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    67 Bonair St

    Somerville, MA 02145
    • $1,814,999
    • STATUS: Contingent
    • MLS #: 72780846
    Under Contract
    UPDATED: 82 min ago
    $1,814,999
    • 7
      BEDS
    • 0.11
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,072
      SQFT
    • $591
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Evelyn Ullman of Coldwell Banker Realty - Winchester.

    Description

    Price reduction! Are you looking for cash flow? Do you need to do a 1031 Exchange? Look no further. Turnkey 5 unit multifamily in Somerville with all 5 units leased, currently grossing $10,100 per month in rent. *Will gross $10,285 per month in 2021-2022. This well-cared for property in Winter Hill near the future Green Line extension is a great one to add to your portfolio. Many updates, including newer heat & A/C systems, renovated kitchens and baths, fenced yard, income-generating coin-op laundry, and paved parking area with 3 side-by-side spaces. Units 3 & 4 underwent significant renovations within the last 4 years. Units 1,2,4 and 5 are leased through August 2021, and Unit 3 is leased through May 2021. Excellent tenants with perfect rent payment history. Unit floor plans and 2020 P&L statement available as attachments in MLS.

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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. Data last updated 2021-04-11T07:10:33.367.
    www.livecharlesgate.com/homes/113803251
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    67 Bonair St Somerville, MA 02145

    • Price: $1,814,999
    • Status: Contingent
    • Updated: 82 min ago
    • MLS #: 72780846
    7
    Beds
    5
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,072
    SQFT
    $591
    $/SQFT
    1920
    Built
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    Property Description
    Price reduction! Are you looking for cash flow? Do you need to do a 1031 Exchange? Look no further. Turnkey 5 unit multifamily in Somerville with all 5 units leased, currently grossing $10,100 per month in rent. *Will gross $10,285 per month in 2021-2022. This well-cared for property in Winter Hill near the future Green Line extension is a great one to add to your portfolio. Many updates, including newer heat & A/C systems, renovated kitchens and baths, fenced yard, income-generating coin-op laundry, and paved parking area with 3 side-by-side spaces. Units 3 & 4 underwent significant renovations within the last 4 years. Units 1,2,4 and 5 are leased through August 2021, and Unit 3 is leased through May 2021. Excellent tenants with perfect rent payment history. Unit floor plans and 2020 P&L statement available as attachments in MLS.
    Exterior Features

    Beachfront No Color White Construction Frame Exterior Vinyl Exterior Features PorchDeck - WoodFenced Yard Foundation Fieldstone Lot Description Paved DriveFenced/EnclosedLevel Parking Features Off-StreetImproved DrivewayPaved Driveway Parking Spaces 3 Road Type Public Roof Material Asphalt/Fiberglass ShinglesRubber Waterfront Flag No

    Interior Features

    Basement Yes Basement Features Full Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 1 Bedrooms Unit4 1 Cooling Units 3 Cooling Zones 3 Energy Features Insulated WindowsVaries Per Unit Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring Wood Floors Unit1 1 Floors Unit2 2 Floors Unit3 2 Floors Unit4 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Units 4 Heat Zones 4 Hot Water Natural Gas Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 18 Rooms Common Laundry Rooms Unit1 5 Rooms Unit2 4 Rooms Unit3 3 Rooms Unit4 3

    Property Features

    Amenities Public TransportationParkHighway AccessT-StationUniversity Apod Available Yes Assessments 1203200.00 Contingency Type Pending P&S Disclosure Yes Disclosures Units 2 & 5 On Same Elec Meter And Same Heat Sys. Seller Pays Those Utils. All 5 Units Are On Same Hw (Public Gas Meter)Seller Pays. All 5 Units Have Own Separate Gas Meters. Rent includes Parking Units 234. New Elec Meter Sockets Avail For Unit 2&5. Renovations On Permits. Electric Features Circuit Breakers200 AmpsIndividually Metered Expenses Source Owner Provided Expenses Year End 12/20 Gross Operating Income 121653 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lease Unit4 Y Lender Owned No Multifamily Type 5+ Family - 5+ Units Up/Down Net Operating Income 99228 Rent Description Unit1 WaterHot Water Rent Description Unit2 HeatElectricWaterHot WaterOther (See Remarks) Rent Description Unit3 WaterHot WaterOther (See Remarks) Rent Description Unit4 WaterHot WaterOther (See Remarks) Rent Unit1 2710 Rent Unit2 2270 Rent Unit3 1790 Rent Unit4 1720 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2020 Taxes 11632.00 Terms Contract For Deed Utility Connections For Gas Range Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning Rb

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Evelyn Ullman of Coldwell Banker Realty - Winchester.


    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. Data last updated 2021-04-11T07:10:33.367.
     
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    Charlesgate Realty Group
    867 Boylston Street, Fl 3
    Boston MA, 02116
    Listing courtesy of Evelyn Ullman of Coldwell Banker Realty - Winchester.