69 Jaques St Somerville, MA 02145

Property Details for 69 Jaques St

Year built

1900

Property size

4,409 SF

Property type

Commercial real estate

Description

This exceptional estate sale presents a rare opportunity to acquire a meticulously maintained four-unit apartment building in the highly desirable Somerville, MA, 02145. Boasting over 4,409 square feet of living space, this six-story property sits on a 7,324 square foot lot and includes a substantial 4-car garage with additional driveway parking for a total of 8 spaces. The building features a stunning, luxury owner's unit spanning two levels, offering seven rooms, three bedrooms, and two bathrooms, complete with cathedral ceilings and a spacious primary suite. This unit, along with the three additional units, has undergone previous renovations. The three rental units currently generate a combined monthly income of $6,150, offering significant potential for increased revenue given their below-market rents. An unfinished basement adds an additional 1,699 square feet of potential usable space. The property benefits from an excellent location, with a Walk Score of 89, Bike Score of 82, and Transit Score of 82, placing it within easy reach of the Green and Orange lines. The owner's unit is equipped with central air conditioning and a central vacuum system. This property has been owned by the same family for approximately 90 years, ensuring a history of careful upkeep and excellent condition. The asking price is $2,499,900. Note that interior square footage is approximate.

Location Insight

City

Somerville

County

Middlesex

State

Massachusetts

Longitude

-71.09258

Latitude

42.3947461