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ATTENTION...ATTENTION...a very rare opportunity, 10 units in solid shape, almost 9000 square feet of living space, 21 bedrooms, 10 bathrooms, 4 off road tandem parking spots. Somerville right off McGrath a great location and proximity to all that is Cambridge, Somerville and Boston. One of the hottest rental markets in the country, with property values rising, don't miss this chance. Seperate utilities, heat, water, electric, all rents underpriced, but are Tenants at will. 4 off road tandem parking spots between both buildings. 2 seperate deeds for the 2 properties. All tenants triple net, therefore all have seperate utilities, and pay electricity, heat, gas. Yearly rent $168,600.
Listed by Robert Downer of R.E.D. Development & Real Estate Group
Originally built in 1880 as four prominent attached row houses. Each comprising of one main floor commercial storefront and residential units above. Today, the historic charm of the building remains and is being sold as one investment. The property is comprised of 8 residential units and 4 commercial bays. One store is occupying the entire commercial space and will be vacating. The residential units above each commercial space are a one- level, 2 bed/1 bath and above that, a two-level, 4 bed/ 1 bath with an open floor plan. Many units have exposed brick and all have hard wood floors. All the residential units were updated approximately 20-25 years ago to include windows, new trim and doors, floors, walls and ceilings. At the same time, the electric service was updated to 200 amp service per unit and all electric baseboard heat with separate zones, providing separate utilities - except one unit that has gas heat and cooking. All units also have separate hot water heaters.
Listed by The LIV Group, Bill Scott, Denise Price and Tim McDonald of ePlace
Great Somerville location for rare development opportunity! 2 adjacent lots totaling 12,851 square feet in Kirkland Village close to Inman Square. 2 multi family homes currently on the lots. Neighborhood includes Whole Foods, Savenors,The Biscuit, and other great restaurants and shops in Inman Square. Easy walk to Harvard University, MIT, Cambridge Hospital and Harvard, Porter or Central T stops . Buyers to perform own due diligence. Sold in as-is condition.
Listed by Shane Marrion of Benoit Real Estate Group,LLC
Live and collect rent in Somerville!! 15 MINUTES TO HARVARD SQ! Owner Occupants, Investors & Builders take notice: STILL DEVELOPABLE, RB Zoned, expansive lot of 9,322 square feet provides opportunity to add add at least 1 more unit BY RIGHT. Certified Plot plan in hand. Excellent location near GLX, Harvard, Union and Porter Square.
Listed by Ted Billings of Leading Edge Real Estate
Owner says, Sell! Amazing Somerville location minutes to Harvard Square, Inman Square, Harvard University and MIT! Hard to find 18 room three family with front and rear porches, separate gas heat and utilities plus parking potential for up to 6+ cars! Many updates! High rental area and condo conversion potential make 70 Line Street a fantastic opportunity! 70 Line Street offers a unique Somerville experience with many shops, restaurants and taverns nearby. Easy access to Harvard Square, The Red Line & Boston! Take advantage of this special purchase and benefit from the increasing value of this highly sought after neighborhood on the Somerville/Cambridge Line! Check your map and see how close this is to Harvard Square!
Listed by Jeremy Nissenbaum of Nissenbaum, REALTORS?
The three-level building comprised of (3) 3-bedroom, 2-bath apartments grossing nearly 10k/month. Each apartment features large open layouts, modern kitchens, separate living and dining rooms, tile and hardwood floors, ample closet storage, outdoor space, and separately metered electric and gas responsible by the tenants. In addition, coin-op laundry available in the basement of the building for tenants. 207 Summer St is within walking distance of Porter Square and centrally located between the prestigious MIT, Harvard and Tufts University. The property allows easy access to Route I-93, McGrath Highway, and all of Boston. Buyers have the ability to acquire a rare, minimal management, fully occupied, cash-flowing asset in the heart of Somerville. The large 1400+ SF apartments offer the potential to convert back to 4-bedroom, 2-bath apartments resulting in 12 bedrooms and significant upside in the net income grossing nearly $130,000+.
Listed by Matthew Pierce of Marcus & Millichap Real Estate Investment Services
Union Square location.Multi use building consisting of two store front units,and 4 residential units.Newer separate heating systems in residential units. Hardwood floors,newer plumbing, rubber roof, enclosed front porches and rear porches,BB Zoning-Great opportunity to run your business and have an additional 4 residential units for added income.All apartments are 4 rooms-living room, dining room, eat-in-kitchen, bedroom and a full bathroom. Floor plan allows to easily make each a 2 bedroom apartment.Walk to Prospect Hill Park and Union Square.
Listed by John Buccelli and John Gearty of Berkshire Hathaway Home Services Verani Realty
Amazing Location!! Potential Cash Cow!! Oversized 3 Family with GARAGE PARKING with potential to expand. Perfect owner occupant, long term hold or exchange opportunity. Grab a HUGE piece of Somerville before the Green Line Extension comes to town! All Tenants are TAW and rents are well below market. Units have flexible layouts, high ceilings and hardwood floors. Basement provides a great opportunity for additional expansion of living space. Located on a gorgeous tree-lined one way street close to Winter Hill Brewing Company, Sarma and many more great restaurants and shops, as well as short distance to buses that bring you to Davis, Sullivan and Lechmere T stops!
Listed by Ted Billings and Fayth Kestenbaum of Leading Edge Real Estate
Grand and distinctive, this beautiful 1898 Victorian wood shingled home has a large inviting wrap around porch and sits on a lovely tree lined street in the prestigious neighborhood of Spring Hill. Full of architectural features and period detail, including oversized windows with original antique glass & stained glass, crown moldings, stunning original woodwork, elegant built-in china cabinets, pocket doors, built in bookcases, and coffered ceilings. This home boasts seven large bedrooms, an eat-in kitchen, library, dining and sitting room with fireplace. Additional bonus first floor side apartment. A wonderfully cared for large back yard with a perennial garden and several brick patios, perfect for outdoor enjoyment and entertaining. Truly one of Somerville's finest.
Listed by Shane Marrion of Benoit Real Estate Group,LLC
WOW! GUT REHABBED, SPRINKLERED 3 FAMILY! PERFECT FOR INVESTORS OR OWNER OCCUPANTS! Incredible and rare 3 family in prime location featuring beautiful gleaming hardwood floors throughout, high end fixtures and trim, modern tiled baths and recessed lighting throughout. Many windows and abundant natural sunlight, central A/C and potential for parking. All New Plumbing and electrical, HVAC. Full basement, all utilities separate, tenants pay. Tandem parking for $200/month. Gross annual rent is $117,360 with room for upside potential. Short distance to Assembly Row, Cambridge, downtown Boston and major transportation routes. Projected rents for 9/1/2018 higher. See attached proforma. Condo docs attached it is currently 3 Condominiums but can be turned back in to a 3 family at closing upon request..
Listed by Nicholas Spagnola, Adam Garcia and Louis Rubino of Spagnola Real Estate & Consulting, Inc.
***ULTRA RARE*** Extremely spacious and well cared for 3 Family home (5/5/5) with basement development potential just steps from the Bike Path, a short walk to both Davis Square and Tufts University + the Red Line with same owner for over 25+ years !!! Somerville/Cambridge Line! Tremendous opportunity for condo conversion or hold as rental property; a true must see. Vinyl covered exterior features a covered front porch and yard with rear decks on all units and there is a private backyard and detached garage. Long driveway has room for 2-3 cars not including the garage. Each unit has separate heating systems and water heaters and mostly newer windows. Laundry in basement included in sale; house sold as-is; Less than 7 minute walk to Davis Square. Rubber roof is less than 10 years old; Some appliances have been replaced;Prime location and large units. WWW.68CAMERON.COM Saturday 7/14 11AM-1PM and Sunday 7/15 11AM-1PM; Offers will be reviewed as received
Listed by Joshua Kellerman of Douglas Elliman Real Estate
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