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

476-478 Medford Street, Somerville, MA 02145

Multi-Family

$1,495,000
Price

4
Units
2,998
Approx. GLA
A wonderful investment opportunity awaits in this mixed use income property consisting of a 3 family house and a commercial storefront on one lot. Improvements include siding, roof & windows. Well maintained. The 3F has 3 units each with 2 bedroom 1 bath layouts with a driveway separating the house from the commercial storefront which is currently in use as a hair salon. The property is located near the new proposed green line extension just outside of Magoun Square. Convenient to restaurants, stores and transportation. Available for a small window of time. Leases expire this season on 8/31 in the 3 fam and on 8/31/2021 for the commercial space. Fully tenant occupied and pet friendly. Check open house schedule for showings. Please submit all offers using the following Dotloop link: https://www.dotloop.com/my/loop/p/2krdyQnH6Cu?v=7dXSl
Open House
Sunday
July 21 at 12:30 PM to 2:00 PM
Cannot make the Open Houses?
Location: 476-478 Medford Street, Somerville, MA 02145    Get Directions
Highlights
Basement Features: Full, Finished
List Price: $1,495,000
Type: Multi-Family
Multi-Family Type: 3 Family
Status: Active
Beds: 6
Baths: 3
Half Baths: 1
Units: 4
Year Built: 1920
Year Round: Yes
Approx. GLA: 2,998
MLS#: 72532037
 
 
Interior
Basement: Yes
Electric Features: Circuit Breakers
Heating Units: 4
Heating Zones: 4
Flooring: Wood
Energy: Insulated Windows
Rooms: 13
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.07
Lot Size: 2,962.00
Lot Description: Corner
Foundation: Fieldstone
Foundation Size: 999
Parking Spaces: 2
Parking Features: Off-Street
Road Type: Public
Color: blue
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range
Exterior: Shingles, Wood
Exterior Features: Porch
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $497,000
Taxes: $17,557
Tax Year: 2014
Book/Page: 13026/86
Warranty Available: No
School
High School: Somerville High
Beach
Beach: No
Expenses
Gross Income: $94,800
Net Income: $94,800
 
Additional
Amenities: Public Transportation, Shopping, House of Worship
Disclosure Declaration: No
Disclosure: Owner will need at least 72 hours to review offers.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 Yes 1 $2,000
Unit 2 4 2 0 2 1 0 Yes 1 $2,000
Unit 3 4 2 0 3 1 0 Yes 1 $2,100
Unit 4 2 0 0 1 0 1 Yes 1 $1,800
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  Wall AC  Applicances:  Range, Refrigerator  Heating:  Hot Water Radiators, Gas  Interior:  Bathroom With Tub & Shower, Remodeled, Hardwood Floors, Upgraded Cabinets  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Radiators, Gas  Interior:  Bathroom With Tub & Shower, Wood Flooring, Walk-In Closet  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Interior:  Wood Flooring, Pantry  Rooms:  Living Room, Kitchen, Other (See Remarks) 
Unit 4
Cooling:  Wall AC  Heating:  Forced Air, Oil  Interior:  Open Floor Plan, Remodeled, Picture Window  Rooms:  Other (See Remarks), Office/Den 
Similar Properties
The listing office is LAER Realty Partners / iBremis Realty and the listing agent is The iBremis Team. 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.
 
Office Benoit Real Estate Group, LLC
Office Benoit Real Estate Group, LLC
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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