Contractors & Investors. Multi-family in highly sought after Somerville neighborhood. Property offers many updated finishes on 2nd & 3rd floor including high end bathrooms, kitchens and appliances along with views of Boston skyline. 1st floor needs work. Property has excellent potential for high end rents or condo conversion. Condo docs partially completed shall transfer in "as is" form. Ideal for commuters: close to green line; minutes from Boston & Encore Casino. Property will be highly profitable to the right investor who's willing to take a little time completing the finishing touches. Don't miss out - this is a hot investment!
Sold for $1,100,000
$1,100,000
40 Temple St, Somerville, MA 02145
9beds
3,354sqft
3 Family
Built in 1900
-- sqft lot
$1,372,500 Zestimate®
$328/sqft
$3,010 Estimated rent
Home value
$1,372,500
$1.26M - $1.50M
$3,010/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: May 31, 2023 at 04:46am
Listed by:
Terrence Slater 617-549-2308,
Slater Realty 617-549-2308,
Terrence Slater 617-549-2308
Bought with:
Terrence Slater
Slater Realty
Source: MLS PIN,MLS#: 73094123
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,354
- Total interior livable area: 3,354 sqft
Property
Features
- Has view: Yes
- View description: Scenic View(s)
Lot
- Size: 2,870 sqft
Details
- Parcel number: M:58 B:B L:26,756116
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School, T-Station
Location
- Region: Somerville
HOA & financial
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Contract
Price history
| Date | Event | Price |
|---|---|---|
| 5/25/2023 | Sold | $1,100,000-12.7%$328/sqft |
Source: MLS PIN #73094123 Report a problem | ||
| 4/24/2023 | Contingent | $1,260,000$376/sqft |
Source: MLS PIN #73094123 Report a problem | ||
| 4/1/2023 | Listed for sale | $1,260,000+159.8%$376/sqft |
Source: MLS PIN #73094123 Report a problem | ||
| 4/30/2008 | Sold | $485,000-4.7%$145/sqft |
Source: Public Record Report a problem | ||
| 2/21/2008 | Price change | $509,000-1.9%$152/sqft |
Source: MLS Property Information Network #70699969 Report a problem | ||
| 1/26/2008 | Listed for sale | $519,000+3.8%$155/sqft |
Source: MLS Property Information Network #70699969 Report a problem | ||
| 9/4/2002 | Sold | $500,000+316.7%$149/sqft |
Source: Public Record Report a problem | ||
| 2/28/1994 | Sold | $120,000-14%$36/sqft |
Source: Public Record Report a problem | ||
| 10/14/1993 | Sold | $139,500-39.9%$42/sqft |
Source: Public Record Report a problem | ||
| 12/28/1989 | Sold | $232,000$69/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,169 +2.1% | $1,115,400 -1.5% |
| 2024 | $11,916 +2.6% | $1,132,700 +0.9% |
| 2023 | $11,612 +9.5% | $1,123,000 +7.8% |
| 2022 | $10,600 +5.2% | $1,041,300 +5.3% |
| 2021 | $10,080 +2% | $989,200 +1% |
| 2020 | $9,884 +7.9% | $979,600 +15.1% |
| 2019 | $9,157 +28.9% | $851,000 +35.5% |
| 2018 | $7,103 +2.3% | $628,000 +5.5% |
| 2017 | $6,945 +9.5% | $595,100 +17.5% |
| 2016 | $6,344 | $506,300 |
Find assessor info on the county website
Neighborhood: Winter Hill
Nearby schools
GreatSchools rating
- 5/10Arthur D. Healey SchoolGrades: PK-8Distance: 0.3 mi
- 6/10Somerville High SchoolGrades: 9-12Distance: 0.5 mi
- 3/10Winter Hill Community SchoolGrades: PK-8Distance: 0.4 mi
Schools provided by the listing agent
- High: Somerville High
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,372,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,372,500