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36 College Ave, Somerville, MA 02144

$16,000,000
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Active
BEDS49 BATHS43 full SQUARE FEET34,417 MLS#73546201
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Rare Portfolio Offering: 36 College Avenue in Somerville is part of a three-building portfolio for sale, which also includes 202-218 Mass Ave. in Arlington and 49??55 Davis Square in Somerville. 36 College Avenue, known as the Bryant Chambers building, is a 44-unit, five-story brick apartment building in the heart of Davis Square. Located at the corner of College Avenue and Park Avenue, the property is steps from the MBTA Red Line and within walking distance of Tufts University. Built in the 1920s, the building features classic brick architecture with windows on all four sides, providing abundant natural light. The unit mix includes (3) studios, (34) one-bedroom apartments, (6) two-bedroom apartments, and (1) commercial space. Amenities include an elevator, on-site laundry, keyless FOB entry, and storage. The property offers stable in-place cash flow, a strong occupancy history, and long-term value-add potential through strategic management. PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFO

36 College Ave | MLS# 73546201

This multi-family property located at 36 College Ave, Somerville, MA 02144 is currently listed for sale with an asking price of $16,000,000. Search Somerville real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.17 Acres
Stories: 4.0
Taxes: $136,241
Year Built: 1920

Feature Descriptions

Building Area Total: 34417
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 16
Dwelling Type: 5-9 Family
Lot Features: Corner Lot
Parcel Number: 3319984
Parking Total: 0
Rooms Total: 90
Sewer: Public Sewer
Units: 44
Water: Public

Listed By / Shown By

Listed By

Agency Name: Carl Christie
Agent Name: Carl Christie
Agency Phone: 617-942-1137

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Estimated Payment

$ 51,629.15 per month $35,609.06 Principal & Interest $11,353.42 Property Tax $4,666.67 Homeowner's Insurance

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