Skip to content

Location filter
  • Any
  • Boston
  • Boston - Allston
  • Boston - Back Bay
  • Boston - Bay Village
  • Boston - Beacon Hill
  • Boston - Brighton
  • Boston - Charlestown
  • Boston - Chinatown
  • Boston - Dorchester
  • Boston - Downtown
  • Boston - East Boston
  • Boston - Fenway/Kenmore
  • Boston - Fort Hill
  • Boston - Fort Point
  • Boston - Hyde Park
  • Boston - Jamaica Plain
  • Boston - Longwood Medical Area
  • Boston - Mattapan
  • Boston - Mission Hill
  • Boston - North End
  • Boston - Northeastern/Symphony
  • Boston - Roslindale
  • Boston - Roxbury
  • Boston - Seaport/Waterfront
  • Boston - South Boston
  • Boston - South End
  • Boston - Theater District
  • Boston - West End
  • Boston - West Roxbury
  • Abington
  • Andover
  • Arlington
  • Belmont
  • Beverly
  • Billerica
  • Braintree
  • Bridgewater
  • Brookline
  • Burlington
  • Cambridge
  • Canton
  • Chelsea
  • Chestnut Hill
  • Cohasset
  • Danvers
  • Dedham
  • Everett
  • Framingham
  • Gloucester
  • Hingham
  • Lawrence
  • Lexington
  • Lowell
  • Lynn
  • Lynnfield
  • Malden
  • Marlborough
  • Medford
  • Melrose
  • Methuen
  • Milton
  • Natick
  • Needham
  • Newton
  • North Reading
  • Norwood
  • Peabody
  • Pembroke
  • Plymouth
  • Quincy
  • Randolph
  • Reading
  • Revere
  • Salem
  • Saugus
  • Sharon
  • Somerville
  • Stoneham
  • Stoughton
  • Sudbury
  • Swampscott
  • Taunton
  • Wakefield
  • Waltham
  • Watertown
  • Wayland
  • Wellesley
  • Westwood
  • Weymouth
  • Wilmington
  • Winthrop
  • Woburn
  • Babson College
  • Berklee College of Music
  • Bentley University
  • Boston College
  • Boston University
  • Brandeis University
  • Emerson College
  • Emmanuel College
  • Harvard University
  • Hult International Business School
  • MassArt
  • MCPHS University
  • MIT
  • Northeastern University
  • Simmons University
  • Suffolk University
  • Tufts University
  • UMASS Boston
  • Wentworth Institute of Technology
$1,675,000
Total Beds: 9 Total Baths: 6
Total Units: 3 SQFT: 3144
LOT size: 0.11 Acres
82 Conwell Avenue
Somerville, MA 02144
View Map
This Property is No Longer Available

Property Description

82 Conwell Ave is a great opportunity to acquire a classic triple decker in West Somerville walking distance to the prestigious Tufts University and minutes from Teele Square and Davis Square. The property is comprised entirely of 3-Bed/1.5 Bath apartments and features a large parking lot that accommodates 6 vehicles and coin-operated laundry in the basement. The asset generates $9,200 per month and is there is significant upside in the rent roll as comparable units in the neighborhood rent for $3,300-$3,400 per month ($1,100+ per bedroom). The apartments are separately metered and tenants are responsible for paying heat, hot water, and electricity costs. The units feature hardwood floors throughout, granite countertops, and large front and rear porches.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Total Half Baths: 3
  • Amenities: Bike Path, Highway Access, Laundromat, Public Transportation, Shopping, Tennis Court, University, Walk/Jog Trails
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: Yes
  • Gross Operating Income: 110400
  • Gross Expenses: 25706
  • Net Operating Income: 84694

Utilities

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

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block
  • Roof Material: Rubber
  • Flooring Type: Wood
  • Lead Paint: Unknown

Other Information

  • MLS ID# 73024914
  • Last Updated: 08/21/22

Mortgage Calculator

Click to see breakdown

Map

Seller's Representative: Tony Pepdjonovic, Marcus & Millichap Real Estate Investment Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2022 MLS Property Information Network, Inc.. All rights reserved.

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 2022-08-21 17:14:00

Related Properties

Multi-Family Homes for Sale in Nearby Areas