$2,285,000 ($645.48 per sqft)

Est. Mortgage $11,856/mo *

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19 George Street, Somerville, MA, 02145

19 George Street, Somerville, MA, 02145

18 rooms

12 beds

6 Full baths

2023

3,540 sqft

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


Status:

Active

Type:

Multi-family

Units:

3

Zoning:

RB

Heating:

Central

Cooling:

Central Air

Basement:

Walk-Out Access, Unfinished

Levels:

6

Parking:

Paved Drive

Acreage:

0.03

Est. Taxes:

$10,710

Assessment

$1,035,800

Appliances:

Dishwasher, Washer, Dryer, ENERGY STAR Qualified Washer

MLS #:

73234182

Buyer Agent Compensation:

2.5

Sub Agent Compensation:

1

Facilitator Compensation:

1

Compensation Based On:

Gross/Full Sale Price

Sub-Agency Relationship Offered:

Yes


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Gregory Mccarthy, Riverfront REALTORS®