70 Columbus Ave, Somerville, MA 02143
70 Columbus Ave, Somerville, MA 02143
70 Columbus Ave, Somerville, MA 02143
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$1,800,000
Est. payment /mo
5 Beds
5 Baths
3,782 SqFt
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Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,782 sqft

Price per Sqft $475

MLS Listing ID 73580288

Bedrooms 5

Full Baths 5

Year Built 1900

Annual Tax Amount $17,715

Tax Year 2026

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type 5-9 Family

Property Description

The multi-family investment property located at 70 Columbus Ave in Somerville, MA (the “Property”) is a multi-story building containing five (5) 1-Bedroom/1-Bathroom units with 3,782 square feet of gross living area in 5,878 square feet of gross area. The Property is situated upon a 0.14-acre parcel and features three (3) tandem parking spaces. The historic building has been exceptionally cared for and features large recently updated apartments, providing residents with a desirable blend of character and modern convenience in a sought-after sub-market, minutes from the new Union Square MBTA Train Station. The Property benefits from recent significant capital improvements, including the installation of six new Burnham boilers in 2019, a new roof and extensive exterior maintenance in 2022, the replacement of approximately half of the building's windows in 2025, and a brand-new landlord-owned coin-operated laundry in 2026. The Property also offers meaningful value-add opportunity through below market rents. A full-height basement unit currently generates no income and may present future opportunities for additional revenue. The large driveway is also underutilized and can accommodate at least three off street parking spaces, creating supplemental parking income.

Location

State MA

County Middlesex

Area Union Square

Zoning NR

Direction Use GPS.

Rooms

Basement Full, Partially Finished

Interior

Fireplaces Number 1

Appliance Washer, Dryer

Exterior

Exterior Feature Sprinkler System, Garden

Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Roof Type Shingle,Rubber

Total Parking Spaces 3

Garage No

Building

Story 5

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false


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Listed by Horvath & Tremblay

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Boris Kusturic

Boris Kusturic

+1(631) 633-0347

Agent License ID: 9553030

Agent License ID: 9553030

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