See Home Value
$1,696,735*
Multifamily - Off Market

8 Melvin

Somerville, MA 02145
bedrooms
7 Beds
bathrooms
3 Baths
square feet
4324 Sqft
$1,035,000 - $1,263,000
Reference Base Price*
47.55%
Since Mar 1, 2019
MA-Boston
Primary Model

About This Property

6 CapRate – Fabulous Oversized, Vacant Philadelphia Style, 2-family in Winter Hill. 1st-floor unit features beautiful hardwood floors and sun porch! This bright and lovely unit is used as a 3 bedroom unit, 1 bath with a spacious living room, dining, and eat-in kitchen. The 2nd-floor unit has a spacious and bright open floor plan, living and dining combo, 2 sun porches, has hardwood floors along with 2 bedrooms on the main floor, and 2 additional bedrooms on finished upper level. It also has a bonus room which could be a study or walls taken down to expand the 2 adjacent bedrooms. There are 2 bathrooms in the second unit and one of the bathrooms is on the 2nd-floor level. New Roof, truly a fantastic property to add to your portfolio. The driveway can fit 2 cars, and also has a fenced-in yard with lawn area. This remarkable investment is located near shops, restaurants, easy access to MBTA/public transportation, major highways, and 12 minutes from Downtown Boston. *All Offers are Welcome

The manager has listed the unit size as 4324 square feet.
Unit Size
4,324Ft²
Days on Market
-
Land Size
3,728.00 acres
Price per sqft
$266
Property Type
Multifamily
Property Taxes
$8,963
HOA Dues
-
Year Built
1910

Price History

Date / Event Date Event Price
Feb 15, 2019 No longer available -
No longer available
Jan 21, 2019 Price Decreased $1,149,900
↓ $35K (3%)
Price Decreased
Dec 13, 2018 Listed $1,185,000
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
4 Baths
-
$1,050,000 Oct 16, 2023
$1,050,000 Nov 20, 2023
$790/mo
Multifamily
6 Beds
4 Baths
-
$1,175,000 Jun 5, 2020
$1,175,000 Nov 6, 2020
$762/mo
Multifamily
8 Beds
3 Baths
-
$1,150,000 Apr 11, 2017
$1,150,000 Aug 18, 2017
$649/mo
Multifamily
6 Beds
3 Baths
-
$900,000 Apr 25, 2016
$900,000 Oct 4, 2016
$550/mo
Multifamily
6 Beds
3 Baths
-
$1,150,000 Nov 30, 2021
$1,150,000 Feb 9, 2022
$712/mo
Multifamily
8 Beds
3 Baths
-
$1,000,000 Apr 24, 2021
$1,000,000 Sep 17, 2021
$749/mo
Multifamily
7 Beds
3 Baths
-
$1,349,000 Sep 11, 2023
-
$662/mo
Multifamily
6 Beds
3 Baths
-
$1,050,000 Nov 6, 2023
-
$668/mo
Multifamily
5 Beds
3 Baths
-
$1,100,000 Jan 16, 2024
-
$731/mo
Multifamily
5 Beds
3 Baths
-
$1,299,000 Feb 15, 2024
-
$688/mo
Multifamily
5 Beds
2 Baths
-
$1,250,000 Sep 19, 2023
-
$768/mo
Multifamily
99 Beds
99 Baths
-
$1,249,900 Jul 12, 2023
-
$582/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181213
12/13/2018
7 Bed
3 Bath
4324 ft²
$1,185,000
bedrooms
7 Bed
bathrooms
3 Bath
square feet
4324 ft²
-
-
-
-

Building Info

8 Melvin Street 8 Melvin Street, Somerville, MA 02145
  • 1 Unit for Sale
More about this Building
8 Melvin Street
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About Winter Hill


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