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81 Gilman Street, Somerville, MA 02145

Multi-Family

$1,390,000
Price

2
Units
2,582
Approx. GLA
Location! Location! Location! MBTA Gilman Square Green Line projected to open in 2021; Great Opportunity to owe a Large two family just a block away from new Gilman Square T stop. A commuter’s dream come true! New Roof installed in February 2020, separate Electric panels for each Unit with circuit breakers, 2 Gas furnaces and 2 hot water heaters, Large Walk-out Basement which could be finished to add more living space in Future! Unit 2 has newer kitchen cabinets, stylish new quartz counter-tops/back-splash and all new hardwood floors. Both the units are fully rented w/ “Tenancy at Will” leases. Accessible to all T-Stations including Sullivan Square, Kendall, Davis Square, walk to Union Square; Enjoy all the amenities at Assembly Square. Minutes to Schools, shopping, and all the major arteries, Cambridge and Boston. This property gives Good Condo Conversion opportunity - Surprised this already isn't two Condos! Hot Somerville market where prices are going up and this will not last!!
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Walk Out, Concrete Floor
List Price: $1,390,000
Type: Multi-Family
Multi-Family Type: 2 Family
Status: Active
Beds: 6
Baths: 2
Units: 2
Year Built: 1900
Year Round: Yes
Approx. GLA: 2,582
MLS#: 72627492
Interior
Basement: Yes
Electric Features: 220 Volts, 100 Amps, Individually Metered
Heating Units: 2
Heating Zones: 2
Flooring: Tile, Hardwood
Rooms: 14
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.06
Lot Size: 2,565.00
Lot Description: Paved Drive
Foundation: Poured Concrete
Parking Spaces: 1
Parking Features: Improved Driveway
Road Type: Paved
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range
Exterior: Vinyl
Exterior Features: Porch, Porch - Enclosed
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: Unknown
Lender Owned: Unknown
APOD Available: No
Assessed Price: $910,900
Taxes: $9,191
Tax Year: 2020
Book/Page: 73484/584
Beach
Beach: No
Expenses
Gross Income: $71,400
Total Rent: $4,500
Net Income: $71,400
Additional
Amenities: Public Transportation, Shopping, Park, Highway Access, T-Station
Disclosure Declaration: No
Disclosure: The Listing Agent has interest in the Property. Buyer to do all due diligence. Property is being sold in "AS IS". Seller or Broker makes no warranties, guarantees, expressed or implied and selling property in "AS-IS" w/ no liability related to property to Seller or Broker.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 6 3 0 1 1 0 No 1 $2,200
Unit 2 8 3 0 2 1 0 No 2 $2,300
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The listing office is Primus Realty and the listing agent is Susan Chopra. 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.
 
Ed Accomando, REALTOR®
Ed Accomando, REALTOR®
RE/MAX Andrew Realty Services

Serving Massachusetts & New Hampshire

Medford Office:
12 High Street
Phone: (781) 395-7676

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335 Main Street Suite 103
Phone: (781) 438-7220


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