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127 Elm St, Somerville, MA 02144

9 Bed, 4 Bath Multi-Family Home For Sale

127 Elm St, Somerville, MA 02144 House For Sale - MLS #72421268
Under Agreement
$1,350,000
9
4
Multi-Family
2 Family

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Property Description for 127 Elm St, Somerville, MA 02144

There are lots of possibilities with this large 2 family home located just outside of Porter Square. Located in a frequently trafficed location this home would be great for a buy and hold "cash cow" or a business home office. This front entrance multi family home features a large entry way, spacious rooms, hard wood floors, high ceilings, built in hutches, ornamental fireplaces, large eat in kitchens, plus a second bonus bath for each unit. Improvements include newer heating, newer hot water tanks, and updated electric. Rents are substantial with a gross rental cash flow of over $8900 per month and leases good until 8/31/19. Grp Shows Sat11/10 12:30-2pm, & T11/13 and Th11/15 at 6pm. Offers due by F11/16 noon w/a M11/19 6pm exp

Interior Details

3,496 sq. ft.
$386.16/sq. ft.

Exterior Details

0.10 acres
4,250 sq. ft.

Other Details

72421268
1900

Units Description

Unit #1
Rooms: 6      Bedrooms: 4      Full / Half Baths: 2      Fireplaces: 1      Levels: 1      Floor: 1      Rent: $4,154      Lease: Yes
Rooms : Living Room; Kitchen; Other (See Remarks)
Appliances : Range; Refrigerator
Interior Features : Hardwood Floors
Heating : Forced Air; Gas

Unit #2
Rooms: 8      Bedrooms: 5      Full / Half Baths: 2      Fireplaces: 1      Levels: 2      Floor: 2      Rent: $4,755      Lease: Yes
Rooms : Living Room; Kitchen
Appliances : Range; Refrigerator
Interior Features : Pantry; Balcony/Deck; Wood Flooring
Heating : Forced Air; Gas

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Monthly Mortgage Payments

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$8,541

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Town Description

The City of Somerville is an urban industrial city in the Mystic Valley on the Boston transportation corridor to the northwest. It occupies about 4.1 square miles along the divide between the lower...

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