24 Walnut St, Somerville, MA 02143

$1,800,000
6
BD
6
BA
3,136
SqFt
Sold Price
$1,800,000
List Price
$1,800,000
Status
SOLD
MLS#
72620915
Bedrooms
6
Bathrooms
6
Full Baths
6
Living Area
3,136
Lot Size (Acres)
0.09
Year Built
1900

Property Description

Approachable Somerville 6 family at 300K/unit near Union Sq and Prospect Hill, one of the hottest neighborhoods around. This rare to market 6 unit property consists of three 2 room studios and three 1 one bedroom apartments. Conveniently located just one block from bustling Union Square which will soon be home to the new Green Line extension. The neighborhood boasts many great shops and restaurants including the recently established Bow Market. The Union Square Redevelopment has steadily added to the upward trajectory that Union Square has been experiencing and is poised to add 2.4 million sqft of office, retail and lab space. All apartments have leases in place ending on varying dates in the summer of 2020. Annual gross rents exceed $110,000 with significant value add opportunity. Roof replaced 2007, boiler 2012 & hot water 2019. Don't miss this fantastic opportunity!

Additional Information

Taxes
$11,695
Lot Description
Corner Lot
Water
Public
Sewer
Public Sewer

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Listing courtesy of Listing Agent: Adam Umina from Listing Office: Metro Realty Corp..

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