640 Mystic Ave Somerville MA 02145 MLS #73235507

640 Mystic Ave
Somerville, MA, 02145
$2,649,000
9 Beds
7.5 Baths
5,096 SqFt
0.09 Acres
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INVESTORS-UNDER ASSESSED VALUE! Discover the best opportunity in Somerville at only $520 per square foot. This property includes 6 garage parking spaces and is perfect for a 1031 EXCHANGE OPPORTUNITY. Three custom-designed side by side townhouses, each with two garage spaces. An award-winning developer has crafted each home with a chef’s kitchen featuring Bertazzoni ranges, SS Appliances, and gleaming hardwood floors. The open-concept living room, dining room, and kitchen lead directly to a walk-out patio. On the second level, there are two bedrooms, laundry facilities, a full bathroom, and an office nook. The top floor boasts a spacious primary bedroom suite with two walk-in closets, a double vanity, and a spa-like walk-in shower. Each unit features a private balcony with unobstructed views of the Mystic River and Encore Casino. Constructed in 2018 with soundproofing and a FIRE SPRINKLER/ALARM system, Amenity Score 8.3 Walk Score 7.8 Park Score 9.8 Schools 9.8 Wellness 8.8.

Property Details

Price:
$2,649,000
MLS #:
73235507
Status:
Active
Beds:
9
Baths:
7.5
Address:
640 Mystic Ave
Type:
Multi Family
Subtype:
3 Family – 3 Units Side by Side
City:
Somerville
Listed Date:
May 9, 2024
State:
MA
Finished Sq Ft:
5,096
Total Sq Ft:
5,096
ZIP:
02145
Lot Size:
4,100 sqft / 0.09 acres (approx)
Year Built:
2017
Units:
3
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Schools

Interior

Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Oven, Trash Compactor
Bathrooms
6 Full Bathrooms, 3 Half Bathrooms
Cooling
Central Air, Individual
Fireplaces Total
3
Flooring
Carpet, Hardwood
Heating
Central, Forced Air, Natural Gas, Individual

Exterior

Community Features
Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School, University
Parking Features
Assigned
Parking Spots
6

Financial

Net Operating Income
$153,000
Tax Year
2024
Taxes
$29,027

Map

Community

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