11,106 Sq. Ft.
$315 / Sq. Ft.
11,106
Sq. Ft.
$315
per Sq. Ft.

Description

This 11-unit investment portfolio is comprised of a 9-unit brick row house/mansard style building, a 2-unit building, and 5 garage spaces, all situated on 10,558 square feet of contiguous land. Unit compositions include 7 cozy 2 bedrooms, 2 apartments with finished walkout basements used as 2 or 3 bedrooms, 1 apartment with 3 bedrooms /2 bathrooms and a finished basement, and a two-level apartment with 4 bedrooms/2 bathrooms. 9-unit building highlights include some wide pine floors, bay windows,...This 11-unit investment portfolio is comprised of a 9-unit brick row house/mansard style building, a 2-unit building, and 5 garage spaces, all situated on 10,558 square feet of contiguous land. Unit compositions include 7 cozy 2 bedrooms, 2 apartments with finished walkout basements used as 2 or 3 bedrooms, 1 apartment with 3 bedrooms /2 bathrooms and a finished basement, and a two-level apartment with 4 bedrooms/2 bathrooms. 9-unit building highlights include some wide pine floors, bay windows, exposed brick, and large back porches. 2-unit building highlights include larger apartments, hardwood floors, enclosed porches, and modern kitchens and bathrooms. With a Walk Score © of 93, the property is ideally located near Union Square, Porter Square, and offers easy access to Harvard and Boston. This is a rare opportunity to acquire critical mass with incredible upside potential in a highly coveted area.

Listing Agent

  1. Mike Cohen

    Mike Cohen

    Listing Agent

    Compass

    mcohen@compass.com

    P: (617)-852-1160

Property Details for 9 School Street

Town
Somerville
MLS Area
Union Square
Area
MA-Somerville-Union Square, MA-Somerville
Garage Spaces
5
Parking Spaces
6.00
Parking Spaces Total
11
LISTING UPDATED: 10/14/2022 11:33 AM

Property Details for 9 School Street

StatusSold
MLS #72623419
Days on Market1
Taxes$3,355,223 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1890
CountyMiddlesex County
Buyer's Agent Compensation2%

Location

Sold By Compass, Mike Cohen

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Building Information for 9 School Street

Stories4Residences11Year Built1890Building Size-Lot Size0.24 AC / 10,558 SF

Payment Calculator

$296,660 per month

30 year fixed, 6.15% Interest

Principal and Interest

$17,058

Property Taxes

$279,602

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 9 School Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, T-Station, University
  • Current Financing: Withheld
  • Living Area: 11106.0
  • Total Units: 11
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Washer, Dryer
  • Basement Features: Full, Partially Finished, Walk Out
  • Num of Baths: 15.0
  • Num of Full Baths: 15
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 15.00
  • Bathrooms Total Integer: 15
  • FireplaceYN: No
  • Fireplaces: 0
  • Laundry Features: Laundry Room
Exterior Features
  • Construction: Frame, Brick
  • Exterior Features: Porch, Deck - Wood
  • Patio And Porch Features: Porch, Deck - Wood
  • Roof Material: Shingle, Rubber
Parking Features
  • Covered Spaces: 5.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: 5-1,7-1 School Street,And 2 Quincy St. Use Finished Basement Rooms As Bedrooms. Not All Bedrooms Have Closets.
Tax Information
  • Assessments: $3,025,300
  • Book: 14290
  • Tax Year: 2019
  • Zoning: UR
Building / Association Information
Living Characteristics
  • Beds Total: 27
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar
  • Foundation Area: 99999.0
Income / Expenses
  • GOI: $254,760.00
  • NOI: $74,400.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $6,200.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 9 School Street

DateEvent & SourcePriceAppreciation
Jul 26, 2021

Sold

MLS PIN #72623419

$3,500,000
Feb 25, 2020

Under Agreement

MLS PIN #72623419

Feb 25, 2020

Contingent

MLS PIN #72623419

Feb 24, 2020

Listed (Active)

MLS PIN #72623419

$4,888,800
DateEvent & SourcePrice
07/26/2021

Sold

MLS PIN #72623419

$3,500,000
02/25/2020

Under Agreement

MLS PIN #72623419

02/25/2020

Contingent

MLS PIN #72623419

02/24/2020

Listed (Active)

MLS PIN #72623419

$4,888,800

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

Public Records for 9 School Street

Taxable ValueLand$357,100Additions$568,200Total$925,300
Tax Record2025$10,095 ($841 / month)
Home Facts
Baths3Total Finished SqFt2,172 SqFtAbove Grade Finished SqFt2,172 SqFtStories3Lot Size1,625 SqFtStyleTriplexYear Built1920CountyMIDDLESEXAPNSOME M:63 B:A L:28-C

Schools near 9 School Street

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 - PK to 1
Rating
School
Distance
Somerville High School
Public9 to 12

Winter Hill Community School
PublicPK to 8

Capuano Early Childhood Center
PublicPK to 1

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.

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.