Gary Vrotsos Team
Gary J. Vrotsos: 617-901-7117 | [email protected]
Gary S. Vrotsos: 781-838-1445 | [email protected]


Posted by Gary Vrotsos Team on 12/18/2020

This Multi-Family in Somerville, MA recently sold for $1,735,000. This style home was sold by Gary Vrotsos Team - Coldwell Banker Residential Brokerage.


275 Summer, Somerville, MA 02144

Davis Square

Multi-Family

$1,650,000
Price
$1,735,000
Sale Price

3
Units
3,741
Approx. GLA
CASH COW $113600 GROSS INCOME WITH A VACANCY FOR LAST 4 MONTHS OF 2020. CLASSIC TRIPLE DECKER 1 BLOCK TO PORTER SQ, RED LINE, AND SHOPPING CENTER. ALL THE NICE FEATURES INCLUDING BAY WINDOWS, OAK FLOORS, BUILT IN DINING ROOM HUTCHES, EAT IN KITCHENS W/WALK IN PANTRIES, FRONT AND REAR PORCHES OVERLOOKING YARD, UPDATED SYSTEMS, RUBBER ROOF ABOUT 17 YEARS OLD, COMMON LAUNDRY IN BASEMENT, UNIT 1 LEASED TO 8/31/21 AND UNIT 3 LEASED TO 7/31/21. UNIT TWO WAS PAYING $3100 UNTIL 8/31/20 WHEN THEY VACATED . A CAP RATE OF 5% PUTS THIS PROPERTY AT 1.9M AND A CAP RATE OF 5.5% PUTS IT AT $1,733,345

Similar Properties





Categories: Sold Homes  


Posted by Gary Vrotsos Team on 11/17/2020

This Multi-Family in Belmont, MA recently sold for $870,000. This style home was sold by Gary Vrotsos Team - Coldwell Banker Residential Brokerage.


122-124 Beech St, Belmont, MA 02478

Waverley

Multi-Family

$829,000
Price
$870,000
Sale Price

2
Units
2,944
Approx. GLA
Two family home in super location near Waverly Sq. featuring bay windows, high ceilings, hardwood floors, spacious eat in kitchens, tile baths, off street parking for FIVE CARS. Three spots in rear of house and two along side of house . Walk to shops and restaurants, Belmont theater,Butler Elementary, and bus to Harvard Sq. . Easy drive to route 2. COIN OP WASHER DRYER IN BASEMENT INCLUDED . THIS PROPERTY IS AN EXCELLENT OPPORTUNITY FOR EITHER THE FIRST TIME HOME BUYER OR THE SAVVY INVESTOR OFFERING EXCELLENT POTENTIAL INCOME, TAX DEDUCTIONS, AND LONG TERM GROWTH. PARKING FOR TWO CARS BEHIND THE HOUSE AS WELL AS TWO MORE ALONG SIDE THE HOUSE. SELLER HAS LETTERS OF LEAD PAINT COMPLIANCE FOR BOTH UNITS; SECOND FLOOR UNIT ON TWO LEVELS WOULD CONSIST OF 5-6 BEDROOMS, 2 FULL BATHS WHICH WOULD ACCOMODATE LARGE FAMILIES: Butler school 2 blocks away

Similar Properties





Categories: Sold Homes  


Posted by Gary Vrotsos Team on 11/12/2020


275 Summer, Somerville, MA 02144

Davis Square

Multi-Family

$1,650,000
Price

3
Units
3,741
Approx. GLA
CASH COW $113600 GROSS INCOME WITH A VACANCY FOR LAST 4 MONTHS OF 2020. CLASSIC TRIPLE DECKER 1 BLOCK TO PORTER SQ, RED LINE, AND SHOPPING CENTER. ALL THE NICE FEATURES INCLUDING BAY WINDOWS, OAK FLOORS, BUILT IN DINING ROOM HUTCHES, EAT IN KITCHENS W/WALK IN PANTRIES, FRONT AND REAR PORCHES OVERLOOKING YARD, UPDATED SYSTEMS, RUBBER ROOF ABOUT 17 YEARS OLD, COMMON LAUNDRY IN BASEMENT, UNIT 1 LEASED TO 8/31/21 AND UNIT 3 LEASED TO 6/30/21. UNIT TWO WAS PAYING $3100 UNTIL 8/31/20 WHEN THEY VACATED . A CAP RATE OF 5% PUTS THIS PROPERTY AT 1.9M AND A CAP RATE OF 5.5% PUTS IT AT $1,733,345
Open House
No scheduled Open Houses

Similar Properties





Categories: New Homes  


Posted by Gary Vrotsos Team on 9/10/2020


122-124 Beech St, Belmont, MA 02478

Waverley

Multi-Family

$829,000
Price

2
Units
2,944
Approx. GLA
Two family home in super location near Waverly Sq. featuring bay windows, high ceilings, hardwood floors, spacious eat in kitchens, tile baths, off street parking for FIVE CARS. Three spots in rear of house and two along side of house . Walk to shops and restaurants, Belmont theater,Butler Elementary, and bus to Harvard Sq. . Easy drive to route 2. COIN OP WASHER DRYER IN BASEMENT INCLUDED . THIS PROPERTY IS AN EXCELLENT OPPORTUNITY FOR EITHER THE FIRST TIME HOME BUYER OR THE SAVVY INVESTOR OFFERING EXCELLENT POTENTIAL INCOME, TAX DEDUCTIONS, AND LONG TERM GROWTH. PARKING FOR TWO CARS BEHIND THE HOUSE AS WELL AS TWO MORE ALONG SIDE THE HOUSE. SELLER HAS LETTERS OF LEAD PAINT COMPLIANCE FOR BOTH UNITS; SECOND FLOOR UNIT ON TWO LEVELS WOULD CONSIST OF 5-6 BEDROOMS, 2 FULL BATHS WHICH WOULD ACCOMODATE LARGE FAMILIES: Butler school 2 blocks away
Open House
Saturday
September 12 at 12:00 PM to 1:30 PM
BEST 2 FAMILY FOR THE MONEY IN BELMONT 2900 SF LIVING AREA .. 4 CAR PARKING; ONE UNIT NOW VACANT GREAT OPPORTUNITY FOR SAVVY INVESTOR
Cannot make the Open Houses?
Location: 122-124 Beech St, Belmont, MA 02478    Get Directions






Categories: Open House  


Posted by Gary Vrotsos Team on 9/10/2020


122-124 Beech St, Belmont, MA 02478

Waverley

Multi-Family

$829,000
Price

2
Units
2,944
Approx. GLA
Two family home in super location near Waverly Sq. featuring bay windows, high ceilings, hardwood floors, spacious eat in kitchens, tile baths, off street parking for FIVE CARS. Three spots in rear of house and two along side of house . Walk to shops and restaurants, Belmont theater,Butler Elementary, and bus to Harvard Sq. . Easy drive to route 2. COIN OP WASHER DRYER IN BASEMENT INCLUDED . THIS PROPERTY IS AN EXCELLENT OPPORTUNITY FOR EITHER THE FIRST TIME HOME BUYER OR THE SAVVY INVESTOR OFFERING EXCELLENT POTENTIAL INCOME, TAX DEDUCTIONS, AND LONG TERM GROWTH. PARKING FOR TWO CARS BEHIND THE HOUSE AS WELL AS TWO MORE ALONG SIDE THE HOUSE. SELLER HAS LETTERS OF LEAD PAINT COMPLIANCE FOR BOTH UNITS; SECOND FLOOR UNIT ON TWO LEVELS WOULD CONSIST OF 5-6 BEDROOMS, 2 FULL BATHS WHICH WOULD ACCOMODATE LARGE FAMILIES: Butler school 2 blocks away
Open House
No scheduled Open Houses






Categories: Price Change