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Somerville, MA Real Estate News

By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Listed at just $949,999!
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By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Listed at just $949,999!
Comments 0
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Listed at just $949,999!
Comments 0
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Listed at just $949,999!
Comments 0
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Listed at just $949,999!
Comments 0
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Listed at just $949,999!
Comments 0
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Listed at just $949,999!
Comments 0
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Listed at just $949,999!
Comments 0
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Open house on Thursday 6/30 from 12pm-2pm! Listed at just $949,999!
Comments 0
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Listed at just $949,999!
Comments 1
By Ari Taylor, Realtor with Century 21 North Shore!
(Century 21 North Shore)
Attention Investors! Grab this quick! Fully rented 3 family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Showings during the market entrance open house on Saturday, 6/18 11am-1pm at 15-17 Vermont Avenue in Somerville. Listed at just $949,999!
Comments 2
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully rented 3 family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Showings during the market entrance open house on Saturday, 6/18 11am-1pm at 15-17 Vermont Avenue in Somerville. Listed at just $949,999!
Comments 1
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully rented 3 family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Showings during the market entrance open house on Saturday, 6/18 11am to 1pm. Listed at just $949,999!
Comments 1
By Ari Taylor, Realtor with Century 21 North Shore!
(Century 21 North Shore)
Attention Investors! Grab this quick! Fully rented 3 family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Showings during the market entrance open house on Saturday, 6/18 11am to 1pm. Listed at just $949,999!
Comments 2
Real Estate Market Report Somerville, MA 02143 May 2014 Somerville, MA (02143) Real Estate is still in a seller's market.  This will continue for remainder of 2014 due to lack of available housing and low interest rates.  Like all the real estate market in Boston area suburbs.  If you find the ideal home for you, be prepared to write an offer quickly or accept the possibility you will lose the home to another buyer. Buyers and investors who have are serious about the Real Estate Market in Somerville, MA  in May 2014  should now have enough facts to get them started on their real estate journey in this community. Price Trends - Sold vs. Listed Understanding the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).  By compa...
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Real Estate Market Report West Somerville, MA 02144 May 2014 West Somerville, MA (02144) Real Estate is still in a seller's market.  This will continue for remainder of 2014 due to lack of available housing and low interest rates.  Like all the real estate market in Boston area suburbs.  If you find the ideal home for you, be prepared to write an offer quickly or accept the possibility you will lose the home to another buyer. Buyers and investors who have are serious about the Real Estate Market in West Somerville, MA  in May 2014  should now have enough facts to get them started on their real estate journey in this community. Price Trends - Sold vs. Listed Understanding the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to ...
Comments 2
Real Estate Market Report East Somerville, MA 02145 May 2014 East Somerville, MA (02145) Real Estate is still in a seller's market.  This will continue for remainder of 2014 due to lack of available housing and low interest rates.  Like all the real estate market in Boston area suburbs.  If you find the ideal home for you, be prepared to write an offer quickly or accept the possibility you will lose the home to another buyer. Buyers and investors who have are serious about the Real Estate Market in East Somerville, MA  in May 2014  should now have enough facts to get them started on their real estate journey in this community. Price Trends - Sold vs. Listed Understanding the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to ...
Comments 1
Looking at the data from MLS and we saw that condos in Somerville were selling for consistently over asking price throughout 2013.  Low inventory,high-demand, and good public transportation options are driving prices higher.
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Recent data from the MLSPIN shows that in Q1 2013, the average condo in Somerville was going for $450K or $371.00 a sq foot. This is up from an average of $352K just in 2007 or a 27% increase in 6 years. For complete listings of Somerville condos - just click here - http://www.buyeragentsofboston.com/somerville and please call us at 617-997-5570 to schedule a time to chat with an experienced buyer agent about your home search.  
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Somerville Multi Family Properties Have Strong Rebound Somerville muti-family properties have had a strong rebound since the recession. As in Brookline condos, we see the average sale price in Q1 2013 over the asking price (all info from MLSPIN). With limited inventory and strong rents, prices are forecasted to be on the rise through 2013 - for the complete list of curently available Somerville mulit-family properties, just click here - http://www.buyeragentsofboston.com/somerville
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