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

75-77 Bailey Road Somerville, MA 02145

Contingent
Price Reduced $80,000
37 Photos
$1,189,900
2 Unit
6 Beds
4 Baths
2844 SQFT
0.09 Acre
75-77 Bailey Road
Somerville, MA 02145

Property Description

***HUGE PRICE REDUCTION***BRIGHT and SUNNY Ten Hills area two - family, will be on the market for the first time in 82 years! This very spacious and updated property offers tremendous Living/Owner Occupied, Investment and Additional unit(s) Development Potential. Somerville zoning allows a third unit which could be quite feasible based upon the 3rd floor/attic's spacious area. Both units include 7 rooms, 3 bedrooms, 1.5 baths, Hardwood flooring, newer appliances, newer gas burners, 4 year new roof, newer vinyl windows, recently painted interiors, 2 car garage. Did we mention easy access to Assembly Row, 100 yards to the Orange Bus Line, 3.4 Miles to Boston, 1 mile to Rt 93? So, if you're in this real estate market for opportunity, look no further. You absolutely need to take a peek!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Total Half Baths: 2
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station, University, Walk/Jog Trails
  • Basement Features: Full
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den, Sunroom
  • Common Interior Features: Bathroom With Tub & Shower, Floored Attic, Pantry, Stone/Granite/Solid Counters, Storage, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Common Heating: Central Heat, Central Heat, Electric, Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Hot Water Radiators, Steam
  • Common Cooling: None

Financial

  • APOD Available: No
  • Expenses Source: Accountant Provided
  • Gross Operating Income: 36000
  • Net Operating Income: 36000

Utilities

  • Heat Zones: 2
  • Electric Info: 100 Amps, Circuit Breakers, Individually Metered, Other (See Remarks), Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1931
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Vinyl, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73290908
  • 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
11/18/2024Contingent$1,189,900$418MLSPIN
10/19/2024Active$1,189,900$418MLSPIN
10/15/2024Price Change$1,189,900$418MLSPIN
10/05/2024Active$1,269,900$447MLSPIN
10/01/2024New$1,269,900$447MLSPIN

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View Breakdown

Map & Resources

Mystic Learning Center

School

0.16mi

Arthur D Healey School

Public Elementary School, Grades: PK-8

0.34mi

Starbucks

Coffee Shop

0.34mi

Romanza Pizzaria

Pizzeria

0.2mi

Dragon Star Restaurant

Chinese Restaurant

0.36mi

Mama Lisa's Pizzeria

Pizzeria

0.37mi

Alfredo's Italian Kitchen

Pizza & Italian Restaurant

0.38mi

Legal Sea Foods

Seafood Restaurant

0.4mi

Outback Steakhouse

American & Steak Restaurant

0.41mi

Papagayo

Mexican Restaurant

0.41mi

Zen Dog Training

Pet Grooming

0.39mi

Reilly-Brickley Central Fire Station

Fire Station

0.4mi

State Police Medford

State Police

0.58mi

Assembly Row Police Substation

Police

0.58mi

Mystic River Reservation

State Park

0.28mi

Grimmons Park

Municipal Park

0.04mi

Foss Park

State Park

0.25mi

Sylvester Baxter Riverfront Park

State Park

0.26mi

Torbert McDonald Park

Park

0.31mi

Mystic River Reservation

State Park

0.31mi

Mystic River Reservation

State Park

0.4mi

Paul Revere Park

Park

0.47mi

Healy Community Tot Lot

Playground

0.36mi

Chase

Bank

0.33mi

Mabel's

Hairdresser

0.37mi

Biosol Beauty Salon

Hairdresser

0.37mi

Curlz & Cutz

Hairdresser

0.38mi

Speedway

Gas Station

0.42mi

Sunoco

Gas Station

0.42mi

Elizabeth Peabody House

Childcare

0.34mi

The Lost Sock

Laundry

0.36mi

Assembly Square Marketplace

Mall

0.26mi

Walgreens

Pharmacy

0.3mi

TJ Maxx

Department Store

0.36mi

Saks Off 5th

Department Store

0.46mi

Winter Hill Market

Convenience

0.37mi

Shivalic Food & Spices

Convenience

0.37mi

Speedway

Convenience

0.43mi

Trader Joe's

Supermarket

0.31mi

Mystic Ave @ Temple Rd

95

0.07mi

Mystic Ave @ Temple Rd

95

0.08mi

Mystic Ave @ Shore Dr

95

0.12mi

Mystic Ave opp Shore Dr

95

0.12mi

Mystic Ave @ Wheatland St

95

0.19mi

Mystic Ave @ Mystic Apartments

95

0.3mi

Broadway @ Temple St

101
89
8993

0.35mi

Broadway @ Winter Hill Plaza

101
89
8993

0.37mi

Seller's Representative: Anthony Salerno, Berkshire Hathaway HomeServices Verani Realty
MLS ID#: 73290908

© 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 14:22:00