Description
Introducing a fully renovated and stabilized massive 6-unit building in the extremely desirable Winter Hill neighborhood of Somerville! This 8,060 sq foot building is nestled on a tree-lined one-way street and is directly across from the new Gilman Square green line stop and has a gross rent roll of $20,400 per month! The building has undergone extensive renovations including kitchen/bath/laundry work and plumbing/electric improvements in each unit (’21-’23), a new roof (’23), fully re-built rear decks (’24), and more (see full capex and rent roll list). Each unit is a 3 bed/1 bath unit with huge rooms and high ceilings that feel very spacious and leases are in place throughout. Split utilities, a driveway, and a nice fenced in yard round out the offering. Great opportunity for investors to acquire an incredible asset close to the all the development around Winter Hill, Assembly, and Union Square in Somerville!
Location
Similar Listings
2 Beds
3 Baths
2,212 Sq ft
$4,650,000
MLS# 73145868
PENDING
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