2 Park Place, Union SquareSomerville, MA 02143MLS Number 73023722

  • Sale Price: $1,056,000
  • 686 Days Since Sale
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Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
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  • 5Bedrooms
  • 0.06Acreage
  • 2Bathrooms
  • 1900Year Built

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Exceptional investment opportunity or owner occupant multi-family close to vibrant Union Square on a lovely side street, freshly painted, and delivered vacant. Building features 2 units; 1st floor unit includes: 2 bedrooms, updated kitchen, living/dining room & in-unit laundry. 2nd floor unit offers an eat-in-kitchen, living/dining room, large bedroom, office & two more bedrooms on the 3rd floor with vaulted ceilings, ceiling fans, and a bathroom. Laundry in basement for unit 2. Recent rents were $5,000 for both units. 2008 Letter of de-leading compliance for 1st floor unit, 2010 architectural shingle roof, 2021 rubber membrane roof over the kitchen, 2008 2 separate forced hot air heating systems, Rheem hot water tanks 12-year warranty, vinyl siding, many replacement windows, low maintenance, parking for two cars, and nicely landscaped yard. Street is plowed by the City of Somerville. Close to Union & Porter Squares, the MBTA, and bus lines.
Listed by Barrie Wheeler and Ava Amiri of Hammond Residential Real Estate

Listing Sold by Hammond Residential Real Estate

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More Info

Basic Information

  • Contingency Pending P&S
  • Gross Income $60,000
  • Lot Features Level
  • Mls StatusSold
  • Parcel Number M:52 B:G L:30,755565
  • Rent Includes Unit 1(None), Unit 2(None)

Location

  • Address2 Park Place
  • Building Number2
  • CountyMiddlesex
  • NeighborhoodUnion Square
  • StateMA
  • StreetPark Place
  • SubdivisionUnion Square
  • TownSomerville
  • Zip02143

Interior

  • Flooring Wood
  • Interior Features
    • Cathedral/Vaulted Ceilings)
    • Living RM/Dining RM Combo
    • Living RM/Dining RM Combo)
    • Office/Den)
    • Unit 1 Rooms(Kitchen
    • Unit 1(Ceiling Fans)
    • Unit 2 Rooms(Kitchen
    • Unit 2(Ceiling Fans

Property Information

  • Building Area Source Public Records
  • Living Area 2,272
  • Lot Size Square Feet 2,630
  • Lot Size Units Acres
  • Square Feet2,272

Tax Information

  • Tax Assessed Value $900,300
  • Tax Year 2022
  • Taxes$9,165

Parking

  • Parking Features Off Street
  • Parking Spaces2

Basic Information

  • List Price$1,000,000
  • MLS Number73023722
  • Modification Date09/30/2022
  • Property SubType2 Family - 2 Units Up/Down
  • Purchase Contract Date08/23/2022
  • Sale Date09/05/2022
  • Sale Price$1,056,000

Property

  • Acreage0.06

Exterior

  • RoofShingle

Utilities

  • Cooling Unit 2(Window AC)
  • Cooling YN Yes
  • Heat SystemYes
  • Heating Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas)
  • Sewer Public Sewer
  • Water Source Public

Other

  • Buyer Agency Compensation2.5
  • Date Listed08/10/2022
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation2.5
  • View Count191

School Information

  • Elementary SchoolSchool Choice
  • High SchoolSomerville
  • High School Somerville High
  • Junior HighSchool Choice

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms5
  • Full Bath2

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Rooms10
  • Stories3
  • Units2
  • Utilities For Gas Range
  • Window Features Insulated Windows
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
    • University
  • Appliances IncludedUnit 1(Range, Dishwasher, Refrigerator, Washer, Dryer), Unit 2(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Other AmenitiesBasement, Tennis

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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