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24 Walnut St, Somerville, MA 02143

6 Bed, 6 Bath Multi-Family Home For Sale

24 Walnut St, Somerville, MA 02143 House For Sale - MLS #72620915
$1,800,000
6
6
Multi-Family
5+ Family
6

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Property Description for 24 Walnut St, Somerville, MA 02143

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!

Interior Details

3,136 sq. ft.
$573.98/sq. ft.

Exterior Details

0.09 acres
3,895 sq. ft.

Other Details

72620915
1900

Units Description

Unit #1
Rooms: 2      Bedrooms: 1      Full / Half Baths: 1      Levels: 1      Floor: 1      Rent: $1,700      Lease: Yes

Unit #2
Rooms: 3      Bedrooms: 1      Full / Half Baths: 1      Levels: 1      Floor: 2      Rent: $1,600      Lease: Yes

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Monthly Mortgage Payments

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$11,387

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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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