84-86R Cross St, Somerville MA 02145

Somerville, MA 02145
$2,319,000
Est. $13,425/month
8
Beds
6
Baths
4,661
Sq Ft
$498
Price/Sq Ft
0.07
Acres
1900
Year Built
126
Days on Market
Pending Price Drop -$3,000 Listed May 27, 2025 • MLS# 73380216 Copied!

About this home

Outstanding 6-unit investment opportunity in rapidly growing East Somerville! This rare two-building, two-parcel package at 84-86 & 86R Cross Street offers both immediate cash flow and long-term upside. The front building features four well-maintained units, while a separate two-unit structure in the rear adds versatility and value. All three upper-level units enjoy private back decks, and a shared patio creates inviting outdoor space between the buildings. A three-car driveway and potential for additional parking add even more utility. Updated interiors, a centralized laundry room, and separately metered units make for easy management. Whether you're seeking strong rental income, condo conversion potential, or a future redevelopment play, this property checks all the boxes. Just blocks from the Green Line Extension, Assembly Row, shops, restaurants, and I-93, this is a prime location with high tenant demand and strong appreciation!

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
8
Full Bathrooms
6
Living Area
4,661 sq ft
Total Rooms
20
Stories
7
Levels
7

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1900
Living Area 4,661 sq ft
Lot Size 0.07 acres
Bedrooms 8
Full Baths 6
Total Rooms 20

Interior

Heating None
Cooling None
Flooring Wood
Appliances None
Fireplace None
Basement Full
Laundry Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood, Patio

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 3

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Gas Oven, For Electric Oven, For Gas Dryer, For Electric Dryer, Washer Hookup

Financial

Annual Tax $17,984
Assessed Value $1,648,400

Interior Features

Flooring: Wood
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry: Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Slab
Stories: 7

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck - Wood, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

84-86R Cross St, Somerville MA 02145

Somerville, MA 02145

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,499
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
May 27, 2025
$2,319,000
Original listing

Price & Status History

Date Event Price Change
May 27, 2025 New Listing Added $2,319,000

Market Statistics

Days on Market
126 days
Price per Sq Ft
$498
Total Price Drop
-$3,000

Tax History

Year Taxes Assessment
2024 $17,984 $1,648,400

Financial Details

Annual Property Tax
$17,984
Tax Year 2024
Assessed Value
$1,648,400

Listing Information

Listing Agent Chad Myers
Listing Office Mr. Chaddles Real Estate
Agent MLS ID CT005004
Office MLS ID AN0974
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

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