74 Morrison Ave

3,475 Sq. Ft.
$547 / Sq. Ft.
3,475
Sq. Ft.
$547
per Sq. Ft.

Description

Davis Square 3-family, completely renovated for hassle free rentals and/or a lucrative condo conversion. Originally built in early 1900, this Victorian 3-family is now an amazing rental property with leases on 1st and 2nd floor for $6,460, and $2,900 potential for 3rd floor. High ceilings, beautiful hardwood floors & solid 5-panel doors are a nod to yesteryear, while the updates – granite & stainless kitchens, newly tiled baths, central air, new electrical & plumbing, on-demand water heaters, & new...Davis Square 3-family, completely renovated for hassle free rentals and/or a lucrative condo conversion. Originally built in early 1900, this Victorian 3-family is now an amazing rental property with leases on 1st and 2nd floor for $6,460, and $2,900 potential for 3rd floor. High ceilings, beautiful hardwood floors & solid 5-panel doors are a nod to yesteryear, while the updates – granite & stainless kitchens, newly tiled baths, central air, new electrical & plumbing, on-demand water heaters, & new windows – provide modern apartments yielding great rents. All 3 apartments have decks, in-unit laundry, & private basement storage. The large back yard includes a shared patio & a shed. Two-car driveway. And best of all, the property backs up to the Minuteman bike path and is less than a ½ mile to the Davis Square restaurants, shops & the red line MBTA, and just over a ½ mile to the Porter Sq subway & commuter rail. See attached brochure & floor plans. A blue chip investment property

Listing Agents

  1. Lisa J. Drapkin

    Lisa J. Drapkin

    Listing Agent

    Compass

    lisa.drapkin@compass.com

    P: (617)-930-1288

  2. Listed by Nancy Dixon • Coldwell Banker Realty - Cambridge

Property Details for 74 Morrison Avenue

Town
Somerville
MLS Area
Davis Square
Area
MA-Somerville-Davis Square, MA-Somerville
Style
Garden
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2
LISTING UPDATED: 08/06/2022 06:45 AM

Property Details for 74 Morrison Avenue

StatusSold
MLS #72224182
Days on Market16
Taxes$13,030 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1900
CountyMiddlesex County

Location

Listing Courtesy of Compass, Lisa J. Drapkin; Coldwell Banker Realty - Cambridge, Nancy Dixon

Sold By Compass, Debbie Lewis

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Building Information for 74 Morrison Avenue

Stories6Residences3Year Built1900Building Size-Lot Size0.08 AC / 3,456 SF

Payment Calculator

$10,356 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,270

Property Taxes

$1,086

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 74 Morrison Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Current Financing: Conv. Fixed
  • Living Area: 3475.0
  • Color: Light blue
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer), Unit 2(Range, Unit 3(Range, Dryer, Vent Hood), Gas Water Heater, Tankless Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Basement Features: Full
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood, Pine, Unit 1(undefined), Unit 2(Hardwood Floors, Stone/Ceramic Tile Floor), Unit 3(Hardwood Floors
  • Interior Features: Unit 1(Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom with Shower Stall, Open Floor Plan, Programmable Thermostat), Unit 2(Stone/Granite/Solid Counters, Unit 3(Stone/Granite/Solid Counters, Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Storage Shed, Garden, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Exterior Features: Storage Shed, Garden Area, Porch, Deck - Composite, Patio
  • Lot Description: Level
  • Patio And Porch Features: Porch, Deck - Composite, Patio
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Improved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Improved Driveway
  • Parking Features: Off-Street, Improved Driveway
Utilities
  • Cooling: Unit 1(Central Air, Unit Control), Unit 2(Central Air, Unit 3(Central Air
  • Cooling: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Green Energy Efficient: Thermostat
  • Heating: Unit 1(Forced Air, Gas, Unit Control), Unit 2(Forced Air, Unit 3(Forced Air
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Unit 3 is currently vacant but was rented for $2800 to a single person until 8/31/17 and was rented for $2,900 to 2 people the year before. One of the parking spaces in the driveway is rented to a neighbor for $100/month on month-to-month basis. Floor plans and detailed brochure are attached.
Tax Information
  • Tax ID: 751244
  • Assessments: $1,101,500
  • Book: 9999
  • Tax Year: 2017
  • Zoning: Res
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 3
  • Cooling Zones: 3
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • GOI: $111,120.00
  • NOI: $111,120.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $9,360.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2.5

Property History for 74 Morrison Avenue

DateEvent & SourcePriceAppreciation
Jul 15, 2022

Sold

MLS PIN #72978326

$2,200,000
May 17, 2022

Under Agreement

MLS PIN #72978326

May 17, 2022

Contingent

MLS PIN #72978326

May 9, 2022

Listed (Active)

MLS PIN #72978326

$2,199,000
Oct 20, 2017

Sold

MLS PIN #72224182

$1,902,000
Sep 14, 2017

Under Agreement

MLS PIN #72224182

Sep 14, 2017

Contingent

MLS PIN #72224182

Sep 6, 2017

Listed (Active)

MLS PIN #72224182

$1,848,000
Nov 7, 2014

Sold (Public Record)

Public Record #483280863

$1,050,000

+838.7% / yr

Nov 7, 2014

Sold

MLS PIN #71741511

$1,050,000
Sep 17, 2014

Under Agreement

MLS PIN #71741511

Sep 17, 2014

Contingent

MLS PIN #71741511

Sep 10, 2014

Listed (Active)

MLS PIN #71741511

$875,000
Aug 29, 2008

Sold (Public Record)

Public Record #326602892

$1
DateEvent & SourcePrice
07/15/2022

Sold

MLS PIN #72978326

$2,200,000
05/17/2022

Under Agreement

MLS PIN #72978326

05/17/2022

Contingent

MLS PIN #72978326

05/09/2022

Listed (Active)

MLS PIN #72978326

$2,199,000
10/20/2017

Sold

MLS PIN #72224182

$1,902,000
09/14/2017

Under Agreement

MLS PIN #72224182

09/14/2017

Contingent

MLS PIN #72224182

09/06/2017

Listed (Active)

MLS PIN #72224182

$1,848,000
11/07/2014

Sold (Public Record)

Public Record #483280863

$1,050,000

+838.7% / yr

11/07/2014

Sold

MLS PIN #71741511

$1,050,000
09/17/2014

Under Agreement

MLS PIN #71741511

09/17/2014

Contingent

MLS PIN #71741511

09/10/2014

Listed (Active)

MLS PIN #71741511

$875,000
08/29/2008

Sold (Public Record)

Public Record #326602892

$1

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

Public Records for 74 Morrison Avenue

Taxable ValueLand$742,200Additions$1,401,400Total$2,143,600
Tax Record2025$23,387 ($1,949 / month)
Home Facts
Baths4Total Finished SqFt3,476 SqFtAbove Grade Finished SqFt3,476 SqFtStories3Lot Size4,313 SqFtStyleTriplexYear Built1900ZoningRACountyMIDDLESEXAPNSOME M:28 B:J L:10

Schools near 74 Morrison Avenue

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Benjamin G. Brown School
PublicK to 5

John F. Kennedy Elementary School
PublicPK to 8

Somerville High School
Public9 to 12

Winter Hill Community School
PublicPK to 8

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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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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Lisa J. Drapkin; Coldwell Banker Realty - Cambridge, Nancy Dixon

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.