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$6,495,000
Est. payment /mo
21 Beds
16 Baths
10,711 SqFt
UPDATED:
01/22/2025 02:15 PM
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,711 sqft
Price per Sqft $606
MLS Listing ID 73327435
Bedrooms 21
Full Baths 16
Year Built 2024
Annual Tax Amount $30,000
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Introducing a brand-new Construction 9-unit multifamily ELEVATOR building by Somerville's premier developer, featuring Victorian-inspired architecture and modern craftsmanship. The building includes a mix of two 1-bedroom, two 2-bedroom, and five 3-bedroom units, ideal for rental investment. Additionally, there are 6 garage parking spots, providing secure and convenient parking for residents. With a projected rent roll of $36,000 per month, this property offers strong rental income potential. Residents will also enjoy the beautiful common areas, including a brick patio and a bike rack. The property is a 10-minute walk to the Gilman Station T stop. Rental and condo resale proformas are available upon request. Reach out for your tour today! CALL FOR OFFERS 1/31/25 -12PM
Location
State MA
County Middlesex
Zoning 1
Direction Google Maps
Exterior
Garage Spaces 6.0
Total Parking Spaces 6
Garage Yes
Building
Lot Description Wooded
Story 4
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Fortune RE
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Jim Armstrong
Team Leader/Broker Associate | License ID: 9074205
Team Leader/Broker Associate License ID: 9074205