This Property is No Longer Available
27-29 Knapp St, Somerville, MA 02143
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$1,060,000
*Sale Price
2 Unit
5 Beds
2 Baths
1780 SQFT
0.04 Acre

Property Description

This well maintained 2-Family home is ideally located near Union, Inman, and Harvard Square in a quiet neighborhood. The first unit has 2 bedrooms, 1 bathroom, and 1 off street parking spot. The second unit has 3 bedrooms, 1 bathroom, and1 off street parking spot. There are two additional on street guest parking passes. The home has several upgrades including insulated windows and and a Navien boiler (2022). There is a well maintained composite deck. The home will be delivered vacant. The estimated capitalization rate is over 5.25%

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Amenities: Highway Access, Park, Public Transportation, Shopping, T-Station, University
  • Basement Features: Concrete Floor, Full, Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom with Shower Stall, Other (See Remarks), Storage, Tile Floor
  • Common Appliances: Dishwasher, Disposal, Dryer Hookup, Microwave, Other (See Remarks), Range, Washer Hookup
  • Common Heating: Electric, Extra Flue, Forced Air, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Other (See Remarks), Space Heater

Financial

  • APOD Available: No
  • Gross Operating Income: 73800
  • Net Operating Income: 73800

Utilities

  • Heat Zones: 2
  • Electric Info: 220 Volts, At Street, Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Dryer, for Electric Oven, for Electric Range, for Gas Oven, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Gas, Heat, Hot Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Gas, Heat, Hot Water, Other (See Remarks)
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1920
  • Type: 2 Family - 2 Units Up/Down
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Tile, Vinyl, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73304979
  • Last Updated: 12/11/24
  • Terms: Estate Sale

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/11/2024Sold$1,060,000$596MLSPIN
11/21/2024Under Agreement$1,049,000$589MLSPIN
11/01/2024Active$1,049,000$589MLSPIN
10/28/2024Back on Market$1,049,000$589MLSPIN
10/28/2024Contingent$1,049,000$589MLSPIN
10/26/2024Active$1,049,000$589MLSPIN
10/22/2024New$1,049,000$589MLSPIN

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Seller's Representative: Eric Hung, Engel & Volkers Wellesley
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 2024-12-11 20:05:00

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