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You are here:
Home Massachusetts Somerville Multi-Family Homes for Sale

152 Cross Street Somerville, MA 02145

226 Days on Boston Pads
Price Reduced $300,000
30 Photos
$1,900,000
6 Unit
9 Beds
6 Baths
5467 SQFT
0.05 Acre
152 Cross Street
Somerville, MA 02145

Property Description

Attention Investors and Developers. Welcome to 152 Cross St, Somerville - a meticulously maintained 6-unit building nestled in the heart of one of Somerville's most desirable neighborhoods. Conveniently located just steps away from shops, restaurants, parks, and public transportation, 152 Cross St offers the perfect blend of suburban tranquility and urban convenience. Don't miss your chance to purchase this property which offers great CASH FLOW! The property has many updates including all newer water heaters, 4 newer heating systems, and a BRAND NEW ROOF. All units are tenants at will.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 10
  • Total Bedrooms: 9
  • Total Full Baths: 6
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full
  • Common Rooms: Kitchen, Living Room
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 126000
  • Gross Expenses: 33628
  • Electric Expenses: 997
  • Water/Sewer: 13510
  • INSC: 5938
  • Net Operating Income: 92372

Utilities

  • Heat Zones: 6
  • Electric Info: 200 Amps
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73223072
  • Last Updated: 11/18/24
  • Terms: Contract for Deed, Rent w/Option

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
09/08/2024Active$1,900,000$348MLSPIN
09/08/2024Active$1,900,000$348MLSPIN
09/04/2024Price Change$1,900,000$348MLSPIN
09/04/2024Price Change$1,900,000$348MLSPIN
06/29/2024Active$2,050,000$375MLSPIN
06/29/2024Active$2,050,000$375MLSPIN
06/25/2024Price Change$2,050,000$375MLSPIN
06/25/2024Price Change$2,050,000$375MLSPIN
05/19/2024Active$2,100,000$384MLSPIN
05/19/2024Active$2,100,000$384MLSPIN
05/15/2024Price Change$2,100,000$384MLSPIN
05/15/2024Price Change$2,100,000$384MLSPIN
04/16/2024Active$2,200,000$402MLSPIN
04/15/2024Active$2,200,000$402MLSPIN
04/12/2024New$2,200,000$402MLSPIN
04/11/2024New$2,200,000$402MLSPIN

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Map & Resources

Capuano Early Childhood Center

Public Elementary School, Grades: PK-1

0.19mi

East Somerville Community School

Public Elementary School, Grades: PK-8

0.31mi

Full Circle High School

Public School, Grades: 9-12

0.37mi

Jack Hamilton Center

Grades: PK-K

0.37mi

Next Wave Junior High School

Grades: 7-9

0.37mi

Winter Hill Community School

Public Elementary School, Grades: PK-8

0.38mi

Prospect Hill Academy Charter School

Charter School

0.39mi

Full Circle High School

Public Secondary School, Grades: 9-12

0.4mi

Backbar

Bar

0.28mi

Vera's

Bar

0.31mi

Rebel Rebel

Bar

0.41mi

Bloc

Cafe

0.35mi

Union Square Donuts

Donut (Cafe)

0.37mi

Starbucks

Coffee Shop

0.4mi

Taqueria Picante

Mexican (Fast Food)

0.28mi

Union Square Pizzeria

Pizzeria

0.32mi

Somerville Fire Department

Fire Station

0.28mi

Reilly-Brickley Central Fire Station

Fire Station

0.56mi

Somerville Police Department

Police

0.25mi

East Somerville Police Substation

Police

0.54mi

CrossFit Somerville

Sports Centre

0.34mi

Zero New Washington St Dog Park

Dog Park

0.41mi

Nunziato Field Dog Park

Dog Park

0.42mi

Prospect Hill Park

Municipal Park

0.16mi

Corbett-McKenna Park

Municipal Park

0.16mi

Glen Street Park

Municipal Park

0.16mi

Stone Place Park

Municipal Park

0.26mi

Walnut Street Park

Municipal Park

0.32mi

Edward L. Leathers Dog Park

Park

0.35mi

Glen Street Playground

Playground

0.17mi

Central Hill Playground

Playground

0.29mi

Deanna Cremin Playground

Playground

0.39mi

Citizens Bank

Bank

0.34mi

Rockland Trust

Bank

0.37mi

Empire Tattoo

Tattoo

0.14mi

DiAdara Salon & Spa

Hairdresser

0.17mi

Barber's Den

Hairdresser

0.2mi

Salon Villa Francesca

Hairdresser

0.2mi

Recinos Barber Shop

Hairdresser

0.23mi

Straight Edge Barbershop

Hairdresser

0.32mi

CVS Pharmacy

Pharmacy

0.41mi

City Schemes

Furniture

0.31mi

Target

Department Store

0.41mi

Lucky Corner

Convenience

0.23mi

Mid-Nite Convenience

Convenience

0.35mi

Khoury's State Spa

Convenience

0.46mi

getir: groceries in minutes

Supermarket

0.33mi

Mineirão One Stop Mart Mercado Brasileiro

Supermarket

0.33mi

Cross St @ Alston St

80
90

0.02mi

422 McGrath Hwy

80
88
90

0.04mi

Cross St @ Auburn Ave

90

0.09mi

Cross St @ Fountain Ave

80
90

0.1mi

McGrath Hwy @ Alston St

80
88
90

0.11mi

Medford St @ Highland Ave

88
90

0.13mi

Medford St @ Washington St

80
88

0.15mi

Washington St @ McGrath Hwy

747
86
91

0.16mi

Seller's Representative: DNA Realty Group, Keller Williams Realty
MLS ID#: 73223072

© 2024 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 2024-11-18 17:17:00