640 Mystic Avenue

Somerville, MA 02145

$2,750,900
Price
9
Beds
6
Baths
3
1/2 Baths
5,096 Sq. Ft.
$540 / Sq. Ft.
5,096
Sq. Ft.
$540
per Sq. Ft.

Description

SAVVY INVESTORS ($539sf in Somerville with Garage Pkg!) and 1031 Exchange Opportunity! 3 CUSTOM SIDE BY SIDE TOWNHOUSES with 6 GARAGE SPACES. Each residence was tastefully designed and built to the highest levels by an AWARD-WINNING DEVELOPER, with CHEFS EIK KITCHENS, Bertazzoni Ranges, SS appliances, GLEAMING HARDWOOD FLOORS, OPEN CONCEPT LVRM/DNRM/KITCHEN with a DIRECT WALK OUT PATIO. The 2nd level has 2 bedrooms, W&D, a full bath & an office nook. The top floor has a GRACIOUS PRIMARY BEDROOM SUITE...SAVVY INVESTORS ($539sf in Somerville with Garage Pkg!) and 1031 Exchange Opportunity! 3 CUSTOM SIDE BY SIDE TOWNHOUSES with 6 GARAGE SPACES. Each residence was tastefully designed and built to the highest levels by an AWARD-WINNING DEVELOPER, with CHEFS EIK KITCHENS, Bertazzoni Ranges, SS appliances, GLEAMING HARDWOOD FLOORS, OPEN CONCEPT LVRM/DNRM/KITCHEN with a DIRECT WALK OUT PATIO. The 2nd level has 2 bedrooms, W&D, a full bath & an office nook. The top floor has a GRACIOUS PRIMARY BEDROOM SUITE with TWO WICs, a DOUBLE VANITY, extra cabinet storage & a SPA LIKE WALK IN SHOWER. Each unit has an EXCLUSIVE BALCONY AREA accessed from the Primary Bedroom, with UNOBSTRUCTED VIEWS of the MYSTIC RIVER AND ENCORE CASINO. Built in 2018, soundproofing was included as well as a fire sprinklers/alarm system. The building is 100% occupied.
  1. Listed by Boston RE Group • Coldwell Banker Realty - Boston
  2. Listed by Heather Olin • Coldwell Banker Realty - Boston

Property Details for 640 Mystic Avenue

Town
Somerville
Area
MA-Somerville
Garage Spaces
1
Parking Spaces
6.00
Parking Spaces Total
7

Location

Listing Courtesy of Coldwell Banker Realty - Boston, Boston RE Group; Coldwell Banker Realty - Boston, Heather Olin
Add your commute
LISTING UPDATED: 05/15/2024 11:06 AM

Property Details for 640 Mystic Avenue

StatusActive
MLS #73235507
Days on Market11
Taxes$26,477 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Side by Side
Year Built2017
CountyMiddlesex County

Location

Listing Courtesy of Coldwell Banker Realty - Boston, Boston RE Group; Coldwell Banker Realty - Boston, Heather Olin
Add your commute

Building Information for 640 Mystic Avenue

Stories9Residences3Year Built2017Building Size-Lot Size0.09 AC / 4,100 SF

Payment Calculator

$17,219 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,013

Property Taxes

$2,206

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 640 Mystic Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School, University
  • Living Area: 5096.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Oven, Trash Compactor
  • Num of Baths: 9.0
  • Num of Full Baths: 6
  • Num of Half Baths: 3
  • Bathrooms Total Decimal: 7.50
  • Bathrooms Total Integer: 9
  • FireplaceFeatures: Gas
  • FireplaceYN: Yes
  • Fireplaces: 3
  • Flooring: Carpet, Hardwood
  • Interior Features: Storage, Walk-In Closet(s), Stone/Granite/Solid Counters, Living Room, Dining Room, Kitchen, Laundry Room, Living RM/Dining RM Combo
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Lot Description: Level
  • View: City View(s), Scenic View(s)
  • View: Yes
  • Waterview Features: River
Parking Features
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Assigned
  • Parking Features: Assigned
  • Parking Features: Assigned
Utilities
  • Cooling: Central Air, Individual
  • Cooling: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating: Central, Forced Air, Natural Gas, Individual
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Oven
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Seller and Buyer Agent make no representations. Buyers and Buyers Agents should conduct their own due diligence and verify all information.
Tax Information
  • Tax ID: M:46 B:C L:2,754287
  • Assessments: $2,560,600
  • Book: 0
  • Tax Year: 2023
  • Zoning: HO
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Other
Income / Expenses
  • Electricity: $254.00
  • Annual Expenses Source: Owner
  • GOI: $153,000.00
  • Gross Scheduled Income: $154.00
  • Insurance: $4,998.00
  • GRE: $33,376
  • NOI: $153,000.00
  • Operating Expense: $33,376.00
  • WSE: $2,159.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 3
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 3
Unit 3 Description
  • Floor U3: 1
  • Lease U3: Y
  • Levels U3: 3
Rental Info
Rental Info
  • Total Actual Rent: $12,750.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 1.0

Property History for 640 Mystic Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 640 Mystic Avenue

Taxable ValueLand$322,100Additions$2,437,100Total$2,759,200
Tax Record2024$29,027 ($2,419 / month)
Home Facts
Baths7.5Total Finished SqFt5,096 SqFtAbove Grade Finished SqFt5,096 SqFtStories3Lot Size4,100 SqFtStyleTriplexYear Built2017ZoningHOCountyMIDDLESEXAPNSOME M:46 B:C L:2Fireplace TypeHas Fireplace

Schools near 640 Mystic Avenue

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Arthur D. Healey School
PublicPK to 8

Somerville High School
Public9 to 12

Winter Hill Community School
PublicPK to 8

Full Circle High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

640 Mystic Avenue is a multi-family home for sale in Somerville, MA 02145. This property was listed for sale on May 9, 2024 by Coldwell Banker Realty - Boston, it's currently listed at $2,750,900. It has been on the market for a total of 11 days and was last sold on December 3, 2015. This listing's school district is Somerville School District. Nearby schools include Arthur D. Healey School, Somerville High School and Winter Hill Community School. 640 Mystic Avenue is a 9-bed, 7.5-bath, 5,096 sqft multi-family home built in 2017.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty - Boston, Boston RE Group; Coldwell Banker Realty - Boston, Heather Olin

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.