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
Property Details
Price:
$2,285,000
MLS #:
73234182
Status:
Active
Beds:
12
Baths:
6
Address:
19 George Street
Type:
Multi Family
Subtype:
3 Family
City:
Somerville
Listed Date:
May 7, 2024
State:
MA
Finished Sq Ft:
3,540
ZIP:
02145
Lot Size:
1,316 sqft / 0.03 acres (approx)
Year Built:
2023
Units:
3
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Dishwasher, Washer, Dryer, E N E R G Y S T A R Qualified Washer
Bathrooms
6 Full Bathrooms
Cooling
Central Air
Heating
Central
Exterior
Parking Features
Paved Drive
Financial
Buyer Agent Compensation
2.5%
Tax Year
2023
Taxes
$10,710
Map
Community
- Address19 George Street Somerville MA
- CitySomerville
- CountyMiddlesex
- Zip Code02145
Similar Listings Nearby
- 18 Grove St
Boston, MA$2,895,999
1.83 miles away
- 102 Revere Street
Boston, MA$2,800,000
1.88 miles away
- 84-86-86R Cross St
Somerville, MA$2,779,900
0.41 miles away
- 640 Mystic Ave
Somerville, MA$2,750,900
1.20 miles away
- 3-7 Jerusalem Pl
Boston, MA$2,590,000
1.90 miles away
- 26 Pearl Street
Somerville, MA$2,500,000
0.16 miles away
- 144 Spring St
Cambridge, MA$2,350,000
1.15 miles away
- 39-41 Bonner Ave
Medford, MA$2,300,000
1.83 miles away
- 23 Harris St
Boston, MA$2,300,000
1.99 miles away
Courtesy of Riverfront REALTORS®. 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.
19 George Street
Somerville, MA
LIGHTBOX-IMAGES