Benoit Real Estate Group, LLC
39 Davis Square | 310 Highland Avenue
Somerville, MA 02144
2267 Mass Ave. Cambridge 02140
Sales: (617) 666-1119 | Rentals: (617) 764-5590 | Broker Direct: (617) 750-6378

247 Highland Ave, Somerville, MA 02143

Multi-Family

$1,600,000
Price

6
Units
3,296
Approx. GLA
Location! Location! Location! Rare 6 unit building on Highland Ave. 10 minute walk to Davis Square and steps to bus 88 or 90 for 5 minute ride to Davis Square. 5 residential and 1 commercial unit. Huge upside potential by increasing to market rents or with condo conversions. Group showings only: Tues May 8th 6PM, Wed May 9th 12PM, Thurs May 10th 6PM. Open houses: Sat May 12th 12 - 1:30PM, Sun May 13th 12 - 1:30PM.
Open House
No scheduled Open Houses
Highlights
Basement Features: Full
List Price: $1,600,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Contingent
Beds: 9
Baths: 6
Half Baths: 1
Units: 6
Year Built: 1900
Approx. GLA: 3,296
MLS#: 72321631
Interior
Basement: Yes
Hot Water: Natural Gas
Rooms: 15
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.07
Lot Size: 3,082.00
Lot Description: Paved Drive
Foundation: Poured Concrete
Parking Spaces: 3
Parking Features: Off-Street, Tandem
Exterior: Aluminum
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $961,100
Taxes: $10,870
Tax Year: 2018
Book/Page: 31390/242
Beach
Beach: No
Expenses
Gross Income: $83,400
Gross Expenses: $21,831
Total Rent: $6,850
Net Income: $61,569
Insurance Cost: $9,240
Management Cost: $7,000
Water Cost: $5,591
 
 
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, T-Station
Disclosure Declaration: No
Disclosure: Building to be sold in as is condition. 3 units have leases. One named exclusion.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 3 0 1 1 1 No 1 $1,500
Unit 2 3 1 0 2 1 0 Yes 1 $950
Unit 3 3 2 0 2 1 0 Yes 1 $1,300
Unit 4 3 1 0 2 1 0 No 1 $1,000
Units Extras
Common
Rooms:  Other (See Remarks) 
Map
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The listing office is Benoit Real Estate Group ,LLC and the listing agent is Shane Marrion. The property listing data and information, or the images, 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, 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. and it's 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. The data was last modified on 5/25/2018 2:05:00 PM.
 
Shane Marrion
Shane Marrion
Broker & Owner
Benoit Real Estate Group, LLC


HIGHLAND
310 Highland Avenue
Somerville, MA 02144
P: (617) 666-1119
F: (616) 666-4119
DAVIS
39 Davis Square
Somerville, MA 02144
P: (617) 764-5590
F: (617) 616-5329
CAMBRIDGE
2267 Mass Ave
Cambridge, MA 02140
P: (857) 242-4945
BROKER DIRECT
Shane Marrion
Broker / Owner
P: (617) 750-6378
shane@benoitrealestate.com


Benoit Real Estate Group, LLC   Benoit Real Estate Group, LLC
310 Highland Avenue • Somerville, MA 02144 Map it
Rentals: 617-764-5590 • Sales: 617-666-1119 
Direct: 617-750-6378 • Fax: 617-666-4119
shanevts@gmail.com

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