21 days on rocket

19 George St, Somerville, MA, 02145

$2,250,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
6 Full Baths
3,540 SqFt
$636/SqFt
Multi
Schools Nearby

Location

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19 George St, Somerville$2,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive
Year Built2023
HeatingCentral
CoolingCentral Air
BasementYes
MLS #73234182
Lot Size0.03 Acres
StatusActive

About 19 George St

Brand New Generational Multi Family asset on beautiful tree lined street bursting with Somerville Charm. This large 3 family has been gut renovated and rebuilt with high end condo quality finishes. Step right in and Generate enormous cashflow. . Already Boasting 12 bedrooms and 6 full bathrooms, there still room for future expansion by way of unfinished 1200 sq ft basement. A painstaking 2023/2024 complete renovation allows the new owner to walk into an hands free Asset Ready for healthy cashflow. Rare opportunity in an incredible Market with amazing stability and growth. Walking distance to dozens of cafe's restaurants and shops, as well as both the Orange & Green Line. Tenant's will enjoy central air, laundry in unit, and condo quality finishes allowing the homes to fetch top dollar rent. With apartments in the area renting at record prices, this presents the perfect opportunity to step right into positive cashflow in a premier investment market poised for appreciation

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Living Area: 3,540 SqFt

Listing Office:

  • Office Name: Riverfront REALTORS®
  • Listing Agent: Gregory McCarthy

Interior Features

Interior Information:

  • Appliances: Dishwasher, Washer, Dryer, ENERGY STAR Qualified Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Parking: Paved Drive

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Somerville High School, Public District Grades 9-12
  • E Somerville Community, Public District Grades KG-8
  • Winter Hill Community, Public District Grades PK-8
  • Albert F. Argenziano School At Lincoln Park, Public District Grades PK-8
  • Benjamin G Brown, Public District Grades KG-6

Other

Directions Information:

  • Directions: Broadway to George

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,250,000
  • Price Per SqFt: $636/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.5
  • Seller's Agent Commission: 1

Tax Information:

  • Annual Amount: $9,967
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Somerville, MA.

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Somerville, MA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$630

Avg. Days On Market

37

# of Sold Homes

42

19 George St vs Somerville

21 DAYS ON ROCKET

-16 Days

$2,250,000

+$1.2M More

$636/SqFt

+$6 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $6/SqFt more than other homes in Somerville, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73234182

Listing Office:

  • Office Name: Riverfront REALTORS®
  • Listing Agent: Gregory McCarthy

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/28/2024, 11:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 09, 1997Home Sold
$52,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,967$978,100
2020$9,766$967,900
2019$9,008$837,200
2018$7,113$628,900
2017$6,611$566,500

History based on county public records data.

Payment Calculator

$11.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,812

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4017044
10
/10

  • Benjamin G Brown

  • 201 Willow Ave

  • 1.92 miles

  • Public District Grades KG-6

Middle School

school-card-donut-4017045
3
/10

  • E Somerville Community

  • 50 Cross St

  • 0.38 miles

  • Public District Grades KG-8

school-card-donut-4017046
2
/10

  • Winter Hill Community

  • 115 Sycamore St

  • 1.05 miles

  • Public District Grades PK-8

school-card-donut-4017047
5
/10

  • Albert F. Argenziano School At Lincoln Park

  • 290 Washington St

  • 1.06 miles

  • Public District Grades PK-8

High School

school-card-donut-4017048
5
/10

  • Somerville High School

  • 81 Highland Ave

  • 0.89 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,890. The majority of Somerville, MA residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Somerville›02145›19 George St

This home is located at 19 George St in Somerville, MA and zip code 02145 in the East Somerville neighborhood. This 3,540 square foot home, which was built in 2023, sits on a 0.03 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $2,250,000.

In April 2024, from all listings sold in Somerville, MA there were more than 21 sold above asking price, over 15 sold below and more than 6 were sold right at the asked price. The number of listings in Somerville, MA increased by 28.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $1,029,983, while the average time on the real estate market was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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