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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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23 Summit Ave , Somerville, MA 02143
$1,399,000
Est. Payment: $3,108.89/mo
6 Bed
3 Bath
3691 Sqft
Status: Under Agreement | Days on site: 29
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NB2539 - CN218989
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House Description

Location. Location. Location. A rare opportunity to acquire a true diamond in the rough on one of Somerville's most desirable tree-lined streets, just steps from vibrant Union Square. This property is all about the location and the potential. Whether you're looking to restore the existing two-family, create a stunning single-family residence, or explore redevelopment opportunities for a multi-family project, the possibilities are exceptional.The existing 1907 structure is in need of significant renovation and is being sold as-is, making it an ideal opportunity for developers, builders, investors, or ambitious owner-occupants looking to create substantial value. Set on a 5,230± SF lot, the property currently offers approximately 3,691 SF of living area configured as a two-family residence with 13 rooms, 6 bedrooms, and 3.5 bathrooms.Enjoy one of Somerville's premier locations with easy access to Union Square's acclaimed restaurants, cafés, shops, MBTA Green Line, Cambridge, Assembly Row, and downtown Boston. Opportunities to transform a property in this neighborhood are increasingly rare. Bring your architect, your contractor, and your vision to unlock the full potential of this exceptional address.

Highlights

Listed by Oleg Elisev , 617-840-4961 Greenville Real Estate Group, Inc. , 617-983-8300.

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1907

County

Middlesex

Listing ID

73557653

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:3
  • Full Bathrooms:3
Water:Public

Exterior Features

Garage Capacity:5
Zoning:NR
Roof:Shingle,Rubber
Sewer:Public Sewer
Parking Features:Off Street,Tandem,Paved,Parking Spaces: 5
Principal Interest
$3,109
Taxes
$1,297

Home Price

$1,399,000

Loan Details

30 yrs
%

Down Payment

20%
$279,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,108.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,108.89 $1,297.42 $0.00 $4,406.31
Yearly $37,306.67 $15,569.00 $0.00 $52,875.67
Total $1,119,200.00 $467,070.00 $0.00 $1,586,270.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Somerville, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.