LOCATION! LOCATION! LOCATION! This well-maintained two-family is a prime investment opportunity. On-Street permit parking. Delivered with tenants, this property has had excellent rents over the years with a combined monthly rental income of $8350 through Aug 2025! Unit #1 - ...
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Last Updated: April 7th, 2025 at 4:38am
Gross Income: $100,200
Gross Expenses: $17,493
Net Income Calc: $82,707
CAP Rate: 4.14%
Annual Expenses for 10 Hancock St, Somerville MA 02144
Total Gross Expenses (Calculated)$17,493/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$17,493.66
Annual Income & Unit Breakdown for 10 Hancock St, Somerville MA 02144
Total Gross Income (Calculated)$100,200
Unit 1
Rental Income3150
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income5200
LeaseY
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 10 Hancock St, Somerville MA 02144
Listing ID73353670
Property TypeMulti Family / 2 Family
Price$1,999,900 ($619.74/SqFt)
Style
CitySomerville
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,227 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking0
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone,Brick/Mortar
Accessible Features
Outdoor SpacePatio, Porch
ZoningRB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Interior Features for 10 Hancock St, Somerville MA 02144
Disclosures for 10 Hancock St, Somerville MA 02144
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosurePublic record.
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$0
Total Gross Income By Broker$100,200
Total Net Income By Broker$100,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 10 Hancock St, Somerville MA 02144
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesPublic School, Shopping, Public Transportation, T-station, Private School, University
Contact Information for 10 Hancock St, Somerville MA 02144