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    355 Washington Street

    Somerville, MA 02143
    • $1,685,000
    • STATUS: Active
    • MLS #: 72753891
    Price Reduced
    UPDATED: 40 min ago
    $1,685,000
    • 5
      BEDS
    • 0.06
      ACRES
    • 3
      BATHS
    • 2
      1/2 BATHS
    • 4,430
      SQFT
    • $380
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Ed Lyon of Preservation Properties.

    Description

    Unique, Legal Mixed Use 3 Family with 4430sf of living area & 4 private pkg spaces. Former home of the Pioneer Food Mart grocery store for 50 years, w/ 3 levels of updated living space incl a huge studio w/ wide open space on 1st fl {main room is 26'x28'}. Seller rebuilt the original one level building from the foundation up. New 2nd & 3rd stories were added in 2001 to create oversized 2BR 1.5BA apartments with sun-filled living space. Sliders to covered balconies overlooking Perry Park. Stack laundry in each unit, open kitchens with counter dining creates great cooking & entertaining space. Fully insulated units, replacement windows, high efficiency gas HVAC & power vented water heaters. Many potential uses on 1st floor. Latest below market rents still brought in $86,500/year. Buyer's due diligence needed. Huge storage space in bright, clean bsmt. Sprinkler system, fire alarm = peace of mind. A short walk to Union Sq & new green line and Harvard Sq & the red line. OH SAT&SUN 12:30-2pm

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    The property listing data and information 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 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 set forth herein. Data last updated 2021-03-04T19:07:36.743.
    www.teamrosoremax.com/homes/111654264
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    355 Washington Street Somerville, MA 02143

    • Price: $1,685,000
    • Status: Active
    • Updated: 40 min ago
    • MLS #: 72753891
    5
    Beds
    3
    Baths
    2
    ½ Baths
    0.06
    Acres
    4,430
    SQFT
    $380
    $/SQFT
    1925
    Built
    Neighborhood:
    Union Square
    County:
    Middlesex
    Area:
    Union Square
    Property Description
    Unique, Legal Mixed Use 3 Family with 4430sf of living area & 4 private pkg spaces. Former home of the Pioneer Food Mart grocery store for 50 years, w/ 3 levels of updated living space incl a huge studio w/ wide open space on 1st fl {main room is 26'x28'}. Seller rebuilt the original one level building from the foundation up. New 2nd & 3rd stories were added in 2001 to create oversized 2BR 1.5BA apartments with sun-filled living space. Sliders to covered balconies overlooking Perry Park. Stack laundry in each unit, open kitchens with counter dining creates great cooking & entertaining space. Fully insulated units, replacement windows, high efficiency gas HVAC & power vented water heaters. Many potential uses on 1st floor. Latest below market rents still brought in $86,500/year. Buyer's due diligence needed. Huge storage space in bright, clean bsmt. Sprinkler system, fire alarm = peace of mind. A short walk to Union Sq & new green line and Harvard Sq & the red line. OH SAT&SUN 12:30-2pm
    Exterior Features

    Beachfront No Color Light Grey Construction Frame Exterior ShinglesWoodBrick Exterior Features BalconyGutters Foundation Poured ConcreteConcrete BlockGraniteIrregular Foundation Size Appox 1475 Lot Description Paved DriveLevel Parking Features Off-StreetCommonPaved Driveway Parking Spaces 4 Road Type PublicPavedPublicly Maint.Sidewalk Roof Material Rubber Waterfront Flag No Waterview Flag No

    Interior Features

    Appliances Unit1 RangeDishwasherRefrigeratorWasherDryer Appliances Unit2 RangeDishwasherMicrowaveRefrigeratorWasherDryer Appliances Unit3 RangeDishwasherMicrowaveRefrigeratorWasherDryer Basement Yes Basement Features FullInterior AccessConcrete FloorUnfinished Basement Bedrooms Unit1 1 Bedrooms Unit2 2 Bedrooms Unit3 2 Cooling Unit1 Central AirUnit Control Cooling Unit2 Central AirIndividual Cooling Unit3 Central AirUnit Control Cooling Units 3 Cooling Zones 3 Energy Features Insulated WindowsInsulated DoorsProg. Thermostat Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Flooring Varies Per UnitLaminateHardwood Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 1 Half Baths Unit3 1 Heat Units 3 Heat Zones 3 Heating Unit1 Central HeatForced AirGasIndividualUnit Control Heating Unit2 Central HeatForced AirGasIndividual Heating Unit3 Central HeatForced AirGasIndividual Hot Water Natural Gas Interior Features Common Storage Interior Features Unit1 Ceiling FansCable Tv AvailableWood FlooringBathroom With Tub & ShowerOpen Floor PlanProgrammable ThermostatRemodeledInternet Available - Fiber-Optic Interior Features Unit2 Ceiling FansCable Tv AvailableLead Certification AvailableBalcony/DeckHardwood FloorsBathroom With Tub & ShowerOpen Floor PlanRemodeledSliderInternet Available - Fiber-Optic Interior Features Unit3 Ceiling FansCable Tv AvailableHardwood FloorsOpen Floor PlanRemodeledWall To Wall CarpetInternet Available - Fiber-Optic Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Rooms 12 Rooms Description Unit1 LaundryLiving Rm/Dining Rm ComboOther (See Remarks) Rooms Description Unit2 KitchenLiving Rm/Dining Rm Combo Rooms Description Unit3 KitchenLiving Rm/Dining Rm Combo Rooms Unit1 2 Rooms Unit2 5 Rooms Unit3 5

    Property Features

    Amenities Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityBike PathConservation AreaHighway AccessHouse Of WorshipPrivate SchoolPublic SchoolT-StationUniversity Apod Available Yes Assessments 1470000.00 Disclosure No Disclosures See Agent About Disclosures. Several 1st Flr Photos Virtually Staged. Buyer To Perform Due Diligence On Mixed Uses Permitted By Zoning. Seller And Agent Make No Representations. Rents Quoted Are Most Recent & Likely Below Market. Tenants Recently Moved Out Of Units 1&3 Due To Sale Of Bldg. Electric Features Circuit Breakers200 AmpsIndividually Metered Expenses Source Owner Provided Expenses Year End 12/19 Gross Operating Income 86400 Lead Paint NoneUnknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lender Owned No Lot 18 Multifamily Type 3 Family - 3 Units Up/Down Net Operating Income 55489 Rent Description Unit1 Water Rent Description Unit2 Water Rent Description Unit3 Water Rent Unit1 2200 Rent Unit2 2500 Rent Unit3 2500 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2020 Taxes 23990.40 Terms Contract For Deed Utility Connections For Gas RangeFor Electric RangeFor Gas OvenFor Electric OvenFor Electric DryerWasher Hookup Water City/Town Water Year Built Description ActualRenovated Since Year Built Source Public Record Year Round Yes Zoning Rb

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Ed Lyon of Preservation Properties.


    The property listing data and information 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 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 set forth herein. Data last updated 2021-03-04T19:07:36.743.
     
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    Re/Max Vantage
    77 State Road
    Dartmouth MA, 02747
    Listing courtesy of Ed Lyon of Preservation Properties.