Somerville, MA 02145,25 Temple St.
Somerville, MA 02145,25 Temple St.
Somerville, MA 02145,25 Temple St.
$1,620,000
Est. payment /mo
$1,750,000
7.4%
Est.Price: ?

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7 Beds
6 Baths
3,469 SqFt
SOLD DATE : 10/11/2024

Key Details

Sold Price $1,620,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 3,469 sqft

Price per Sqft $466

MLS Listing ID 73242793

Sold Date 10/11/24

Bedrooms 7

Full Baths 6

Year Built 1900

Annual Tax Amount $13,169

Tax Year 2024

Lot Size 3,484 Sqft

Acres 0.08

Property Description

5-family investment opportunity in the heart of Winter Hill! 25-27 Temple St. is positioned in a transit-oriented pocket of Somerville, directly adjacent to the impending infill development on 299 Broadway (featuring 288 residential units, a pedestrian path and new public park). Just south of I-93 and 0.5 miles north of the Gilman Sq. T Stop (Green Line), the building offers five (5) residential units with very flexible floorplans, as well as an in-law suite and additional square footage on the ground level. Gas and electricity are separately metered for each unit, common laundry is located in the basement, and three (3) parking spaces are apportioned in the driveway along the right-hand-side of the property. Listed at a cumulative sum of just $350,000 per unit, end-users can harness an existing rent roll in an appreciating sector of the city, with the ability to augment unit configurations and heighten return over time.

Location

State MA

County Middlesex

Area Winter Hill

Zoning RB

Direction GPS

Rooms

Basement Full, Partially Finished, Walk-Out Access

Interior

Flooring Hardwood

Basement Type Full,Partially Finished,Walk-Out Access

Exterior

Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks

Roof Type Shingle

Total Parking Spaces 3

Garage No

Building

Lot Description Level

Story 9

Foundation Concrete Perimeter, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Coelho Realty Group LLC
Bought with Sino-US Realty Team • Keller Williams Realty

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+1(508) 790-2300

Office | License ID: 3005

Office License ID: 3005

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