$14,000,000
$15,000,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
19 Central Street Somerville, MA 02143
99 Beds
30 Baths
999 SqFt
Key Details
Sold Price $14,000,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 999 sqft
Price per Sqft $14,014
MLS Listing ID 72921917
Sold Date 03/24/22
Bedrooms 99
Full Baths 30
Year Built 1977
Annual Tax Amount $49,740
Tax Year 2021
Lot Size 0.560 Acres
Acres 0.56
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
The beautifully maintained, three-story building contains (30) residential units consisting of (15), 1-Bedroom/1-Bedroom units, (12), 2-Bedroom/1-Bathroom units, and (3), studio units in 20,580 sqft. of living area on a 0.56-acre parcel with parking for 33 vehicles. Since the buildings acquisition in 2019, 19 Central has undergone extensive renovations under current ownership. The majority of the units have been renovated with updated kitchens, bathrooms and flooring throughout. Additional renovations include refreshed common areas, updated electrical and window pane replacements. Building amenities include an on-site laundry facility, private storage, indoor bike racks and wall air conditioning units for all apartments. Located in the Spring Hill neighborhood of Somerville, in the path of the future Green Line Extension, the Property offers the rare opportunity to acquire a generational multi family asset with significant upside potential in one of the hottest real estate markets.
Location
State MA
County Middlesex
Area Spring Hill
Zoning UR
Direction Off of Somerville Ave
Rooms
Basement Full, Walk-Out Access
Interior
Appliance Gas Water Heater
Laundry Laundry Room
Exterior
Roof Type Shingle, Tar/Gravel
Total Parking Spaces 33
Garage No
Building
Lot Description Other
Story 3
Foundation Other
Sewer Public Sewer
Water Public
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Bought with John Pentore • Horvath & Tremblay