CCertihomes
84-86-86R Cross St, Somerville, MA 02145

$2,779,900

8 beds 0 baths 4,660 sqft Built 190022 days on marketActive

About this home

SIX TOTAL UNITS...EXTENSIVELY RENOVATED FOUR FAMILY AND TWO FAMILY PACKAGE IN PRISTINE CONDITION... UNDER HALF MILE TO NEW GREEN LINE AND JUST OVER HALF MILE TO ORANGE LINE. This Two Property Package INCLUDES SIX TOTAL UNITS IN A FOUR FAMILY AND TWO FAMILY ON SAME LOT. Four out of 6 units have been gut renovated to the studs with granite counter kitchens and new appliances. Updated roof, electric, hot water tanks and roof. Gross Monthly Rent is $13, 300/ Gross Annual $159, 600 (does not include 4 coin op washer & dryers). All unit utilities are separate. RENTS ARE SUBSTANTIALLY UNDER MARKET and rent roll can be increased significantly. Off street parking with TWO DRIVEWAYS. Perfect candidate for future condo conversion given extensive recent renovation to the property or a great 1031 Tax Deferred Exchange candidate. FANTASTIC LOCATION. Rated a Walker's Paradise Walk Score of 90. Rated a Rider's Paradise Transportation Score of 90 and a Very Bikeable Bike Score of 85l

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$17,280/mo

Real estate (PITI + HOA + PMI)
$17,721
Principal + interest$12,608
Property tax + insurance$4,071
PMI / 2nd mortgage$1,042
Utilities
$739
Heating + cooling$208
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$128
Car insurance + maintenance$128
Other (entertainment)
$157
$17,280/mo TLC
Budget$17,780/mo
Remaining after TLC$500/mo
Purchase price
$2,779,900
Down payment
$138,995 (5%)
Loan amount
$2,640,905
APR
4%

Quick facts

Type
5-9 Family
Style
Year built
1900
Lot size
0.14 ac
Stories
8
Heating
Cooling
Water
Public
HOA
Annual tax
$16,818
MLS #
73218290
County
Middlesex

At a glance

Basement

Home features

Community
Public TransportationShopping
Parking
Paved DriveOff Street
Flooring
Wood
Sewer
Public Sewer

Neighborhood — 02145

MetricThis ZIPCountyUSA
Population22,2976,444,931299,088,112
Population Change Since19908.00%7.00%20.00%
Population Density16,148786
Male11,2663,127,134147,432,321
Female11,0313,317,797151,655,844
Never Married8,4441,612,88563,775,926
Married6,7492,586,314123,120,365
Separated1,042247,85712,639,686
Widowed1,046363,59415,467,586
Divorced1,218436,88823,075,029
Number Of House Hold8,2862,431,591111,826,380
Average House Hold Size2.682.562.60
Medial Age32.7237.2535.46
Median House Hold Income$48,707$57,698$48,276
Average House Hold Income$61,365$75,023$63,629
P C I$23,024$29,196$24,529
M D I$41,512$48,105$41,133
A T H E$50,173$57,083$50,898
S T R5.00%5.00%
W C J79.30%81.38%77.74%
(Zip) Code
2145

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 4/1/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.