Greater Boston Real Estate

Included below are real estate listings in the Greater Boston region and Massachusetts.
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$4,600,000
13 Days Online

1 Beacon St
Somerville, MA 02143

For Sale|Multi-Family|Active
County:
Middlesex

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 508-466-4615
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508-466-4615
1 Beacon St1 Beacon St1 Beacon St1 Beacon St
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One Beacon, 6.41% 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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Listing Snapshot
Price 
$4,600,000
Days Online 
13 Days
Bedrooms 
16
Inside Area (SqFt) 
6,812 sqft
Total Baths 
8
Full Baths 
8
Partial Baths 
N/A
Lot Size 
0.13 Acres
Year Built 
1900
MLS® Number 
73226159
Status 
Active
Property Tax 
$30,909
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
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What's This?
Private
Recent Activity
yesterdayListing updated with changes from the MLS®
2 weeks agoListing first seen online
General Features
Parking 
Off Street
Parking Spaces 
4
Sewer 
Public Sewer
Basement 
Unfinished
Number of Stories 
10
Acreage 
0.13
Water 
Public
Property Sub Type 
Multi Family
Garage Spaces 
0
Foundation 
Other
Zoning 
MR4
Buyer Agent Compensation 
2%
Facilitator Compensation 
0
Compensation Based On 
Net Sale Price
Sub-Agency Relationship Offered 
No
Garage 
0
Parking Features 
Off Street
Electricity 
Individually Metered
Interior Features
Cooling 
Central Air
Heating 
Forced Air
Appliances 
WasherDryer
Fireplaces 
0
Fireplace 
No
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Exterior Features
Roof 
Rubber
Spa 
No
Waterfront Property 
No
Exterior 
Balcony/Deck
Lot 
Corner Lot
Patio And Porch 
Deck
Lot Features 
Corner Lot
Community Features
Community Features 
Public TransportationShoppingPoolTennis Court(s)ParkWalk/ Jog TrailsMedical FacilityLaundromatHighway AccessHouse of WorshipPrivate SchoolPublic SchoolT- StationUniversityWalk/Jog TrailsT-Station
Senior Community 
No
MLS Area 
Inman Square
Adult Care Community 
No
Listing courtesy of John Pentore of Horvath & Tremblay



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Data Last Updated at 2024-05-03 05:30 AM UTC

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