Multi-Family Home for Sale: 56-58 Walnut St. & 4-6 Pleasant Ave., Somerville, MA 02143

26 beds
22 full baths
16,229 sqft
$9,000,000
$9,000,000
56-58 Walnut St. & 4-6 Pleasant Ave., Somerville, MA 02143
26 beds
22 full baths
16,229 sqft
$9,000,000
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Photo of 56-58 Walnut St. & 4-6 Pleasant Ave. Somerville MA 02143
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Floor Plans
Walk Score
94
Price:
$9,000,000

Type: Multi-Family
Beds: 26
Total Baths: 22 full baths
Square Feet: 16,229 sqft
Lot Size: 0.44 acres
Year Built: 1890
Taxes Paid: $6,202,400

City: Somerville
County: Middlesex
Subdivision: Union Square

MLS: 72660222
Status: Active
Listed by Metro Realty Corp., Adam Umina
The Hollander Block consists of two majestic Queen Anne buildings on the corner of Walnut St & Pleasant Ave on Prospect Hill in Union Sq, one of the fastest growing neighborhoods in Somerville. This rare asset consists of 22 apartments - 20 one bed & 2 three bed units. The property is conveniently located just 3 blocks from bustling Union Sq, soon to be home to the new Green Line extension. The neighborhood boasts many great shops & restaurants including the recently established Bow Market. The Union Square Redevelopment has added to the upward trajectory that Union Sq has been experiencing and is poised to add 2.4 million sqft of office, retail and lab space. All leases are ending on varying dates in the summer of 2020, producing annual gross income of $525,000 with projected annual gross income of $591,000. There is significant value add opportunity through cosmetic updates and basic living area optimization. Rubber roofs replaced in 2002 & 2014, gas heat conversion in 2008.

Virtual Tours for 56-58 Walnut St. & 4-6 Pleasant Ave. Somerville, MA

Lot & Building Features

Construction: Frame
Sewer: City/Town Sewer
Tax Year: 2020
Taxes Paid: $6,202,400
Water: City/Town Water
Water Heater: Natural Gas
Foundation: Fieldstone
Exterior Features: Porch
Exterior: Clapboard
Roof Material: Rubber
Full Baths: 22
Total Rooms: 6
Garage Spaces: 0
Fireplaces: 6

Price History of 56-58 Walnut St. & 4-6 Pleasant Ave., Somerville, MA

Date Name Price Difference
05/21/2020 Listing Price $9,000,000 N/A
*We provide this information for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 56-58 Walnut St. & 4-6 Pleasant Ave., Somerville, MA

Location Map Street View Walk Score Bird's Eye

56-58 Walnut St. & 4-6 Pleasant Ave. (MLS #72660222) is a multi-family listing located in Somerville, MA. This multi-family listing is 16,229 sqft and on a lot of 19,166 sqft (or 0.44 acres) with 26 bedrooms, 10 baths and is 130 years old. This property was listed on 05/22/2020 and has been priced for sale at $9,000,000.

Nearby zip codes are 01245, 02141, 02144, 02145 and 02478. This property neighbors other cities such as Boston, Cambridge, Medford and Millis.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data not provided by MLS PIN.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Metro Realty Corp.

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©2020 MLS Property Information Network, Inc; The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. 
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