15-17 Oak Street Pl Somerville, MA 02143
- Apartment buildings
- 8,600 SF
Current Use by Public Records
- Apartment buildings
Property Details for 15-17 Oak Street Pl
- Year built
- 1900
- Property size
- 8,600 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents two attached two-family homes situated on a sizable 8,600 square foot lot in desirable Somerville, Massachusetts. Centrally located between vibrant Inman Square and Union Square, this property boasts a prime residential setting. Owned and meticulously maintained by the same family for over half a century, this 1900-built property offers 7 bedrooms and 5 bathrooms across its 3,845 square feet of interior living space. The unit configuration includes a 1-bedroom, 1-bathroom unit and a 1-bedroom plus 1-bathroom unit on the first floor, and a 2-bedroom, 1-bathroom unit and a 3-bedroom, 2-bathroom unit on the second floor. Heating is provided by a forced hot air, gas system with six zones (one per floor in each unit). A substantial 2,004 square foot unfinished basement offers significant potential for expansion or additional storage. The property also features a sizeable backyard, a side yard at 17 Oak Street, and a paved driveway at 15 Oak Street providing off-street parking for three vehicles. The City of Somerville separately assesses #15 and #17 for tax purposes
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Somerville
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.1003
- Latitude
- 42.3809
