15-17 Oak St, Somerville, MA 02143
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$2,350,000
4 Unit
7 Beds
5 Baths
3845 SQFT
0.19 Acre

Property Description

MAJOR PRICE Improvement! -------EXCEPTIONAL FOUR-FAMILY opportunity between Inman Square and Union Square. TWO ATTACHED TWO-FAMILY homes -with separate entrances- are being offered for sale as a package. Lots of residential options- Multi-generational living, live in one and lease the other out, or keep them as 4 rental dwellings. This property has been cared for by the same family for over 50 years. Off street parking on paved driveway of #15 is shared by all tenants. The green backyard space on this 8400 SF lot invites different possibilities. Common laundry in shared basement. #15 and #17 Oak St. are separately assessed for taxes by Somerville and are shown as combined. Visit attached interactive interior floorplans. Group showings to be scheduled. Please check out the 3D Tour attached.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 7
  • Total Full Baths: 5
  • Amenities: Highway Access, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Concrete Floor, Full, Unfinished Basement
  • Common Interior Features: Storage, Tile Floor
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: No
  • Gross Operating Income: 121800
  • Net Operating Income: 121800

Utilities

  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Construction Type: Aluminum, Frame, Post & Beam, Stone/Concrete, Stucco
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73250549
  • Last Updated: 09/25/24
  • Terms: Other (See Remarks), Special

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/25/2024Active$2,350,000$611MLSPIN
09/21/2024Extended$2,350,000$611MLSPIN
09/19/2024Price Change$2,350,000$611MLSPIN
06/15/2024Active$2,488,000$647MLSPIN
06/11/2024New$2,488,000$647MLSPIN

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Seller's Representative: Nathan Long, Coldwell Banker Realty - Cambridge
Sub Agent Compensation: n/a
Buyer Agent Compensation: 1
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-09-25 03:05:00

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