Somerville, MA 02143,571-573 Somerville Ave #571-573
Somerville, MA 02143,571-573 Somerville Ave #571-573
Somerville, MA 02143,571-573 Somerville Ave #571-573
36
$1,900,000
$1,999,996
5.0%
Est.Price: ?

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15 BD
7 BA
5,868 SqFt

571-573 Somerville Ave #571-573 Somerville, MA 02143

Est. payment /mo
SOLD DATE : 07/10/2023

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Key Details

Sold Price $1,900,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 5,868 sqft

Price per Sqft $323

MLS Listing ID 73094219

Bedrooms 15

Full Baths 7

Year Built 1890

Annual Tax Amount $20,597

Tax Year 2022

Lot Size 5,662 Sqft

Property Sub-Type Condominium

Property Description

Amazing investment opportunity - 2 attached Duplex condo buildings for a total of 4 separate condo units sold together, Conway Park Condominiums. This is the entire condo complex for sale as a package deal. 571-571A and 573-573A. Near Union and Porter Squares with access to both Red and Green Line T stops with off street parking. Designed for MAXIMUM income appreciation potential. The condo conversion has already been done. All 4 units have been updated in the last 10 years. Light and bright with high ceilings give it a spacious feel while the tile floors / stairs make it low maintenance. Current monthly rent roll of $10,025 can easily be maximized. Roof structure needs work, Sold AS-IS Must be sold as a package of all 4 units together, commercial financing, hard money or cash offers only. All 4 units are leased. All tenancies sold AS-IS regardless of rent status at closing. No security deposits will be transferred to the buyer. Master Deed Attache

Location

State MA

County Middlesex

Area Spring Hill

Zoning MR3

Interior

Heating Forced Air, Hot Water

Cooling Central Air, Window Unit(s)

Flooring Tile

Laundry In Unit

Exterior

Exterior Feature Balcony, Garden

Community Features Public Transportation, Bike Path, University

Roof Type Shingle

Building

Story 3

Sewer Public Sewer

Water Public

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Listed by Elite Realty Partners LLC
Bought with Elad Bushari • Compass

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agent

Molly Smith

Agent

+1(508) 980-9042

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