Inquiry Submitted

Inquire about this listing:
For a faster response you can also call us at 617-267-3485

Cash Cow Opportunity! Rare 12+ unit, 3-family in Somerville with stable rental income history and even greater potential. Primarily located at Winter Hill neighborhood and a WalkScore 88, it is just minutes to the new Green Line station, many bus-stops, schools, Somerville Bike Path and many shopping areas. Great outdoor space with both front and back decks. Separated utilities with two 10-year gas heating system with 86% efficiency and one oil system and three newer water heaters. 10-year rubber roof and 11 years commercial aluminum windows. 7-feet height front walk out basement is higher than the street and has a potential to be an office space. Plenty storage spaces in the basement and laundry is readily installed. Flexible to various owner/rental settings and easy to rent out due to attractive location. City permits to add two 3/4 bathes in each unit. Many new potentials (include 1031 Exchange) for the future investors to extend its long history of stable rental income.

MLS Listing ID: 73037594
Listing Price: $1,599,000
Listing Status: Active [?]
Property Type: Multi Family
Bedrooms: 15
Full Baths: 3
Living Space: 4665 sf.
Lot Size: 0.07 acres (3203 sf.)
Parking: Yes
Taxes: $12,517.00
Tax Year: 2022

Listing Current as of December 10, 2022 12:00am

This listing brought to you by Weidong Li of WINN Real Estate & Consulting.

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.

A&S Realty, Inc and their agents make no warranties or representations as to the accuracy of this data, although good faith efforts have been made to ensure that the data displayed on this page is as accurate as possible. In certain cases listings are syndicated through another agency, management company, or through the MLS. A&S Realty, Inc is not responsible for the data that is displayed from a syndicate partner. Listings may no longer be available, pricing may be subject to change, and any photos or descriptions may be of a similar unit or from a previous year.