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    188-190 Cedar Street

    Somerville, MA 02145
    • $999,000
    • STATUS: Under Agreement
    • MLS #: 72822269
    Pending
    $999,000
    • 4
      BEDS
    • 0.08
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,184
      SQFT
    • $457
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Dana Warren of Hawthorn Properties.

    Description

    Turnkey multi-family home in a fantastic Somerville location with off street parking! Located just steps to the bike path and a short stroll to both the Davis Square red line stop AND the future Ball Square green line stop, this 2-family has a rock solid rental history with leases in place through August 31st. Take over as an investment or move into one unit while collecting rent from the other. This well-cared for home consists of two 2-bedroom apartments. The upstairs unit has two enclosed porches that are perfect for home offices (see attached floor plan). Hardwood floors throughout, gas heat and numerous updates contribute to an easy investment opportunity. Showings begin at open houses on Saturday 5/1 (12 pm to 2 pm) and Sunday 5/2 (11 am to 1 pm) with any offers due Monday 5/3 at 2 pm. Seller would consider offers made in Bitcoin.

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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 2021-05-15T00:08:14.01.
    www.westcottproperties.com/homes/116555692
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    188-190 Cedar Street Somerville, MA 02145

    • Price: $999,000
    • Status: Under Agreement
    • MLS #: 72822269
    4
    Beds
    2
    Baths
    0
    ½ Baths
    0.08
    Acres
    2,184
    SQFT
    $457
    $/SQFT
    1920
    Built
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    Property Description
    Turnkey multi-family home in a fantastic Somerville location with off street parking! Located just steps to the bike path and a short stroll to both the Davis Square red line stop AND the future Ball Square green line stop, this 2-family has a rock solid rental history with leases in place through August 31st. Take over as an investment or move into one unit while collecting rent from the other. This well-cared for home consists of two 2-bedroom apartments. The upstairs unit has two enclosed porches that are perfect for home offices (see attached floor plan). Hardwood floors throughout, gas heat and numerous updates contribute to an easy investment opportunity. Showings begin at open houses on Saturday 5/1 (12 pm to 2 pm) and Sunday 5/2 (11 am to 1 pm) with any offers due Monday 5/3 at 2 pm. Seller would consider offers made in Bitcoin.
    Exterior Features

    Beachfront No Color Blue Construction Frame Exterior Asbestos Exterior Features DeckPatioGutters Foundation Concrete Block Lot Description Paved DriveLevel Parking Spaces 2 Road Type Public Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No

    Interior Features

    Appliances Unit1 RangeRefrigeratorFreezer Appliances Unit2 RangeDishwasherMicrowaveRefrigerator Basement Yes Basement Features FullWalk OutSump Pump Bedrooms Unit1 2 Bedrooms Unit2 2 Cooling Unit1 None Cooling Unit2 None Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Flooring WoodTileVinyl Floors Unit1 1 Floors Unit2 2 Full Baths Unit1 1 Full Baths Unit2 1 Half Baths Unit1 0 Half Baths Unit2 0 Heat Units 2 Heat Zones 2 Heating Unit1 SteamGas Heating Unit2 SteamGas Hot Water Natural GasTank Interior Features Unit1 Cable Tv AvailableBalcony/DeckHardwood FloorsBathroom With Tub & Shower Interior Features Unit2 Ceiling FansCable Tv AvailablePantryHardwood FloorsBathroom With Tub & Shower Levels 2 Levels Unit1 1 Levels Unit2 1 Rooms 6 Rooms Description Unit1 Living RoomDining RoomKitchen Rooms Description Unit2 Living RoomDining RoomKitchenOffice/DenOther (See Remarks) Rooms Unit1 5 Rooms Unit2 1

    Property Features

    Amenities Public TransportationShoppingWalk/Jog TrailsBike Path Apod Available Yes Assessments 828600.00 Contingency Type Pending P&S Disclosure No Disclosures Leases Run Through 8/31/2021. "Repairs And Maintenance" Expense includes Painting Of First Floor Unit And New Stove. Washers/Dryers included in Sale. Team Member Has Ownership interest in Listing. Seller Reserves Right To Accept Offer Prior To Monday Deadline. Electric Features Circuit Breakers Expenses Source Owner Provided Gross Operating Income 56400 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lender Owned No Multifamily Type 2 Family - 2 Units Up/Down Net Operating Income 47347 Rent Description Unit1 Water Rent Description Unit2 Water Rent Unit1 2300 Rent Unit2 2400 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2021 Taxes 8443.00 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning Rb

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Dana Warren of Hawthorn Properties.


    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 2021-05-15T00:08:14.01.
     
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    Westcott Properties
    178 Broadway
    Providence RI, 02903
    Listing courtesy of Dana Warren of Hawthorn Properties.