1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St
1 Beacon St

1 Beacon StSomerville, Massachusetts

8 baths6812 sqft
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$ 4,550,000
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Marcio Vasconcelos
Marcio Vasconcelos
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Description of 1 Beacon St

One Beacon, 6.48% cap rate with rental upside, is a turn-key asset exceptionally located in Somerville?s Inman Square neighborhood on the Cambridge border. The Property contains six units consisting of (4) 4-Bedroom/2-Bathroom units and two commercial units. The Property is fully leased and has undergone extensive interior unit renovations featuring condo quality finishes in the residential units including new kitchens with custom cabinets, quartz counter tops and stainless-steel appliances, updated bathrooms with new tile flooring and high-end fixtures, vinyl plank floors as well as new forced hot air and central air-conditioning systems and Navien tankless hot water systems. The commercial tenant, Trina?s Starlite Lounge and Parlor Sports (both leased by one tenant), recently extended their lease for 5-years (through August 31, 2029) and reimburse their pro-rata share of Real Estate Taxes, Insurance and Utilities. Common laundry for tenants is located on the 2nd and 3rd floor.
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Details

Property Type

Multi-Family

Lot/Acreage

0.13

Year Built

1900

Zip Code

02143

County

Middlesex

MLS

#73226159

Interior

Master Bath

No

Basement

Yes

Basement Features

Unfinished Basement

Exterior

Road Type

Public

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Frequently Asked Questions for 1 Beacon St, Somerville, MA 02143

How many photos are available for this home?

For this home, we provide a comprehensive gallery featuring 23 high-quality images, showcasing every aspect of the property to give you a detailed perspective.

How much is this home worth?

Based on Home Shift Team data, we estimate the value of the home to be $4,550,000. Determining the worth of a home involves various factors such as location, size, amenities, and market conditions. To provide an accurate estimate, we conduct a thorough analysis tailored to the unique attributes of 1 Beacon St, Somerville, MA 02143.

How long has this home been listed on Home Shift Team?

1 Beacon St, Somerville, MA 02143 has been listed on Home Shift Team for 49 day(s), offering ample time for prospective buyers to explore its features and envision their future in this remarkable property.

How many bathrooms does 1 Beacon St, Somerville, MA 02143 have?

With 8 well-appointed bathrooms, 1 Beacon St, Somerville, MA 02143 offers convenience and luxury, catering to the needs of occupants and guests alike.

When was this home built?

Constructed in 1900, this home blends timeless architecture with modern amenities, embodying quality craftsmanship and enduring appeal.

What’s the full address of this home?

The full address for this home is 1 Beacon St, Somerville, MA 02143

Is the prices droping in Somerville city?

Yes. The prices are droping in Somerville city. The median current price is $4,550,000, compared to the last month that was $4,600,000

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