Hillman Homes - Hillman Homes

123 Elm St, Somerville, MA 02144

Multi-Family

$1,250,000
Price
$1,181,818
Sale Price

2
Units
2,276
Approx. GLA
Amazing 2 Family right in Porter Sq. Located on the corner of Burnside and Elm St. This is currently used as an income property and also works well as an Air B&B given the proximity to universities, convenient public transpotation, and Boston. With all separate utilities this income property is easy and economical to run. The units have modern kitchens/baths and laundry in each unit. Click on the blinking floor plan icon to see floor plans and photos. Very Rare to see a large two family with 2-car Driveway like this as close to Porter and David Sq as this is. Please come to the open House this Sunday From 12noon to 1pm you won't be disappointed. 1st floor rent is $3400 no utilities and 2nd floor is $3200 no utilities.
Highlights
Sale Price: $1,181,818
Settled Date: 1/31/2019 12:00:00 AM
Basement Features: Full
List Price: $1,250,000
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Sold
Beds: 6
Baths: 2
Units: 2
Year Built: 1900
Approx. GLA: 2,276
MLS#: 72207466
 
 
Interior
Basement: Yes
Electric Features: 220 Volts, 100 Amps
Flooring: Wood
Energy: Insulated Windows
Rooms: 10
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Facing: Southwest
Acres: 0.07
Lot Size: 2,940.00
Lot Description: Corner
Foundation: Fieldstone
Parking Spaces: 2
Parking Features: Off-Street
Road Type: Public
Color: white
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range
Exterior: Vinyl
Exterior Features: Porch, Patio
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $773,700
Taxes: $9,029
Tax Year: 2017
Book/Page: 52021/370
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $74,400
Gross Expenses: $4,097
Total Rent: $6,600
Net Income: $70,303
Insurance Cost: $1,309
Water Cost: $2,788
 
 
Additional
Amenities: Public Transportation, Shopping, House of Worship, Private School, Public School, T-Station, University
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 6 3 0 0 1 1 Yes 0 $3,400
Unit 2 6 3 0 2 1 0 Yes 2 $3,200
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The listing office is RE/MAX Destiny and the listing agent is David Lilley. 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
Office
Hillman Homes