84-86r Cross St
$2,322,000
8
Beds
6
Baths
4,661
Sqft
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$2,322,000
8
Beds
6
Baths
4,661
Living Area
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Property Description
Turnkey 6-unit investment package in booming East Somerville! This offering includes two buildings across two parcels: a 4-unit structure at 84-86 Cross Street and a detached 2-unit building at 86R Cross Street. This is a plug-and-play asset ideal for buy-and-hold investors. Two legal parcels open the door to condo conversion, value-add improvements, or redevelopment down the line. Updated units in well-maintained property. All 3 upper units have back decks! Patio space between the 2 buildings! 3 vehicle driveway parking, with the possibility of adding more parking! Centralized laundry room! Strategically located just blocks from the Green Line Extension, Assembly Row, and I-93, this is a high-demand rental area with low vacancy and strong appreciation. Rare to find this kind of scale and location at once, don’t miss it!
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Highlights
- Levels: 7
- Property Class: Residential Income
- Stories: 7
- Year Built: 1900
- Parking Spots: 3
- Property Type: 5-9 Family
- Total Rooms: 20
- Status: Active
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Additional Details
- Basement: Full
- Foundation: Slab
- SqFt Source: Other
- Year Built Details: Approximate
- Zoning: Nr
- Flooring: Wood
- Road Frontage Type: Public
- Total Number of Units: 6
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Highway Access, T-Station
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,648,400
- Compensation Based On: Gross/Full Sale Price
- Taxes: $17,984
- Buyer Agent Compensation: 2%
- Tax Year: 2024
- Total Rent: $14,950
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Listing information provided courtesy of Mr. Chaddles Real Estate.
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