See Home Value
$1,082,360*
Multifamily - Off Market

40 Otis St

Somerville, MA 02145
bedrooms
6 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2359 Sqft
$684,000 - $834,000
Reference Base Price*
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

Fantastic investment! Attention Owner Occupants or Investors! Great location in East Somerville! Short distance to so much... Assembly Row, Sullivan Sq T, Rt 93, McGrath Hwy, Trum Field and more.  This DELEADED 2 family features good sized bedrooms and hardwood floors on the 1st and 2nd floors.   All separate utilities.  4-5 car parking plus 2 car garage.  The house is solid and needs some updating but well worth it. Some vinyl windows and some older. 1st floor furnace newer installed in 2016 and H2O tank 2017.  2nd furnace older but in working order with H2O tank installed in 2012. 1st floor unit lease ends 4/2020 and 2nd floor unit is vacant. Basement is equipped with add'l 1/2 bath and kitchenette (without stove, as is code) and storage area.  With your updates and fixing up, this property will be a money maker. Amazing opportunity to own a 2 family in East Somerville which is booming! Upcoming showings at Open house only Sat (10-26) 11-12pm.

The manager has listed the unit size as 2359 square feet.
Unit Size
2,359Ft²
Days on Market
-
Land Size
3,650.00 acres
Price per sqft
$322
Property Type
Multifamily
Property Taxes
$6,834
HOA Dues
-
Year Built
1890

Price History

Date / Event Date Event Price
Nov 2, 2019 No longer available -
No longer available
Oct 11, 2019 Price Decreased $759,900
↓ $39K (4.9%)
Price Decreased
Oct 1, 2019 Listed $799,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
6 Beds
3 Baths
-
$760,000 Oct 1, 2019
$760,000 Dec 16, 2019
$569/mo
Multifamily
6 Beds
3 Baths
-
$699,000 Oct 28, 2015
$699,000 Dec 18, 2015
$375/mo
Multifamily
7 Beds
3 Baths
-
$700,000 Oct 20, 2015
$700,000 Apr 5, 2016
$470/mo
Multifamily
7 Beds
-
-
$630,000 May 24, 2003
$630,000 Aug 4, 2003
$266/mo
Multifamily
2 Beds
2 Baths
-
$840,000 Jul 12, 2018
$840,000 Aug 29, 2018
$486/mo
Multifamily
16 Beds
8 Baths
-
$765,000 Mar 26, 2007
$765,000 Jul 27, 2007
$602/mo
Condo
3 Beds
2 Baths
1,390 ft²
$575/ft²
$799,900 May 19, 2022
-
$150/mo
In Contract
Multifamily
4 Beds
2 Baths
-
$800,000 Jan 10, 2023
-
$525/mo
Multifamily
4 Beds
2 Baths
-
$675,000 Apr 16, 2020
-
$385/mo
In Contract
Multifamily
4 Beds
2 Baths
-
$850,000 Oct 4, 2022
-
$250/mo
House
3 Beds
2 Baths
-
$759,900 Jan 22, 2023
-
$429/mo
House
4 Beds
2 Baths
-
$779,900 Jan 22, 2023
-
$670/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191001
10/01/2019
6 Bed
3 Bath
-
$759,900
bedrooms
6 Bed
bathrooms
3 Bath
$759,900
12/16/2019
-
Joseph Duggan
Trinity Real Estate
20100707
07/07/2010
6 Bed
2 Bath
-
$399,900
bedrooms
6 Bed
bathrooms
2 Bath
$399,900
08/31/2010
-
Joseph Duggan
Trinity Real Estate

Building Info

40 Otis Street 40 Otis Street, Somerville, MA 02145
More about this Building
40 Otis Street
Want to find out who owns 40 Otis Street, Somerville, MA 02145? Get detailed property transactions here .

About East Somerville


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