Multifamily

$4,888,800

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5-9/2 School/ Qunicy
Somerville, MA 02143

  • 27 beds
  • 15 baths
  • 11,106 sqft
  • 10,558 sqft lot
  • $440 per sqft
  • 1890 build
  • on site

This 11-unit investment portfolio is comprised of a 9-unit brick row house/mansard style building, a 2-unit building, and 5 garage spaces, all situated on 10,558 square feet of contiguous land. Unit compositions include 7 cozy 2 bedrooms, 2 apartments with finished walkout basements used as 2 or 3 bedrooms, 1 apartment with 3 bedrooms /2 bathrooms and a finished basement, and a two-level apartment with 4 bedrooms/2 bathrooms. 9-unit building highlights include some wide pine floors, bay windows, exposed brick, and large back porches. 2-unit building highlights include larger apartments, hardwood floors, enclosed porches, and modern kitchens and bathrooms. With a Walk Score © of 93, the property is ideally located near Union Square, Porter Square, and offers easy access to Harvard and Boston. This is a rare opportunity to acquire critical mass with incredible upside potential in a highly coveted area.

Listing courtesy of MLSPIN / Mike Cohen / Compass

Last checked: Checking… • Last updated Jun 18, 2021 •

MLS# 72623419 —

Amenities & Taxes

The Building

Year Built:
1890
Year Built Source:
Public Record
Year Built Description:
Approximate
Construction:
Frame, Brick
Roof:
Asphalt/Fiberglass Shingles, Rubber
Exterior:
Vinyl, Brick
Exterior Features:
Porch, Deck - Wood
Yes
Basement:
Basement Feature:
Full, Partially Finished, Walk Out
Foundation:
Fieldstone, Brick
Foundation Size:
99999
Levels:
4
Number of Units:
11
Square Feet:
11106
SqFt Disclosure:
Includes finished basement in 5-7 School St. & 2 Quincy St.
Square Feet Source:
Other

Interior

Total Levels:
4
Total Rooms:
13
Total Floors:
3
Rooms:
Laundry
Number of Rooms:
13
Total Rooms:
57
Lead Paint:
Unknown

Financial & Terms

Price Per SqFt:
$440.19
Price Per SqFt:
$440.19
Assessed Value:
$3,025,300
Status:
Under Agreement

Location

Directions:
On School St. and on Quincy St.
Longitude:
-71.101339
Latitude:
42.382196

The Property

Property Type:
Multi-family
Area:
Union Square
Lot Description:
Paved Drive
Approximate Acres:
0.24
Approximate Lot Size:
10,558 Sqft
Beachfront Flag:
No
Zoning:
Ur
Road Type:
Public

Listing Agent

Contact info:

Taxes

Tax Year:
2019
Taxes:
$3,355,223

Beds

Total Bedrooms:
27

Baths

Total Bathrooms:
27
Full Bathrooms:
15
Full Baths:
15

The Listing

Short Sale Approved:
No
Buyer's Brokerage Compensation:
2%

Utilities

Electric Feature:
Circuit Breakers
Water:
City/Town Water
Sewer:
City/Town Sewer

Appliances

Appliances:
Washer, Dryer

The Community

Adult Community:
No
Amenities:
Public Transportation, Shopping, T-Station, University

Parking

Garage Spaces:
5
Parking Feature:
Off-Street, Paved Driveway
Parking Spaces:
6

Extra Units

Unit 1 Rooms:
6
Unit 1 Bedrooms:
3
Unit 1 Full Baths:
2
Unit 2 Rooms:
7
Unit 2 Bedrooms:
4
Unit 2 Full Baths:
2

Schools

Rating Details

Dr. Albert F. Argenziano School At Lincoln Park

  • Public
  • K-8
  • 0.3 mi

Somerville High School

  • Public
  • 9-12
  • 0.4 mi

Winter Hill Community School

  • Public
  • K-8
  • 0.7 mi

Michael E. Capuano Early Childhood Center

  • Public
  • K-5
  • 0.7 mi

East Somerville Community School

  • Public
  • K-8
  • 0.8 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

Provided by Flood Factor®

Flood Insurance

Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.

Get an instant insurance quote

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WalkScore®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

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Sale history

Date Event Source Price % Change
6/15/21
Pending MLSPIN $4,888,800
2/24/20
Listed / Active MLSPIN $4,888,800

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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