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$1,325,000
Total Beds: 5 Total Baths: 3
Total Units: 3 SQFT: 3117
LOT size: 0.06 Acres
23 Charnwood Rd
Somerville, MA 02144
This Property is No Longer Available

Property Description

Rare opportunity for an Investment Property located between Davis Square Somerville and Porter Square in Cambridge! Whether you are an investor or looking to owner occupy a multi family home - this is your chance! Philadephia Style Three Family Home located on a desirable tree-lined neighborhood. Each unit features wood floors, vinyl windows, ample storage, and high ceilings. Ideal urban location with off street parking; within minutes to T- Station, local colleges, museums, retail and shopping. Each unit is seperately metered for Gas & Electric. All the big ticket items have been done: Vinyl Windows, Three Gas Furnances installed 2000, Gas Water Heater 2018, Updated Electrical in 2002 & 2006, New Roof installed 2014, New Sewer/Water Line in 2020. Steps away to Davis Square and only 0.4 mile walk to Porter Square. Solid rental history with room for improvement given the location. This turn-key 3 Family is a must see!

Property Details

Building Information

  • Total Units: 3
  • Total Rent: 4500
  • Total Floors: 6
  • Levels: 3
  • Total Rooms: 14
  • RMS: 12
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Amenities: Bike Path, Highway Access, House of Worship, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Common Appliances: Dryer Hookup, Washer Hookup
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 54000
  • Net Operating Income: 54000

Utilities

  • Hot Water: Natural Gas
  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Utility Connections: for Electric Dryer, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Rent: 1550
  • Included in Rent: Water
  • Under Lease: No
  • Rooms: 5
  • Floors: 1
  • Bedrooms: 2
  • Full Baths: 1
  • Other Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Appliances: Range, Refrigerator
  • Interior Features: Bathroom With Tub & Shower, Cable TV Available, Philadelphia, Wood Flooring
  • Heating: Extra Flue, Forced Air, Gas, Gas, Geothermal Heat Source, Heat Pump, Hot Air Gravity, Individual, Oil, Oil, Unit Control
  • Levels: 1

Unit 2 Description

  • Rent: 1500
  • Included in Rent: Water
  • Under Lease: Yes
  • Rooms: 5
  • Floors: 2
  • Bedrooms: 2
  • Full Baths: 1
  • Other Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Appliances: Range, Refrigerator
  • Interior Features: Bathroom With Tub & Shower, Cable TV Available, Philadelphia, Wood Flooring
  • Heating: Extra Flue, Forced Air, Gas, Gas, Geothermal Heat Source, Heat Pump, Hot Air Gravity, Individual, Oil, Oil, Unit Control
  • Levels: 1

Unit 3 Description

  • Rent: 1450
  • Included in Rent: Water
  • Under Lease: Yes
  • Rooms: 4
  • Floors: 3
  • Bedrooms: 2
  • Full Baths: 1
  • Other Rooms: Kitchen, Living Room, Office/Den
  • Appliances: Range, Refrigerator
  • Interior Features: Cable TV Available, Pantry, Philadelphia, Skylight, Wood Flooring
  • Heating: Extra Flue, Forced Air, Gas, Gas, Geothermal Heat Source, Heat Pump, Hot Air Gravity, Individual, Oil, Oil, Unit Control

Construction

  • Year Built: 1915
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl, Wood
  • Lead Paint: Yes
  • Year Round: Yes

Other Information

  • MLS ID# 72810048
  • Last Updated: 05/14/21
  • Terms: Contract for Deed, Rent w/Option

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