This well-maintained 2-family home offers excellent opportunity for multi-generational living, investors, or anyone seeking additional rental income. The first-floor apartment features 5 rooms, 2 bedrooms, 1 full bath, and sun filled formal living and dining rooms. The secon...
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Last Updated: April 5th, 2025 at 12:38am
Gross Income: $78,000
Gross Expenses: $12,921
Net Income Calc: $65,079
CAP Rate: 3.83%
Annual Expenses for 71 Berkeley St, Somerville MA 02143
Total Gross Expenses (Calculated)$12,921/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$12,921
Annual Income & Unit Breakdown for 71 Berkeley St, Somerville MA 02143
Total Gross Income (Calculated)$78,000
Unit 1
Rental Income2500
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
Unit 2
Rental Income4000
LeaseN
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 71 Berkeley St, Somerville MA 02143
Listing ID73333860
Property TypeMulti Family
Price$1,699,000 ($370.31/SqFt)
Style
CitySomerville
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total4,588 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking6
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor SpacePorch
ZoningRA
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 71 Berkeley St, Somerville MA 02143
Disclosures for 71 Berkeley St, Somerville MA 02143
Lead PaintUnknown
UFFI
Living Area Includes BasementYes
Living Area DisclosureFor informational purposes only. All measurements
Building Area SourceMeasured
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$30,000
Total Net Income By Broker$30,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnCompensation Offered But Not In Mls
Location Information for 71 Berkeley St, Somerville MA 02143
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Bike Path, Public Transportation, T-station, University
Contact Information for 71 Berkeley St, Somerville MA 02143