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88 Gilman St, Somerville, MA 02145

11 Bed, 6 Bath Multi-Family Home For Sale

88 Gilman St, Somerville, MA 02145 House For Sale - MLS #72147877
Off the Market
$1,850,000
11
6
Multi-Family
3 Family

Property Description for 88 Gilman St, Somerville, MA 02145

HUGE SOMERVILLE 3 FAMILY, GUT REHABBED, FULLY OCCUPIED AND FULLY PRE-LEASED THROUGH 8/31/18! WOW! Perfect for buy and hold investors and condo conversion! This HUGE 3 family offers (1) 3 bedroom 2 bathroom unit and (2) 4 bedroom 2 bathroom units, fully rehabbed last year! All New Plumbing and Electric, HVAC, central AC, new Roof, windows, new siding and sprinklered throughout! Each unit features super high end finishes throughout, gleaming oak hardwood floors, a Beautiful Kitchen with Granite Counters, Stainless Steel Appliances, Crown Molding and Recessed Lighting throughout! Currently rented through 8/31/17 and Grossing $118,320 annually! In September Unit #2 and #3 are rented for 9/1/17 for $4000 each. Huge rents with major upside potential! Prime location! Greenline Extension now approved. Train stop will be very close by. Do not miss!

Interior Details

3,918 sq. ft.
$472.18/sq. ft.

Exterior Details

0.06 acres
2,760 sq. ft.

Other Details

72147877
1900

Units Description

Unit #1
Rooms: 5      Bedrooms: 3      Full / Half Baths: 2      Levels: 1      Floor: 1      Rent: $2,975      Lease: Yes

Unit #2
Rooms: 6      Bedrooms: 4      Full / Half Baths: 2      Levels: 1      Floor: 2      Rent: $3,700      Lease: Yes

Unit #3
Rooms: 6      Bedrooms: 4      Full / Half Baths: 2      Levels: 1      Floor: 3      Rent: $3,500      Lease: Yes

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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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