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  • Address Undisclosed, Somerville, MA 02144
  • $1,250,000
  • 9 BedroomBedrooms
  • 3.5 BathroomBathrooms
  • 1 Half BathroomHalf Bathrooms
  • 3,475 Sqft
  • Sold On 1/3/2017

Address Undisclosed, Somerville, MA 02144

  • Open House
  • New Listing


  • 9 BedroomBedrooms
  • 3.5 BathroomBathrooms
  • 3,475 Sqft
  • Multi Family
  • Sold
  • MLS# 72079403
  • Sold On 1/3/2017
0 More Schedule
  • Price Reduced

Property Information Address Undisclosed

  • MLS72079403
  • Zip Code02144
  • TypeMulti Family
  • Bedrooms9
  • Bathrooms3.5
  • Sq. Ft.3, 475.00
  • Fireplaces0
  • Parking Off-Street, Paved Driveway
  • Parking2
  • Garage Space0
  • SewerCity/Town Sewer
  • Year Built1900
  • Acreage0.0900
  • Estimated Taxes$10, 876
New rare to find fully leased 2 family in coveted Teele Sq. Minutes from the hip Davis Sq & Tufts, also near the up & coming Green Line T stop, bars & excellent culinary cuisines like True Bistro, Istanbullu, Sabur, Rudy's Café & Guru. Excellent rental location & long term upside potential. All units leased until Aug 31, 2017 with 7% escalation clauses if renewed for 2018. Strong credited tenants, turnkey property, positive cash flow from Day 1. Units are in renovated condition with the potential to upgrade even further & increase income with small improv. HW floors & utilities individually metered, spacious rooms, Maintenance free Vinyl Siding, tandem driveway w/ addl 125/mo & Laundry 55/mo income, coin-op laundry in basement. Large Fenced in yard, Front & Back decks off units. Due to low inventory & coveted area this property will not last. See attached Flr Plan. Open House Thur 10/13 (1p-2:30pm), Sun 10/16 (1-2:30pm), Wed 10/19 (5p-6p). Only showings @ OH, bids due Thur 10/20 @ Noon

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Listing courtesy of: Tony Madan, Boston Investments