total Finished SqFt1,752 SqFtAbove Grade Finished SqFt1,752 SqFtStories2Lot Size3,162 SqFtStyleDuplexYear Built1890ZoningRBCountyMIDDLESEXAPNSOME M:92 B:C L:16

Schools near 84 Cross Street

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
E Somerville Community
PublicK to 8

Somerville High School
Public9 to 12

Next Wave Junior High School
Public7 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.

Similar Homes

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84 Cross Street is a multi-family home for sale in Somerville, MA 02145. This property was listed for sale on April 1, 2024 by Steve Bremis Realty Group, it's currently listed at $2,779,900. This listing's school district is Somerville School District. Nearby schools include E Somerville Community, Somerville High School and Next Wave Junior High School. 84 Cross Street is a 8-bed, 0-bath, 4,660 sqft multi-family home built in 1900.

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 Steve Bremis Realty Group, The Steve Bremis Team; Steve Bremis Realty Group, Stephen Bremis

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.