6-8-10-12 Liden St, Somerville, MA 02143
View Map
$4,000,000
4 Unit
12 Beds
8 Baths
4592 SQFT
0.10 Acre

Property Description

A 4-unit new construction building with approximately a 7% cap rate on the invested money presents an excellent opportunity for investors or owner-occupiers seeking profit and long-term growth. It benefits from having condo documents in hand, leading to savings on property tax. Additionally, it can be sold as individual condominiums. Each unit features two levels, three bedrooms, and three baths. The house unit has a rooftop. It is conveniently located approximately 1.8 miles from Harvard Square Cambridge. The MBTA train station is just 0.3 miles away.it will be delivered with occupancy certificate.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 10
  • Total Bedrooms: 12
  • Total Full Baths: 8
  • Amenities: Bike Path, Highway Access, Laundromat, Park, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Finished, Full, Interior Access, Other (See Remarks), Walk Out
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Intercom, Stone/Granite/Solid Counters
  • Common Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Heat Pump
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 264000
  • Net Operating Income: 264000

Utilities

  • Electric Info: 220 Volts, At Street
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: None
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: None
  • Under Lease: No
  • Floors: 4
  • Levels: 2

Unit 3 Description

  • Included in Rent: None
  • Floors: 3
  • Levels: 2

Unit 4 Description

  • Included in Rent: None
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73214061
  • Last Updated: 03/25/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/23/2024Active$4,000,000MLSPIN
03/23/2024Active$4,000,000$871MLSPIN
03/19/2024New$4,000,000MLSPIN
03/19/2024New$4,000,000$871MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Viviane Alvarenga, Century 21 North East
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2%
Facilitator Compensation: 0
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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.

MLS PIN data last updated at 2024-03-25 21:19:00