2,825,000

House for sale Somerville

Overview

SUMMARY: Discover an opportunity with this Somerville house for sale and available for 2,825,000. This could be your next ideal home or a smart investment. More details await.
Great 6 unit rental property steps from Inman Square yielding a 6% CAP RATE. NET ANNUAL INCOME = $175,740. Leases expire 8/31/27. Consists of FOUR 2-Bedroom units and TWO 3-Bedroom (2 bath) units. 2-Bed RENTS = $3,050 + $3,150 + $3,050 + $2,925. 3 Bed 2 Bath RENT = $3,450. 3 Bed 1 Bath RENT = $3,350. Basement has high ceilings (architectural drawings available for adding units on basement level.) INCOME AND EXPENSE breakdown per request.
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Details

  • Beds: 14
  • Baths: 8
  • Price: 2,825,000
  • Reference No.: 95630416
  • Area: 5,330 sqft

Location

Marketed by:

  • Paul Slavinski
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