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

58-62 Broadway, Somerville, MA 02145

Commercial

$1,900,000
Price

2
Buildings
Commercial
Type of Comm.
4,317.00
Lot Size
Outstanding opportunity to own two buildings on Broadway in Somerville. Located in a revitalized and developing residential and commercial zone, this mixed use property consists of 5 residential rental units and 3 commercial storefronts. Close to Route 93, Assembly Row, Sullivan Station, and the Casino. Development possibilities and sizable upside for the end user or investor to bring this property to its best use and highest potential. Group showings only.
Open House
No scheduled Open Houses
Highlights
Lot Size: 4,317.00
Acres: 0.10
List Price: $1,900,000
Type: Commercial
Type of Comm.: Commercial
Status: Price Changed
Stories: 2
Buildings: 2
Year Built: 1900
MLS#: 72446389
 
 
Exterior
Acres: 0.10
Lot Size: 4,317.00
Construction: Frame
Roof Material: Tar & Gravel, Slate
Location: Downtown, Urban
Utilities: Public Water, Public Sewer
Taxes
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $474,400
Assessed Land Value: $687,600
Exchange: No
Gross Annual Expenses: $34,270
Gross Annual Income: $117,989
Taxes: $16,741
Tax Year: 2019
Net Operating Income: $83,719
Book/Page: 0/0
Sublet: No
Total Assesed Value: $1,162,000
Zone Description: Legal Conforming
Features
Retail Sq. Ft.: 1,997
Retail Units: 3
Residential Sq. Ft.: 3,474
Residential Units: 5
 
 
Additional
Disclosure Declaration: No
For Lease: Yes
Space Available: For Sale
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 12/18/2018 2:44:00 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


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

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