75-77 Bailey Road, Somerville, MA 02145
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$1,189,900
2 Unit
6 Beds
4 Baths
2844 SQFT
0.09 Acre

Property Description

***HUGE PRICE REDUCTION***BRIGHT and SUNNY Ten Hills area two - family, will be on the market for the first time in 82 years! This very spacious and updated property offers tremendous Living/Owner Occupied, Investment and Additional unit(s) Development Potential. Somerville zoning allows a third unit which could be quite feasible based upon the 3rd floor/attic's spacious area. Both units include 7 rooms, 3 bedrooms, 1.5 baths, Hardwood flooring, newer appliances, newer gas burners, 4 year new roof, newer vinyl windows, recently painted interiors, 2 car garage. Did we mention easy access to Assembly Row, 100 yards to the Orange Bus Line, 3.4 Miles to Boston, 1 mile to Rt 93? So, if you're in this real estate market for opportunity, look no further. You absolutely need to take a peek!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Total Half Baths: 2
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station, University, Walk/Jog Trails
  • Basement Features: Full
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den, Sunroom
  • Common Interior Features: Bathroom With Tub & Shower, Floored Attic, Pantry, Stone/Granite/Solid Counters, Storage, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Common Heating: Central Heat, Central Heat, Electric, Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Hot Water Radiators, Steam
  • Common Cooling: None

Financial

  • APOD Available: No
  • Expenses Source: Accountant Provided
  • Gross Operating Income: 36000
  • Net Operating Income: 36000

Utilities

  • Heat Zones: 2
  • Electric Info: 100 Amps, Circuit Breakers, Individually Metered, Other (See Remarks), Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1931
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Vinyl, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73290908
  • Last Updated: 11/18/24
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/18/2024Contingent$1,189,900$418MLSPIN
10/19/2024Active$1,189,900$418MLSPIN
10/15/2024Price Change$1,189,900$418MLSPIN
10/05/2024Active$1,269,900$447MLSPIN
10/01/2024New$1,269,900$447MLSPIN

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Seller's Representative: Anthony Salerno, Berkshire Hathaway HomeServices Verani Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-11-18 14:22:00