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

15-17 Oak St Somerville, MA 02143

27 Days on Boston Pads
33 Photos
$2,488,000
4 Unit
7 Beds
5 Baths
3845 SQFT
0.20 Acre
15-17 Oak St
Somerville, MA 02143

Property Description

EXCEPTIONAL MULTI-FAMILY opportunity near vibrant Inman Square! TWO ATTACHED TWO-FAMILY HOMES-with separate entrances- are being offered for sale as a package. Property owned and maintained by the same family for over 50 years. Lots of possibilities for investors seeking upside potential or home buyers looking to live in one and lease out the other or at multi-generational living possibilities. Paved driveway on #15 is shared by all tenants. All 4 rental units are currently tenant-occupied. The green yard space on #15 and #17 invites different possibilities. Common laundry in shared basement. #15 and #17 Oak St. are separately assessed for taxes by Somerville and are shown as combined. Visit attached interactive interior floorplans. Group showings to be scheduled.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 7
  • Total Full Baths: 5
  • Amenities: Highway Access, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Concrete Floor, Full, Unfinished Basement
  • Common Interior Features: Storage, Tile Floor
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: No
  • Gross Operating Income: 116400
  • Net Operating Income: 116400

Utilities

  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

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

Unit 3 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 4 Description

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

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Construction Type: Aluminum, Frame, Post & Beam, Stone/Concrete, Stucco
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73250549
  • Last Updated: 06/15/24
  • Terms: Other (See Remarks), Special

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
06/15/2024Active$2,488,000$647MLSPIN
06/11/2024New$2,488,000$647MLSPIN

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View Breakdown

Seller's Representative: Nathan Long, Coldwell Banker Realty - Cambridge
Sub Agent Compensation: n/a
Buyer Agent Compensation: 1
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 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 2024-06-15 03:05:00

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