63 Perkins Street

Somerville, MA

$1,500,000

Opportunity awaits! This classic triple decker has been family owned and occupied for the last 40 years, and is ready for its next owner to make it their own. Each unit boasts 3 beds/1 bath, formal dining rooms, and laundry/pantry areas off of the kitchens spanning 1,100+SF each, along with private porches and a rear patio. In the NR zoning district, you have the flexibility to explore various renovation plans to maximize your return and leverage the momentum of other gut renovations and new builds currently underway on adjacent streets - not to mention the potential expansion into the basement and a condo conversion play. Future buyers and renters will appreciate the proximity to a plethora of cafes, restaurants, grocery stores, retail shops, and even a movie theater, all within a mile on Broadway and at Assembly Row! Easy access to major bus routes, Orange and Green train lines, 93/Route 28 + 1, and Memorial Drive. Don’t miss this exceptional investment for a savvy buyer!

Property Details

9 Bedrooms

3 Bathrooms

4,092 SF

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Showing Information

Please join us for our Open House:

Friday, September 6th

5:00 PM - 6:30 PM

Saturday, September 7th

12:30 PM - 2:00 PM

Sunday, September 8th

10:00 AM - 11:30 AM

Sellers have requested no private showings. Please call/text Logan Jacobs (774.573.0941) with any questions.

Additional Information

  • 18 Rooms, 9 Bedrooms, 3 Bathrooms

  • Living Area: 4,092 Interior Square Feet

  • Lot Size: 2,772 SF

  • Year Built: 1890

Interior

  • Lot: 2,772 sf +/- (per public record)

  • 3 units (3 beds/1 bath on each floor)

  • Living Area: 4,092 sf +/- (per public record)

  • Unfinished Basement: 1,364 sf +/- (per public record)

  • Fenced outdoor space in the rear with pavers

Systems

  • Unit 1

    • Oil-fired Ducane Furnace, age 1998

    • Gas-fired Rheem Performance 40 Gal Hot Water Heater, age 2024

    • 100 Amps through circuit breakers

  • Unit 2

    • Oil-fired Hallmark Furnace, age 1998

    • Gas-fired Rheem Performance 40 Gal hot water heater, age 2018

    • 100 Amps through circuit breakers

  • Unit 3

    • Oil-fired Hallmark Furnace, age 1998

    • Gas-fired Rheem Performance 40 Gal hot water heater, age 2018

    • 100 Amps through circuit breakers

  • Windows: Vinyl replacement windows in Units 2 and 3. In Unit 1 the bedroom windows were the only ones replaced.

  • New water main, 2024

  • Exterior: Asphalt Shingle Siding

  • Roof: Rubber, age 2024

  • Foundation: Combination of stone and concrete block.

Additional Information

  • Taxes: $4,398.20/yr (FY 2024). The seller receives both a residential tax exemption and senior tax deferral. Somerville 2024 tax rate was $10.52. Buyers should plan accordingly.

  • Leases in Place: None of the units are rented. Units 1 and 2 are vacant. Unit 3 is owner occupied.

  • Parking: On-street permit parking

Disclosures

  • Property to be sold as-is. Buyers and their representatives responsible for their own due diligence and independent verification of the information provided.

  • Offers are due Monday, September 9th at 5:00 pm, made good for 24 hours.