Active

19 George Street

Somerville MA, 02145

$2,285,000


$645.48 per sqft

Active

12 Beds

6 Baths

3,540 sqft

Multi-family

Built in 2023

Brand New Generational Multi Family asset on beautiful tree lined street bursting with Somerville Charm. This large 3 family has been gut renovated and rebuilt with high end condo quality finishes. Step right in and Generate enormous cashflow. . Already Boasting 12 bedrooms and 6 full bathrooms, there still room for future expansion by way of unfinished 1200 sq ft basement. A painstaking 2023/2024 complete renovation allows the new owner to walk into an hands free Asset Ready for healthy cashflow. Rare opportunity in an incredible Market with amazing stability and growth. Walking distance to dozens of cafe's restaurants and shops, as well as both the Orange & Green Line. Tenant's will enjoy central air, laundry in unit, and condo quality finishes allowing the homes to fetch top dollar rent. With apartments in the area renting at record prices, this presents the perfect opportunity to step right into positive cashflow in a premier investment market poised for appreciation

73234182

MLS ID

May 7, 2024

Listed

May 11, 2024

Updated

Map

19 George Street
Somerville MA, 02145

Interior Features

Total Stories

6


Bedrooms

12


Total Bathrooms

6


Full Bathrooms

6


Appliances

Dishwasher, Washer, Dryer, ENERGY STAR Qualified Washer


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.03 Acres


Sewer

Public Sewer

Other Property Details

Taxes

$10,710


Tax Frequency

Annually


Days on Market

4


Garage

No


Parking

Paved Drive


Parking Total

0


View

No


County

Middlesex


Water Source

Public


Pool

No


Zoning

RB


Buyer Agency Compensation

2.5%

 

Courtesy of Gregory McCarthy,

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Data last updated 8:37 AM UTC, 5/11/2024

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