47 Conwell Ave, Somerville, Massachusetts 02144

$999,900
6
BD
2
BA
2,487
SqFt
List Price
$999,900
Status
ACTIVE
MLS#
73088129
Bedrooms
6
Bathrooms
2
Full Baths
2
Living Area
2,487
Lot Size (Acres)
0.1
Year Built
1920

Property Description

Attention all Contractors, Developers or Builders. Fantastic opportunity to pick up a LARGE 2-family in convenient Teele Sq! Excellent size & floorplan boasting 3 bedrooms per fl. You also have an expansive, full walk up, unfinished 3rd fl. Couple that with a large unfinished basement with good ceiling height and the possibilities are endless! There is also a great size backyard. Short distance to the Redline Davis T station along with the now open Green Line Extension; a stone's throw from Tufts campus ensures strong housing demand for decades to come! With the right RENO, building can produce an income of $10,000+. Explore a potential condo conversion, as the current living arrangement in the building favors a relatively quick application approval. Ask agent for more info. Property to be delivered VACANT. Will not qualify for conventional financing, needs extensive renovation. GROUP SHOWINGS ONLY, no public open houses. Fri. 4:30-6pm, Sunday 12-2pm. Showings w/ a signed waiver only.

Additional Information

Area
West Somerville
Taxes
$10,237
Water
City/Town Water
Sewer
City/Town Sewer
Buyer Agency Compensation
2.0%
Other Agent Compensation
2.0%
Compensation Based On
Net Sale Price
Sub Agency Offered
No

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty - Boston.