Address
19 George Street, Somerville, MA
Price
$ 2,285,000
Property Attributes
- MLS#73234182
- TypeMulti-Family
- CountyMIDDLESEX
- CitySomerville
- Zip02145
- Style3 Family
- Year Built2023
- Taxes$ 10710
- Price$ 2,285,000
- Bedrooms12
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage3540
- Lot Size1,307 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
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
| Price History | |
|---|---|
| 5/7/2024 | Listed $2,285,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Appliances | Dishwasher,Washer,Dryer,ENERGY STAR Qualified Washer |
| Zoning | RB |
| Year Built | 2023 |
| Property SubType | 3 Family |
| Tax Year | 2023 |
| County | Middlesex |
| Property Type | Residential Income |
| Garage Y/N | No |
| Total Rooms | 18 |
| Status | Active |
| Directions | Broadway to George |
| City | Somerville |
| Disclosures | Broker has financial interest in property |
| Senior Community Y/N | No |
| Total Units | 3 |
| Lot Size Square Feet | 1316 |
| Waterfront Y/N | No |
| Street Name | George Street |
| Year Built Details | Actual |
| Tax Annual Amount | 10710 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 1035800 |
| Compensation Based On | Gross/Full Sale Price |
| Sub-Agency Relationship Offered | Yes |
Interior Features
| Basement | Walk-Out Access,Unfinished |
|---|---|
| Total Stories | 6 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 6 |
| Total Bedrooms | 12 |
| Total Baths | 6 |
Exterior Features
| Parking Features | Paved Drive |
|---|---|
| Water Source | Public |
| Lot Size Area | 0.03 |
| Foundation Details | Other |
| Spa | No |
| Building Area Total | 3540 |
| Lot Size Acres | 0.03 |
| Lot Size Units | Acres |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 02145
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - 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
