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50 Oliver Street, Somerville, MA 02145

12 Bed, 4 Bath Multi-Family Home For Sale

50 Oliver Street, Somerville, MA 02145 House For Sale - MLS #72290768
Under Agreement
$1,800,000
12
4
Multi-Family
4 Family

Property Description for 50 Oliver Street, Somerville, MA 02145

Turnkey Investment Opportunity. All the work is done. All you have to do is collect the rent! Large four family with four parking spaces that has been recently remodeled. Improvements include updated kitchens and baths, thermal-pane windows, high ceilings and hardwood floors. There are good tenants in place here. All tenants are on leases until 8-31-18. Units are 3 and 3+ bedrooms and rents range from $2475 to $2700 with strong upside potential for next year! Units are currently being marketed next year at $2600 and $2700 per month by the Seller. At one time a previous owner included the basement space with the first floor apartments. Smart condo converters might want to pursue that possibility legally and add to the square footage! First showing at the open house this Sunday March 11th from 12:30-2, rain or shine, blizzard or noreaster! Located in red hot East Somerville within walking distance to: Union Square and future new T station and Assembly Row.

Interior Details

4,400 sq. ft.
$409.09/sq. ft.

Exterior Details

0.12 acres
5,275 sq. ft.
4

Other Details

72290768
1900

Units Description

Unit #1
Rooms: 5      Bedrooms: 3      Full / Half Baths: 1      Levels: 1      Floor: 1      Rent: $2,475      Lease: Yes
Rooms : Living Room; Kitchen
Appliances : Range; Dishwasher; Refrigerator
Interior Features : Cable TV Available; Hardwood Floors; High Speed Internet Hookup; Upgraded Cabinets; Upgraded Countertops; Remodeled
Heating : Hot Water Baseboard; Gas

Unit #2
Rooms: 6      Bedrooms: 3      Full / Half Baths: 1      Levels: 1      Floor: 2      Rent: $2,700      Lease: Yes
Rooms : Living Room; Kitchen
Appliances : Range; Dishwasher; Refrigerator
Interior Features : Cable TV Available; Hardwood Floors; High Speed Internet Hookup; Upgraded Cabinets; Upgraded Countertops; Remodeled
Heating : Hot Water Baseboard; Gas

Unit #3
Rooms: 6      Bedrooms: 3      Full / Half Baths: 1      Levels: 1      Floor: 2      Rent: $2,575      Lease: Yes
Rooms : Living Room; Kitchen
Appliances : Range; Dishwasher; Refrigerator
Interior Features : Cable TV Available; Hardwood Floors; Upgraded Cabinets; Upgraded Countertops; Remodeled
Heating : Hot Water Baseboard; Gas

Unit #4
Rooms: 5      Bedrooms: 3      Full / Half Baths: 1      Levels: 1      Floor: 1      Rent: $2,475      Lease: Yes
Rooms: Living Room; Kitchen
Appliances: Range; Dishwasher; Refrigerator
Interior Features: Cable TV Available; Hardwood Floors; High Speed Internet Hookup; Upgraded Countertops; Remodeled
Heating: Hot Water Baseboard; Gas

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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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