5-7 Cottage Avenue Somerville MA 02144 MLS #73229155

5-7 Cottage Avenue
Somerville, MA, 02144
$1,795,000
3 Beds
3 Baths
3,007 SqFt
0.08 Acres
Lovely 3-family with 2-bay garage and double-wide driveway on a pretty residential street in prime Davis Sq. location. Excellent rental history. Notable features include updated kitchen in Unit 1; updated kitchen in Unit 2 w/gas cooktop, separate oven, vent hood, butcher block counters, ss appliances; w/d and wood burning fp in Unit 2; recently rebuilt front and rear porches; shared bsmt w/d for Units 1 and 3; large windows; hardwood floors; front and side garden/yard; rear patio. All 3 units are 1 bed/1 bath with leases thru 8/31/24; Unit 1 could be delivered vacant by July 1. Would also convert nicely to 2 units (see uploaded plans) or single family. Enjoy the many delights of Davis Sq. – shops, restaurants, nightlife, Red Line subway stop. Cottage Ave. is also walkable to the Porter Sq. Red Line and commuter rail stations, 2 new GLX stations, and to Ball, Magoun, and Teele Sqs. Easy commute by bike, foot, or public transit to Harvard, MIT, and Tufts; near major highways and airport.

Property Details

Price:
$1,795,000
MLS #:
73229155
Status:
Active
Beds:
3
Baths:
3
Address:
5-7 Cottage Avenue
Type:
Multi Family
Subtype:
3 Family
City:
Somerville
Listed Date:
Apr 25, 2024
State:
MA
Finished Sq Ft:
3,007
ZIP:
02144
Lot Size:
3,658 sqft / 0.08 acres (approx)
Year Built:
1920
Units:
3
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Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator, Oven, Washer, Dryer, Range Hood
Bathrooms
3 Full Bathrooms
Fireplaces Total
1
Flooring
Wood, Tile, Carpet
Heating
Forced Air, Oil, Electric

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Bike Path, Conservation Area, Highway Access, T- Station, University
Exterior Features
Garden
Parking Features
Off Street, Paved
Parking Spots
2
Roof
Shingle

Financial

Buyer Agent Compensation
2.5%
Net Operating Income
$83,400
Tax Year
2024
Taxes
$15,393

Map

Community

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5-7 Cottage Avenue
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