Pending

Under Agreement

34 & 40 Crescent St

Somerville MA, 02145

$3,350,000


$485.37 per sqft

Pending

Under Agreement

19 Beds

6 Baths

6,902 sqft

Multi-family

Built in 1900

34 & 40 Crescent consists of two adjacent buildings (each on its own tax parcel) with five residential units consisting of two 3-Bedroom/1-Bathroom units, two 4 Bedroom/1-Bathroom units, and one 5-bedroom/2-bathroom unit. The Properties are turn-key with condo quality finishes including new luxury vinyl plank flooring throughout, new kitchens with new cabinetry with granite countertops, stainless steel appliances and new bathrooms with modern amenities. Additionally, all units have laundry inside their respective apartments. Each unit features new, forced hot air heating and central air conditioning systems as well as tankless, on demand Navien hot water systems. The buildings are separately metered for heat, hot water and electricity in which the tenants pay directly. The Properties also feature a shared parking lot with capacity for four cars. 34 & 40 Crescent Street offers the opportunity to acquire a fully leased, turnkey investment in an exceptional, urban-infill location.

73258250

MLS ID

June 27, 2024

Listed

August 26, 2024

Updated

Map

34 & 40 Crescent St
Somerville MA, 02145

Interior Features

Total Stories

9


Bedrooms

19


Total Bathrooms

6


Full Bathrooms

6


Appliances

Washer, Dryer


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Other


Roof

Shingle, Rubber


Sewer

Public Sewer

Other Property Details

Taxes

$27,961


Tax Frequency

Annually


Days on Market

54


Garage

No


Parking

Off Street


Parking Total

4


View

No


County

Middlesex


Water Source

Public


Pool

No


Zoning

NR

Listing History

Date

Event

Price

8/26/2024

Pending

8/21/2024

Price change

$3,350,000

-3%

 

Courtesy of John Pentore, Horvath & Tremblay

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Data last updated 2:18 PM UTC, 8/26/2024

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