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Updated 21 hours ago

Exceptional Porter Square Opportunity


12 Mossland St Somerville, MA

2 Bed
1 Bath

1,297 Sq. Ft.
2 Beds • 1 Bath
$3,300
1297 ft2
1 Available
Managed By: Barnwell Keagan LLC
Exceptional Porter Square Opportunity
$3,300
Available: Ask
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Amenities
In-unit Laundry
Air Conditioning
Garbage Disposal
Pool
Dishwasher
Views
Small Dogs Ok
Property details
Description

Rare opportunity at an exceptional price in a premier Porter Square location! This charming Mansard Victorian attached two-family home will be delivered vacant, offering an exciting opportunity for an owner-occupant, creative renovator, or investor-developer. Family-owned, the property presents tremendous potential, including the possibility of conversion to a single-family residence. Each unit offers three rooms and one bedroom, with eat-in kitchens and hardwood floors. The approximately 8-foot-high basement provides valuable additional space and excellent potential for future expansion or storage. Two enclosed units offer flexibility for renovation and customization. The property is being sold as-is and is in need of significant modernization, the home currently has one heating system and one electric meter and does not have a driveway. Permitted on-street parking is available.

With a Walk Score of 97, Bike Score of 96, and excellent transit access, everyday conveniences, restaurants, shops, and public transportation are all close at hand. The property is less than 1.5 miles from Harvard University, less than a quarter-mile from the Red Line, and under a mile from the Green Line. With its historic Victorian character, vacant delivery, expansion possibilities, and unbeatable Porter Square location, this property offers a rare chance to transform a long-held family home into something truly special

Additional Details
Contact Name: Jim Patterson
Total Unit Count: 1
Last Updated: Updated 21 hours ago
Contact Number: (617) 798-5770
Property manager information
Barnwell Keagan LLC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Exceptional Porter Square Opportunity by bedroom type below.
2 Bedroom
Suggested income:
$118,800
per year
Rent report

Exceptional Porter Square Opportunity Rent vs. Somerville Average

 Exceptional Porter Square Opportunity      Somerville Average
2BR
$3,300
$3,244
$0
$1,100
$2,200
$3,300
$4,400

Exceptional Porter Square Opportunity is asking 2% more than the average 2 bedroom apartment in Somerville.

If you upsized to an average priced Somerville 3 bedroom apartment, you would pay 21% more per month.

If you downsized to an average priced Somerville 1 bedroom apartment, you would pay 9% less per month.

Exceptional Porter Square Opportunity provides 18% more square footage than the average Somerville 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Exceptional Porter Square Opportunity
2BR $3,300 $2.50 $9,900
Somerville Average
Studio $2,828 $5.40 $8,485
1BR $2,978 $4.40 $8,935
2BR $3,244 $2.90 $9,732
3BR $4,106 $3.40 $12,317
4BR $4,777 $3.50 $14,330

Availability in Somerville

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 66 2BR units on the market in Somerville. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
12% 27% 31% 17% 11%
Available Units in Somerville
Studio 26
1BR 59
2BR 66
3BR 36
4BR 23
Location
Nearby Colleges
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months.
What's the square footage of the available units?
It's 1,297 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
Where is this property located?
This property is at 12 Mossland St in Somerville, MA. It's 1.4 miles west from the center of Somerville.
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