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$1,300,000
*Sale Price
Total Beds: 5 Total Baths: 2
Total Units: 2 SQFT: 2990
LOT size: 0.09 Acres
50 Spencer Ave
Somerville, MA 02144
View Map
This Property is No Longer Available

Property Description

Wow! Huge TWO-FAMILY tucked away on quiet treelined one-way street in the heart of Somerville! Desirable neighborhood minutes to Davis Sq, Porter Sq, Magoun Sq & Somerville Community Path. Convenient commuter location w/MBTA bus, Red Line, Commuter Rail & main roads (I-93, Rtes 3 & 2A) nearby. This large Philadelphia-style 5 bed home offers about 3000 sq ft of living space over 3 floors. Lots of natural light. High ceilings. Good-sized rooms. Loaded w/character–pine floors, stain glass, pocket doors, mantles, built-in cabinets, ceiling medallions & original woodwork. Downstairs unit in good condition & currently occupied. Upper unit vacant & offers ton of space. Front & rear porches. Nice yard. Oversized 1 car garage could be restored to 2 cars. 4+ car parking in driveway. Improvements include newer gas forced hot air heat, hot water heaters & in-unit laundry. Great for Extended Family, Owner-Occupant w/Rental, Investor or Condo Conversion! Needs work but so much potential! Won't last!

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Amenities: Bike Path, Highway Access, House of Worship, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access, Sump Pump, Unfinished Basement
  • Common Interior Features: Programmable Thermostat
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: No
  • Gross Operating Income: 25800
  • Net Operating Income: 25800

Utilities

  • Hot Water: Natural Gas, Tank
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Prog. Thermostat
  • Utility Connections: for Electric Dryer, for Gas Range, Varies per Unit, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Other Rooms: Dining Room, Kitchen, Laundry, Living Room
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior Features: Bathroom With Tub & Shower, Ceiling Fans, High Speed Internet Hookup, Internet Available - Unknown, Pantry, Philadelphia, Upgraded Countertops
  • Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Cooling: None
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Other Rooms: Dining Room, Kitchen, Laundry, Living Room, Office/Den
  • Interior Features: Balcony/Deck, Ceiling Fans, Hardwood Floors, Pantry, Philadelphia, Wood Flooring
  • Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Cooling: None
  • Levels: 2

Construction

  • Year Built: 1910
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Other (See Remarks), Pine, Varies Per Unit, Vinyl, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73024385
  • Last Updated: 09/29/22
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Ronald Trapasso, Keller Williams Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2022-09-29 15:49:00

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