Sold for $1,620,000

$1,620,000

25 Temple St, Somerville, MA 02145

7beds

3,469sqft

5+ Family - 5+ Units Up/Down

Built in 1900

-- sqft lot

$-- Zestimate^®

$467/sqft

$2,564 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,564/mo

Zestimate^® history

Owner options

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$2,564/mo

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$2,564/mo

Rent Zestimate^®

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$8,212/mo

Est. payment

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$8,212/mo

Est. payment

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What's special

5-family investment opportunity in the heart of Winter Hill! 25-27 Temple St. is positioned in a transit-oriented pocket of Somerville, directly adjacent to the impending infill development on 299 Broadway (featuring 288 residential units, a pedestrian path and new public park). Just south of I-93 and 0.5 miles north of the Gilman Sq. T Stop (Green Line), the building offers five (5) residential units with very flexible floorplans, as well as an in-law suite and additional square footage on the ground level. Gas and electricity are separately metered for each unit, common laundry is located in the basement, and three (3) parking spaces are apportioned in the driveway along the right-hand-side of the property. Listed at a cumulative sum of just $350,000 per unit, end-users can harness an existing rent roll in an appreciating sector of the city, with the ability to augment unit configurations and heighten return over time.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 6
Full bathrooms: 6

Features

Flooring: Hardwood
Basement: Full,Partially Finished,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 3,469
Total interior livable area: 3,469 sqft

Property

Parking

Total spaces: 3
Parking features: Off Street, Assigned, Paved
Uncovered spaces: 3

Features

Patio & porch: Patio - Enclosed

Lot

Size: 3,670 sqft
Features: Level

Details

Parcel number: 757656
Zoning: RB

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Up/Down

Materials

Frame
Foundation: Concrete Perimeter, Brick/Mortar
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: 200+ Amp Service, Individually Metered
Sewer: Public Sewer
Water: Public

Community & neighborhood

Community

Community features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks

Location

Region: Somerville

HOA & financial

Other financial information

Total actual rent: 8550

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
10/11/2024	Sold	$1,620,000-7.4%$467/sqft
Source: MLS PIN #73242793 Report a problem
7/12/2024	Contingent	$1,750,000$504/sqft
Source: MLS PIN #73242793 Report a problem
5/28/2024	Listing removed	--
Source: Zillow Rentals Report a problem
5/28/2024	Listed for sale	$1,750,000$504/sqft
Source: MLS PIN #73242793 Report a problem
5/24/2024	Listed for rent	$1,850+12.1%$1/sqft
Source: Zillow Rentals Report a problem
3/8/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
2/8/2021	Listed for rent	$1,650
Source: Zillow Rental Manager Report a problem