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Incredible value priced to sell in A+ Somerville location with easy access to the new Green Line station. Rarely available mixed-use building with both strong retail AND spacious residential units in this PRIME corner location near Magoun Square and the Green Line extension. Great corner visibility and signage. Both ground-level retail spaces are leased through 2026. Above, find two full-floor 4+ bedroom apartments with living room, eat-in kitchen, pantry and a large home office/potential bedroom. These residential units offer beautiful detail, hardwood flooring and an ideal layout. The new Gilman Square Green Line station will offer easy access to Boston, or stay in town and visit some of Somerville's best restaurants, shopping and more. Priced for immediate sale with over $100,000 of gross income in place with the potential for future rent increases on both the retail AND residential units.

MLS Listing ID: 73038816
Listing Price: $1,595,000
Listing Status: Active [?]
Property Type: Multi Family
Bedrooms: 8
Full Baths: 2
Half Baths: 1
Living Space: 5316 sf.
Lot Size: 0.06 acres (2800 sf.)
Parking: -
Taxes: $23,003.62
Tax Year: 2022

Listing Current as of September 29, 2022 12:00am

This listing brought to you by Todd Glaskin of Coldwell Banker Realty - Newton.

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