$2,319,000
8
Beds
6
Baths
4,661
Living Area
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Property Description
Outstanding 6-unit investment opportunity in rapidly growing East Somerville! This rare two-building, two-parcel package at 84-86 & 86R Cross Street offers both immediate cash flow and long-term upside. The front building features four well-maintained units, while a separate two-unit structure in the rear adds versatility and value. All three upper-level units enjoy private back decks, and a shared patio creates inviting outdoor space between the buildings. A three-car driveway and potential for additional parking add even more utility. Updated interiors, a centralized laundry room, and separately metered units make for easy management. Whether you're seeking strong rental income, condo conversion potential, or a future redevelopment play, this property checks all the boxes. Just blocks from the Green Line Extension, Assembly Row, shops, restaurants, and I-93, this is a prime location with high tenant demand and strong appreciation!
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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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