5-7 Cottage Avenue Somerville, MA ^$ 1,795,000

5-7 Cottage Avenue

^$ 1,795,000

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5-7 Cottage Avenue

Somerville, MA, 02144

^$ 1,795,000

Bedrooms3 Baths3.0 Sq 3,007

Monthly Estimate*

^$ 11,930

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Multi-Family Home for sale in Somerville, MA

for $1,795,000 with 3 bedrooms and 3 full baths. This 3,007 square foot home was built in 1920 on a lot size of 0.08.

Lovely 3-family with 2-bay garage and double-wide driveway on a pretty residential street in prime Davis Sq. location. Excellent rental history. Notable features include updated kitchen in Unit 1; updated kitchen in Unit 2 w/gas cooktop, separate oven, vent hood, butcher block counters, ss appliances; w/d and wood burning fp in Unit 2; recently rebuilt front and rear porches; shared bsmt w/d for Units 1 and 3; large windows; hardwood floors; front and side garden/yard; rear patio. All 3 units are 1 bed/1 bath with leases thru 8/31/24; Unit 1 could be delivered vacant by July 1. Would also convert nicely to 2 units (see uploaded plans) or single family. Enjoy the many delights of Davis Sq. – shops, restaurants, nightlife, Red Line subway stop. Cottage Ave. is also walkable to the Porter Sq. Red Line and commuter rail stations, 2 new GLX stations, and to Ball, Magoun, and Teele Sqs. Easy commute by bike, foot, or public transit to Harvard, MIT, and Tufts; near major highways and airport.

Multi-Family Active

Price

^$ 1,795,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 15,393

Style

3 Family

Lot Size

0.08

Year Built

1920

Town/City

Somerville

County/Region

Middlesex

MLS | Web ID

73229155

List By

Thalia C. Tringo

Listing Agent

Thalia Tringo & Associates Real Estate, Inc.

Broker

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$13,213

Per Month

Monthly Principal & Interest: $11,930
Monthly Property Taxes: $1,283
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Multi-family listings in Somerville, MA

Average List Price ^$2,287,530

Percent of Sale Price 27%

About Somerville, MA

81,036 Population

5% Since 2002

^$82,952 Median Income

36.55 Median Age

16% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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Pricing History

Date	Price	Price Change	Description
5/7/2024	$1,795,000	-5.28%	Price Down
4/26/2024	$1,895,000		Listed Price

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5-7 Cottage Avenue, Somerville, MA, 02144 is a Multi-Family Home for sale at $1,795,000 with 3,007 sqft and a lot size of 0.08. 5-7 Cottage Avenue has 3 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 02144 which is in Somerville, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/3/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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 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 or leasing 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 or leasing. 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.

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5-7 Cottage Avenue

Multi-Family Home for sale in Somerville, MA

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