19 George Street

Somerville, MA 02145

$2,285,000
Price
12
Beds
6
Baths
3,540 Sq. Ft.
$645 / Sq. Ft.
3,540
Sq. Ft.
$645
per Sq. Ft.

Description

Brand New Generational Multi Family asset on beautiful tree lined street bursting with Somerville Charm. This large 3 family has been gut renovated and rebuilt with high end condo quality finishes. Step right in and Generate enormous cashflow. . Already Boasting 12 bedrooms and 6 full bathrooms, there still room for future expansion by way of unfinished 1200 sq ft basement. A painstaking 2023/2024 complete renovation allows the new owner to walk into an hands free Asset Ready for healthy cashflow....Brand New Generational Multi Family asset on beautiful tree lined street bursting with Somerville Charm. This large 3 family has been gut renovated and rebuilt with high end condo quality finishes. Step right in and Generate enormous cashflow. . Already Boasting 12 bedrooms and 6 full bathrooms, there still room for future expansion by way of unfinished 1200 sq ft basement. A painstaking 2023/2024 complete renovation allows the new owner to walk into an hands free Asset Ready for healthy cashflow. Rare opportunity in an incredible Market with amazing stability and growth. Walking distance to dozens of cafe's restaurants and shops, as well as both the Orange & Green Line. Tenant's will enjoy central air, laundry in unit, and condo quality finishes allowing the homes to fetch top dollar rent. With apartments in the area renting at record prices, this presents the perfect opportunity to step right into positive cashflow in a premier investment market poised for appreciation

Property Details for 19 George Street

Town
Somerville
Area
MA-Somerville
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of Riverfront REALTORS®, Gregory McCarthy; Riverfront REALTORS®, Lucas Santos
Add your commute
LISTING UPDATED: 05/11/2024 03:06 AM

Property Details for 19 George Street

StatusActive
MLS #73234182
Days on Market12
Taxes$10,710 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built2023
CountyMiddlesex County

Location

Listing Courtesy of Riverfront REALTORS®, Gregory McCarthy; Riverfront REALTORS®, Lucas Santos
Add your commute

Building Information for 19 George Street

Stories6Residences3Year Built2023Building Size-Lot Size0.03 AC / 1,316 SF

Payment Calculator

$13,363 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,470

Property Taxes

$893

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 19 George Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 3540.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Dishwasher, Washer, Dryer, ENERGY STAR Qualified Washer
  • Basement Features: Walk Out, Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Broker has financial interest in property
Tax Information
  • Tax ID: M:103 B:B L:11,760900
  • Assessments: $1,035,800
  • Book: 80682
  • Tax Year: 2023
  • Zoning: RB
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Other
  • Cooling Units: 3
  • Cooling Zones: 3
  • Heat Units: 3
  • Heat Zones: 3
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Selling Broker Comp: 1
  • Other Agent Compensation: 1

Property History for 19 George Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 19 George Street

Taxable ValueLand$281,300Additions$524,200Total$805,500
Tax Record2024$8,474 ($706 / month)
Home Facts
Baths3Total Finished SqFt3,264 SqFtAbove Grade Finished SqFt3,264 SqFtStories3Lot Size1,316 SqFtStyleTriplexYear Built1900ZoningRBCountyMIDDLESEXAPNSOME M:103 B:B L:11

Schools near 19 George Street

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
E Somerville Community
PublicK to 8

Somerville High School
Public9 to 12

Next Wave Junior High School
Public7 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.

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19 George Street is a multi-family home for sale in Somerville, MA 02145. This property was listed for sale on May 7, 2024 by Riverfront REALTORS®, it's currently listed at $2,285,000. It has been on the market for a total of 12 days and was last sold on June 9, 1997. This listing's school district is Somerville School District. Nearby schools include E Somerville Community, Somerville High School and Next Wave Junior High School. 19 George Street is a 12-bed, 6-bath, 3,540 sqft multi-family home built in 2023.

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 Riverfront REALTORS®, Gregory McCarthy; Riverfront REALTORS®, Lucas Santos

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.