Somerville, MA 02143,19 Central Street
Somerville, MA 02143,19 Central Street
Somerville, MA 02143,19 Central Street
$14,000,000
Est. payment /mo
$15,000,000
6.7%
Est.Price: ?

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99 Beds
30 Baths
999 SqFt
SOLD DATE : 03/24/2022

Key Details

Sold Price $14,000,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 999 sqft

Price per Sqft $14,014

MLS Listing ID 72921917

Sold Date 03/24/22

Bedrooms 99

Full Baths 30

Year Built 1977

Annual Tax Amount $49,740

Tax Year 2021

Lot Size 0.560 Acres

Acres 0.56

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

The beautifully maintained, three-story building contains (30) residential units consisting of (15), 1-Bedroom/1-Bedroom units, (12), 2-Bedroom/1-Bathroom units, and (3), studio units in 20,580 sqft. of living area on a 0.56-acre parcel with parking for 33 vehicles. Since the buildings acquisition in 2019, 19 Central has undergone extensive renovations under current ownership. The majority of the units have been renovated with updated kitchens, bathrooms and flooring throughout. Additional renovations include refreshed common areas, updated electrical and window pane replacements. Building amenities include an on-site laundry facility, private storage, indoor bike racks and wall air conditioning units for all apartments. Located in the Spring Hill neighborhood of Somerville, in the path of the future Green Line Extension, the Property offers the rare opportunity to acquire a generational multi family asset with significant upside potential in one of the hottest real estate markets.

Location

State MA

County Middlesex

Area Spring Hill

Zoning UR

Direction Off of Somerville Ave

Rooms

Basement Full, Walk-Out Access

Interior

Appliance Gas Water Heater

Laundry Laundry Room

Exterior

Roof Type Shingle, Tar/Gravel

Total Parking Spaces 33

Garage No

Building

Lot Description Other

Story 3

Foundation Other

Sewer Public Sewer

Water Public

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Listed by Horvath & Tremblay
Bought with John Pentore • Horvath & Tremblay

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agent

Boris Kusturic

+1(631) 633-0347

Agent | License ID: 9553030

Agent License ID: 9553030

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