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Off market
  • $2,042,400

    275 Summer St, Somerville, MA 02144

    12beds
    3,741sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $2,042,400 Zestimate®
    $546/sqft
    $4,896 Estimated rent

    Home value

    $2,042,400

    $1.86M - $2.27M

    $4,896/mo

    Zestimate® history
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    Owner options

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    $4,896/mo

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    $4,896/mo

    Rent Zestimate®

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    $12,775/mo

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    $12,775/mo

    Est. payment

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    What's special

    CASH COW $113600 GROSS INCOME WITH A VACANCY FOR LAST 4 MONTHS OF 2020. CLASSIC TRIPLE DECKER 1 BLOCK TO PORTER SQ, RED LINE, AND SHOPPING CENTER. ALL THE NICE FEATURES INCLUDING BAY WINDOWS, OAK FLOORS, BUILT IN DINING ROOM HUTCHES, EAT IN KITCHENS W/WALK IN PANTRIES, FRONT AND REAR PORCHES OVERLOOKING YARD, UPDATED SYSTEMS, RUBBER ROOF ABOUT 17 YEARS OLD, COMMON LAUNDRY IN BASEMENT, UNIT 1 LEASED TO 8/31/21 AND UNIT 3 LEASED TO 7/31/21. UNIT TWO WAS PAYING $3100 UNTIL 8/31/20 WHEN THEY VACATED . A CAP RATE OF 5% PUTS THIS PROPERTY AT 1.9M AND A CAP RATE OF 5.5% PUTS IT AT $1,733,345

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other, Gas
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 3,741 sqft

    Property

    Features
    • Exterior features: Shingle (Not Wood)
    Lot
    • Size: 3,484 sqft
    Details
    • Parcel number: SOMEM29BHL19

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Built-up
    Condition
    • Year built: 1910

    Community & neighborhood

    Location
    • Region: Somerville

    Other

    Other facts
    • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House Of Worship, Marina, Private School, Public School, T-Station, Walk/Jog Trails
    • App Dscrp 1: Range, Refrigerator
    • App Dscrp 2: Range, Refrigerator
    • Basement Feature: Full, Interior Access, Unfinished Basement
    • Construction: Frame
    • Electric Feature: Circuit Breakers, 100 Amps
    • Flooring: Wood
    • Hot Water: Natural Gas
    • Ife Dscrp 1: Cable Tv Available, Storage, Balcony/Deck, Hardwood Floors, Bathroom With Tub & Shower, Box/Bay/Bow Window(s), Internet Available - Unknown
    • Ife Dscrp 2: Cable Tv Available, Balcony/Deck, Hardwood Floors, Pantry, Box/Bay/Bow Window(s), Internet Available - Unknown
    • Rms Dscrp 1: Living Room, Kitchen
    • Rms Dscrp 2: Living Room, Kitchen
    • Road Type: Public, Paved, Publicly Maint., Sidewalk
    • App Dscrp 3: Range, Refrigerator
    • Exterior Features: Porch, Screens, Garden Area, City View(s), Fenced Yard
    • Rms Dscrp 3: Living Room, Kitchen
    • Rnt Dscrp 1: Water
    • Rnt Dscrp 2: Water
    • Rnt Dscrp 3: Water
    • Utility Connections: For Gas Range
    • Year Round: Yes
    • Hea Dscrp 1: Oil, Steam
    • Energy Features: Storm Windows
    • Hea Dscrp 2: Oil, Steam
    • Ife Dscrp 3: Hardwood Floors, Storage, Pantry, Internet Available - Unknown
    • Exterior: Shingles
    • Mf Type: 3 Family
    • Lot Description: City View(s)
    • Foundation: Brick
    • Ife Common: Balcony/Deck
    • Hea Dscrp 3: Oil, Steam

    Price history

    DateEventPrice
    12/18/2020Sold$1,735,000+5.2%$464/sqft
    Source: Public Record Report a problem
    11/12/2020Listed for sale$1,650,000+560.3%$441/sqft
    Source: Coldwell Banker Realty - Cambridge #72756793 Report a problem
    8/28/1995Sold$249,900$67/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,376 +6.6%$1,592,700 +2.8%
    2024$16,297 -0.6%$1,549,100 -2.3%
    2023$16,397 +4.7%$1,585,800 +3.1%
    2022$15,660 +19.2%$1,538,300 +19.3%
    2021$13,141 +2.6%$1,289,600 +1.6%
    2020$12,802 +7.3%$1,268,800 +14.4%
    2019$11,935 +18%$1,109,200 +24%
    2018$10,115 +2.4%$894,300 +5.6%
    2017$9,879 +4.8%$846,500 +12.5%
    2016$9,425 $752,200

    Find assessor info on the county website

    Neighborhood: Spring Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,042,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,042,400