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97 Beacon Street

Somerville, MA 02143
  • $1,850,000
  • STATUS: Active
  • MLS #: 73139868
UPDATED: 74 min ago
$1,850,000
  • 9
    BEDS
  • 0.05
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,759
    SQFT
  • $492
    $/SQFT
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Listing courtesy of Tony Pepdjonovic of Marcus & Millichap Real Estate Investment Services.

Description

97 Beacon Street is a 3 unit investment property located in the coveted Inman Square neighborhood of Somerville just a short walk (0.5 Miles) to world-renowned Harvard University Campus. The building is comprised entirely of 3 Bedroom / 1 Bath apartments boasting a spacious 3,759 square feet of living area. The apartments feature hardwood flooring, updated kitchens and bathrooms and separated utilities paid by the tenants. Beacon Street is exceptionally located to nearby amenities and transit including public bus lines, Red and Green lines. The property gives an investor an opportunity to acquire a true "blue-chip" asset in one of the strongest rental markets in the country.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-09-23T17:04:57.417.
www.coastalnewenglandproperties.com/homes/141773102
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97 Beacon Street Somerville, MA 02143

  • Price: $1,850,000
  • Status: Active
  • On Site: Days
  • Updated: 74 min ago
  • MLS #: 73139868
9
Beds
3
Baths
0
½ Baths
0.05
Acres
3,759
SQFT
$492
$/SQFT
1900
Built
County:
Middlesex
Property Description
97 Beacon Street is a 3 unit investment property located in the coveted Inman Square neighborhood of Somerville just a short walk (0.5 Miles) to world-renowned Harvard University Campus. The building is comprised entirely of 3 Bedroom / 1 Bath apartments boasting a spacious 3,759 square feet of living area. The apartments feature hardwood flooring, updated kitchens and bathrooms and separated utilities paid by the tenants. Beacon Street is exceptionally located to nearby amenities and transit including public bus lines, Red and Green lines. The property gives an investor an opportunity to acquire a true "blue-chip" asset in one of the strongest rental markets in the country.
Exterior Features

Construction Materials Frame Covered Spaces 0 Exterior Features Deck Garage YN No Lot Features Other Parking Total 0 Patio And Porch Features Deck Road Frontage Type Public Roof Rubber Spa YN No Waterfront YN No

Interior Features

Appliances Utility Connections For Gas Range Basement Unfinished Building Area Total 3759 Fireplace YN No Fireplaces Total 0 Flooring Wood Foundation Details StoneBrick/Mortar Heat Units 3 Lead Paint Unknown Rooms Total 15

Property Features

Buyer Agency Compensation 2% Electric Circuit Breakers100 Amp ServiceIndividually Metered Gross Income 114900 Home Warranty YN No Net Operating Income 85599 Operating Expense 29301 Property Sub Type 3 Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 16553 Tax Year 2023 Total Actual Rent 9575 Transaction Broker Compensation 0% Utilities For Gas Range Water Source Public Year Built Details Approximate Zoning Rb

Listing information © 2023 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Tony Pepdjonovic of Marcus & Millichap Real Estate Investment Services: 617-896-7200.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-09-23T17:04:57.417.
 
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45 Court Street
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Listing courtesy of Tony Pepdjonovic of Marcus & Millichap Real Estate Investment Services.