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9 Concord Ave, Somerville, MA 02143

$1,100,000

  • For Sale
  • Under Contract
  • Multi-Family
  • 2 Units
  • 9 Total Beds
  • 0.1 Acres
9 Concord Ave, Somerville, MA 02143 View this property at 9 Concord Ave, Somerville, MA 02143
9 Concord Ave Somerville MA 02143

Property Description

New rare to find fully leased 2 family in coveted Union Sq. 1 Block from the up and coming Green Line T, bars and excellent culinary cuisines. Also blocks away from the bustling Inman Sq. and Cambridge Line. Excellent rental location and long term upside potential. All units leased until Aug 31, 2017, with 7% escalation clauses if renewed for 2018, turnkey property. Strong credited tenants. Collect positive cash flow from Day 1. Units are in renovated condition with the potential to upgrade even further & increase income with small improv. HW floors. Utilities individually metered, spacious rooms, Maintenance free Vinyl Siding, Laundry coin-op basement 60/mo income, 1st Floor unit Includes off-street parking for 150/mo. Large
Fenced in yard, Side & Back decks off units. See attached Flr Plan. Open House Thur 12/1 (2:30-3:30pm), Sun 12/4 (2:30-3:30pm), Wed 12/7 (2:30p-3:30p). Only showings @ OH, bids due Wed 12/7 @ 5pm

Full Property Details for 9 Concord Ave

  • Price: $1,100,000
  • Taxes: $9,958 (2016)
  • Status: Under Contract
  • Type: Multi-Family
  • MLS ID: 72097235
  • Updated: 12/23/2016
  • Added: 82 day(s) ago

Property History

  • 9 Concord Ave, Somerville, MA
  • Listed at $1,100,000 on 11/30/16

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 9

Parking

  • Parking Features: Off-Street, Tandem, Paved Driveway

Location

  • County: Middlesex

Structural Information

  • Architectural Style: Two-Family
  • Basement: Yes
  • Stories Description: 3
  • Square Feet: 3,016
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,171

Financial Considerations

  • Tax Amount: $9,958
  • Tax Year: 2016

Listed by Boston Investments, Tony Madan

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Estimate the Cost

9 Concord Ave will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

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In the Community

Nearby Schools

9 Concord Ave, Somerville, MA 02143 (MLS# 72097235) is a Multi-Family property with 2 units containing 9 bedrooms and 3 full bathrooms. 9 Concord Ave is currently listed for $1,100,000 and was received on November 30, 2016. Want to learn more about 9 Concord Ave? Do you have questions about finding other Multi-Family real estate for sale in Somerville? You can browse all Somerville real estate or contact a Coldwell Banker agent to request more information.

Listed by Boston Investments, Tony Madan

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