Description
Attention Investors! Are you looking for cash flow? Do you need to do a 1031 Exchange? Look no further. Turnkey 5 unit multifamily in Somerville with all 5 units leased, grossing $10,100 per month in rent. This well-cared for property in Winter Hill near the future Green Line extension is a great one to add to your portfolio. Many updates, including newer heat & A/C systems, renovated kitchens and baths, fenced yard, income-generating coin-op laundry, and paved parking area with 3 side-by-side spaces. Units 3 & 4 underwent significant renovations within the last 4 years. Units 1,2,4 and 5 are leased through August 2021, and Unit 3 is leased through May 2021. Excellent tenants with perfect rent payment history. Unit floor plans and 2020 rental expense sheet available as attachments in MLS. Detailed P&L available upon request.
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7BEDS
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0.11ACRES
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5BATHS
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01/2 BATHS
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3,072SQFT
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$602$/SQFT
School Ratings & Info
Description
Attention Investors! Are you looking for cash flow? Do you need to do a 1031 Exchange? Look no further. Turnkey 5 unit multifamily in Somerville with all 5 units leased, grossing $10,100 per month in rent. This well-cared for property in Winter Hill near the future Green Line extension is a great one to add to your portfolio. Many updates, including newer heat & A/C systems, renovated kitchens and baths, fenced yard, income-generating coin-op laundry, and paved parking area with 3 side-by-side spaces. Units 3 & 4 underwent significant renovations within the last 4 years. Units 1,2,4 and 5 are leased through August 2021, and Unit 3 is leased through May 2021. Excellent tenants with perfect rent payment history. Unit floor plans and 2020 rental expense sheet available as attachments in MLS. Detailed P&L available upon request.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-03-05T00:07:09.477.