See all 37 photos
Overview
- Updated On:
- April 20, 2023
- 11 Bedrooms
- 4 Bathrooms
- 4,586 ft2
Description
Attention INVESTORS – extremely rare opportunity to purchase a three-family home located ON Tufts Campus. This expansive Multi-family in great condition offers over 4,500 sqft. of living space, two driveways around the whole perimeter of the property, and A+ location only minutes from the new Medford/Tufts T-stop, Teele Square, Davis Square and I-93. Unit 1 is being used as a 6 bedroom duplex, Unit 2 is being used as a 3 bedroom, and Unit 3 is being used as a 3 bedroom split. All units have in-unit laundry, and a total of 4 decks. The current rent roll of $11,500 is below market value. All units are currently occupied, leases expire 08/31/2023.
Address: 28 Dearborn Rd., Somerville MA 02114
City: Somerville
State/County: Middlesex
Zip: 02114
Country: US
Open In Google Maps Property Id : 228864
Price: $ 2,800,000
Property Size: 4,586 ft2
Property Lot Size: 0 ft2
Rooms: 18
Bedrooms: 11
Bathrooms: 4
IDXParticipationYN: yes
PRICE PER SQ. FT.: 610.55
Disclosures: Buyers and Buyers Agents to do their own due diligence. Rent has not been raised since 2021 after Covid. Building is rented to all tenants under 1 lease for $11, 500. Pipe burst in 2021, owner installed sump pump.
OriginatingSystemID: mlspin
OriginatingSystemKey: mlspin
ListAgentMlsId: TM319945
ListOfficeMlsId: BB3197
OriginatingSystemName: MLS Property Information Network
ListingAgreement: Exclusive Right To Sell
Basement: Full, Finished, Concrete
Bathrooms: 4
Listing ID: 73097786
MLSPIN_OH_FLAG: 1
PRICE PER SQ.FT.: 610.55
MLS Status: Active
Last Modified: 2023-04-16T07:05:00.000Z
Original List Price: 2800000
Total Parking Spaces: 8
Stories Total: 4
Street Name: Dearborn Rd.
Street Number: 28
Other Features
Open Parking
