Yearly income of $107,000 makes for an excellent investment property for small investors with plenty of room to grow! Very low maintenance in one of the hottest neighborhoods. 8/10th mile from Porter Square and Davis Square. The property was fully renovated in 2022 with high-end finishes from Kohler and Porcelanosa, as well as central air and natural gas forced heat. Tenants pay all utilities except water and sewer. Red or Green line within 1 mile from Union Square, Porter Square or Harvard. Close to Harvard Grad school campuses via pedestrian Walk-way. Stop and Shop, Market Basket and Star Market with dozens of new upscale eateries. Great potential for either an owner occupant or grad student rental, each bedroom having separate baths and common yard out the back.
— MLSPIN #: 73362095Map of 17 Belmont St, Somerville, MA 02143
List Price: | $1,789,000 |
---|---|
Status: | Active |
MLS ID: | 73362095 |
Town: | Somerville |
County: | Middlesex |
Zip: | 02143 |
Property Type: | Residential Income |
Property Sub Type: | Multi Family |
Bedrooms: | 6 |
Full Baths: | 6 |
Living Area: | 2,577 sqft |
Acres: | 0.06 |
Taxes: | 13,210 |
Status: | Active |
Water Source: | Public |
Year Built: | 1900 |
Directions: | GPS |
Foundation Details: | Stone |
Postal Code Plus4: | 2539 |
Listing Contract Date: | 2025-04-21 |
Lot Size Area: | 0.06 |
Lot Size Square Feet: | 2,550 |
Rooms Total: | 10 |
Bathrooms Total Integer: | 6 |
Basement: | true |
Basement: | Full |
Building Area Source: | Public Records |
Building Area Total: | 2,577 |
Community Features: | Public Transportation, Park, Laundromat, Highway Access, University |
Fencing: | Fenced/Enclosed |
Levels: | 3 |
Living Area Units: | Square Feet |
Lot Size Units: | Acres |
Number Of Units Total: | 2 |
Parcel Number: | M:44 B:A L:30, 753970 |
Sewer: | Public Sewer |
Zoning: | RB |
Stories Total: | 3 |
Year Built Source: | Public Records |
Electric Expense: | $216 |
Farm Land Area Units: | Square Feet |
Gross Income: | $107,000 |
Listing Agreement: | Exclusive Right To Sell |
Apod Available: | No |
Certificate Number: | 000000000276803 |
Color: | Blue |
Disclosure: | No |
Dpr Flag: | No |
Flrs 1: | 1 |
Flrs 2: | 2 |
Gre: | 4,599 |
Lead Paint: | Unknown |
Lease 1: | Yes |
Lease 2: | Yes |
Levels 1: | 1 |
Levels 2: | 2 |
Listing Alert: | No |
List Price Per Sqft: | $694.22 |
Mse: | 200 |
Page: | 50 |
Price Per Sqft: | $694.22 |
Square Feet Incl Base: | No |
Net Operating Income: | $102,201 |
Operating Expense: | $4,599 |
Original List Price: | $1,789,000 |
Tax Assessed Value: | $1,210,800 |
Tax Year: | 2025 |
Total Actual Rent: | $8,900 |
Water Sewer Expense: | $1,097 |
Year Built Details: | Approximate |
Bedrms 1: | 2 |
Bedrms 2: | 4 |
F Bths 1: | 2 |
F Bths 2: | 4 |
Rent1: | 3,400 |
Rent2: | 5,500 |
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on April 30, 2025 02:05 AM
Property Last Updated: April 25, 2025 03:06 AM
Listing Courtesy of: Gibson Sotheby's International Realty
Listing Agent: Ken Smith
617-592-3249