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182 Tremont St

Somerville, MA 02143
  • $1,795,000
  • STATUS: Contingent
  • MLS #: 73155960
Under Contract
UPDATED: 7 min ago
$1,795,000
  • 6
    BEDS
  • 0.07
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,528
    SQFT
  • $509
    $/SQFT
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Listing courtesy of Alberto Jara of Red Bow Realty.

Description

A+ location! Right in Inman Sq a short walk to the Union Sq T stop. NOW AVAILABLE VACANT! Appraised As is by Westrock Appraisal at $2,500,000.00 as is. House needs updates but worth it to get $2700/unit! $16,200.00 per month This house will cash flow $170,604 after expenses! 8.5 CAP right in Inman Sq. All apartments are 3 room 2 bedroom with one bathroom. Laundry is currently off site but could be added in the hallway on the first floor or the basement. Roof is in good shape. Yard is excellent for great common area. Walkscore of 96 will attract great tenants for years to come. Harvard and MIT Grad students are walking distance to school.

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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 2023-12-02T15:05:13.927.
www.westcottproperties.com/homes/143125337
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182 Tremont St Somerville, MA 02143

  • Price: $1,795,000
  • Status: Contingent
  • On Site: Days
  • Updated: 7 min ago
  • MLS #: 73155960
6
Beds
6
Baths
0
½ Baths
0.07
Acres
3,528
SQFT
$509
$/SQFT
1900
Built
County:
Middlesex
Property Description
A+ location! Right in Inman Sq a short walk to the Union Sq T stop. NOW AVAILABLE VACANT! Appraised As is by Westrock Appraisal at $2,500,000.00 as is. House needs updates but worth it to get $2700/unit! $16,200.00 per month This house will cash flow $170,604 after expenses! 8.5 CAP right in Inman Sq. All apartments are 3 room 2 bedroom with one bathroom. Laundry is currently off site but could be added in the hallway on the first floor or the basement. Roof is in good shape. Yard is excellent for great common area. Walkscore of 96 will attract great tenants for years to come. Harvard and MIT Grad students are walking distance to school.
Exterior Features

Covered Spaces 0 Garage YN No Lot Features Level Open Parking YN Yes Parking Features On Street Parking Total 0 Road Frontage Type Public Spa YN No Waterfront YN No

Interior Features

Appliances Utility Connections for Gas Range Basement Interior EntryBulkhead Building Area Total 3528 Fireplace YN No Fireplaces Total 0 Flooring WoodTile Foundation Details Other Heating Forced AirNatural Gas Heating YN Yes Lead Paint Unknown Rooms Total 24

Property Features

Buyer Agency Compensation 2 Contingency Pending P&S Disclosures Property to be delivered vacant on or before 11/1/23 Electric 200+ Amp Service Green Energy Efficient Thermostat Home Warranty YN No Insurance Expense 3000 Listing Terms Contract Operating Expense 23796 Property Sub Type 5-9 Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 16796 Tax Year 2023 Total Actual Rent 0 Transaction Broker Compensation 1 Utilities for Gas Range Water Sewer Expense 5000 Water Source Public Year Built Details Actual Zoning RB

Listing information © 2023 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Alberto Jara of Red Bow Realty: 617-945-1497.


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 2023-12-02T15:05:13.927.
 
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Westcott Properties
178 Broadway
Providence RI, 02903
Listing courtesy of Alberto Jara of Red Bow Realty.