$1,420,000
8
Beds
2/2
Baths
5,318
Living Area
-
Property Description
Unmatched Investment Opportunity in Somerville! Seize the chance to own this exceptional mixed-use building just a few blocks from the Gilman Square Green Line station! This prime corner property offers outstanding visibility and signage, featuring two retail spaces leased through 2026, ensuring immediate income stability. Above, discover two spacious 4+ bedroom apartments that highlight beautiful hardwood flooring, generous living areas, and modern layouts. With an impressive annual income of 124.8K this property not only provides solid returns but also boasts huge upside potential for future rent increases. Located in the thriving Winter Hill section, you’re close to Assembly Row and have seamless highway access to downtown Boston. Surrounded by vibrant restaurants, shops, and local amenities, this rare opportunity won’t last long—act now to secure your investment in this desirable neighborhood!
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Highlights
- Levels: 4
- Property Type: 4 Family
- Total Rooms: 18
- Status: Closed
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
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Additional Details
- Basement: Full
- Exterior Features: Other
- Foundation: Other
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Mixed use
- Construction: Frame
- Flooring: Wood
- Lot Features: Other
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
- Parking Features: Other
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Utilities
- Electric: 110 Volts, Other (See Remarks)
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $1,418,300
- Total Rent: $10,550
- Tax Year: 2024
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