Turnkey 6-unit investment package in booming East Somerville! This offering includes two buildings across two parcels: a 4-unit structure at 84-86 Cross Street and a detached 2-unit building at 86R Cross Street. This is a plug-and-play asset ideal for buy-and-hold investors. Two legal parcels open the door to condo conversion, value-add improvements, or redevelopment down the line. Updated units in well-maintained property. All 3 upper units have back decks! Patio space between the 2 buildings! 3 vehicle driveway parking, with the possibility of adding more parking! Centralized laundry room! Strategically located just blocks from the Green Line Extension, Assembly Row, and I-93, this is a high-demand rental area with low vacancy and strong appreciation. Rare to find this kind of scale and location at once, don’t miss it!
— MLSPIN #: 73380216Map of 84-86R Cross St, Somerville, MA 02145
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| List Price: | $2,322,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73380216 |
| Town: | Somerville |
| County: | Middlesex |
| Zip: | 02145 |
| Property Type: | Residential Income |
| Property Sub Type: | 5-9 Family |
| Bedrooms: | 8 |
| Full Baths: | 6 |
| Living Area: | 4,661 sqft |
| Acres: | 0.07 |
| Taxes: | 17,984 |
| Flooring: | Wood |
| Parking Features: | Paved Drive, Off Street, Paved |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1900 |
| Directions: | Use GPS. |
| Laundry Features: | Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup |
| Foundation Details: | Slab |
| Listing Contract Date: | 2025-05-27 |
| Lot Size Area: | 0.07 |
| Lot Size Square Feet: | 3,049 |
| Rooms Total: | 20 |
| Bathrooms Total Integer: | 6 |
| Basement: | true |
| Basement: | Full |
| Building Area Source: | Other |
| Building Area Total: | 4,661 |
| Community Features: | Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Highway Access, T-Station |
| Levels: | 7 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 6 |
| Open Parking?: | Yes |
| Patio And Porch Features: | Deck - Wood, Patio |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Utilities: | for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Gas Dryer, for Electric Dryer, Washer Hookup |
| Zoning: | NR |
| Stories Total: | 7 |
| Year Built Source: | Public Records |
| Disclosures: | YEAR BUILT CLARIFICATION: 84 Cross St built in 1890, 86 Cross St built in 1930, 86R Cross St built in 1900. This property consists of Somerville Parcel IDs: 13588 and 13587. |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $179,400 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Comp Based On: | Gross/Full Sale Price |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 1 |
| Flrs 4: | 2 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Lease 4: | No |
| Levels 1: | 1 |
| Levels 2: | 2 |
| Levels 3: | 1 |
| Levels 4: | 2 |
| Listing Alert: | No |
| List Price Per Sqft: | $498.18 |
| Page: | 262 |
| Price Per Sqft: | $498.18 |
| Square Feet Incl Base: | No |
| Sub Agency Offered: | No |
| Net Operating Income: | $153,000 |
| Original List Price: | $2,322,000 |
| Parking Total: | 3 |
| Tax Assessed Value: | $1,648,400 |
| Tax Year: | 2024 |
| Total Actual Rent: | $14,950 |
| Year Built Details: | Approximate |
| Bedrms 1: | 2 |
| Bedrms 2: | 1 |
| Bedrms 3: | 1 |
| Bedrms 4: | 2 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| F Bths 4: | 1 |
| Hot Water: | Natural Gas |
| Rent1: | 2,900 |
| Rent2: | 2,550 |
| Rent3: | 2,300 |
| Rent4: | 2,600 |
Disclaimer:
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 June 14, 2025 02:55 PM
Property Last Updated: May 31, 2025 03:09 AM
Listing Courtesy of: Mr. Chaddles Real Estate
Listing Agent: Chad Myers
857-222-6677
