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Image 1 - 25 Temple St, Somerville, Massachusetts, 02145 - House for sale
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Image 3 - 25 Temple St, Somerville, Massachusetts, 02145 - House for sale
Image 4 - 25 Temple St, Somerville, Massachusetts, 02145 - House for sale
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Image 8 - 25 Temple St, Somerville, Massachusetts, 02145 - House for sale
Image 9 - 25 Temple St, Somerville, Massachusetts, 02145 - House for sale
Home For Sale In Somerville, Massachusetts
25 Temple St, Somerville, Massachusetts, 02145

Home For Sale In Somerville, Massachusetts

house for sale
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Listed: 06/07/24

25 Temple St, Somerville, Massachusetts, 02145

7 Bed:
6 Bath:
3,469 Sq Ft Living Area:
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Price
$ 1,75M

About This House

5-family investment opportunity in the heart of Winter Hill! 25-27 Temple St. is positioned in a transit-oriented pocket of Somerville, directly adjacent to the impending infill development on 299 Broadway (featuring 288 residential units, a pedestrian path and new public park). Just south of I-93 and 0.5 miles north of the Gilman Sq. T Stop (Green Line), the building offers five (5) residential units with very flexible floorplans, as well as an in-law suite and additional square footage on the ground level. Gas and electricity are separately metered for each unit, common laundry is located in the basement, and three (3) parking spaces are apportioned in the driveway along the right-hand-side of the property. Listed at a cumulative sum of just$350, 000per unit, end-users can harness an existing rent roll in an appreciating sector of the city, with the ability to augment unit configurations and heighten return over time.

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Ten Hills Housing & Living

Household Income

Median household income: $84,722
Number of households: 32,453
The average household income in Somerville, MA grew from $78,673 to $84,722 in the past year. This data is an estimate based upon 32,453 households in Somerville, MA.
The chart below presents how household income is distributed in Somerville, MA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Somerville, MA compared to median property taxes around the country. The prevalent amount of property taxes in Somerville, MA equals $3k+ , which is more than the national average.