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382 Mcgrath Hwy

Somerville, MA 02143
  • $1,724,000
  • STATUS: Active
  • MLS #: 72876513
UPDATED: 36 min ago
$1,724,000
  • 8
    BEDS
  • 0.09
    ACRES
  • 4
    BATHS
  • 2
    1/2 BATHS
  • 3,668
    SQFT
  • $470
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1890
County:
Area:

School Ratings & Info

Listing courtesy of Mike Cohen of Compass.

Description

Located just outside of Union Square and at the foot of Prospect Hill, 382 McGrath Highway is a great investment or development opportunity and offers space for a business. This building is comprised of 4 residential units as well as commercial space. The apartments offer wonderful light and are classically charming, featuring hardwood floors and high ceilings. Layouts allow for possible use as two-bedroom units. Top floor apartments have enclosed front porches. Common open porches are on the back of the building. Updated zoning on the property is MR3. Considered a walkers paradise, the property has a Walkscore of 90. Union Square is one of the most sought after and transforming neighborhoods in the Greater Boston area. Home to some of the areas hottest restaurants, bars, coffee shops and specialty stores. It is also a burgeoning area for technology and development, as well as home to a future Green Line station.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. Data last updated 2021-12-05T21:07:48.973.
www.parrottrealtygroup.com/homes/120072861
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382 Mcgrath Hwy Somerville, MA 02143

  • Price: $1,724,000
  • Status: Active
  • On Site: Days
  • Updated: 36 min ago
  • MLS #: 72876513
8
Beds
4
Baths
2
½ Baths
0.09
Acres
3,668
SQFT
$470
$/SQFT
1890
Built
Neighborhood:
Union Square
County:
Middlesex
Area:
Union Square
Property Description
Located just outside of Union Square and at the foot of Prospect Hill, 382 McGrath Highway is a great investment or development opportunity and offers space for a business. This building is comprised of 4 residential units as well as commercial space. The apartments offer wonderful light and are classically charming, featuring hardwood floors and high ceilings. Layouts allow for possible use as two-bedroom units. Top floor apartments have enclosed front porches. Common open porches are on the back of the building. Updated zoning on the property is MR3. Considered a walkers paradise, the property has a Walkscore of 90. Union Square is one of the most sought after and transforming neighborhoods in the Greater Boston area. Home to some of the areas hottest restaurants, bars, coffee shops and specialty stores. It is also a burgeoning area for technology and development, as well as home to a future Green Line station.
Exterior Features

Beachfront No Exterior Vinyl Exterior Features PorchPorch - Enclosed Foundation FieldstoneBrick Foundation Size 999999 Lot Description Other (See Remarks) Parking Features Other (See Remarks) Parking Spaces 0 Road Type Public Roof Material Rubber Waterfront Flag No

Interior Features

Basement Yes Basement Features Full Bedrooms Unit1 1 Bedrooms Unit2 1 Bedrooms Unit3 1 Bedrooms Unit4 1 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring HardwoodOther (See Remarks) Floors Unit1 2 Floors Unit2 2 Floors Unit3 3 Floors Unit4 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Units 5 Heating Unit1 SteamGas Heating Unit2 SteamGas Heating Unit3 SteamGas Heating Unit4 SteamGas Hot Water Natural Gas Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 21 Rooms Unit1 4 Rooms Unit2 4 Rooms Unit3 5 Rooms Unit4 5

Property Features

Amenities Public TransportationShoppingParkHighway AccessT-StationUniversityOther (See Remarks) Apod Available No Assessments 1158200.00 Disclosure No Electric Features Circuit Breakers Gross Operating Income 77400 Lead Paint Unknown Lease Unit1 Y Lease Unit2 N Lease Unit3 Y Lease Unit4 N Lender Owned No Multifamily Type 5+ Family - 5+ Units Side By Side Net Operating Income 77400 Rent Unit1 1350 Rent Unit2 1350 Rent Unit3 1500 Rent Unit4 1050 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Includes 496 Sq. Ft Of Commercial Space. Sq Ft Source Public Record Tax Year 2021 Taxes 11802.05 UFFI Unknown Water City/Town Water Year Built Description Approximate Year Built Source Public Record Year Round Yes Zoning Mr3

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Mike Cohen of Compass.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. Data last updated 2021-12-05T21:07:48.973.
 
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Listing courtesy of Mike Cohen of Compass.