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89-95 Munroe St, Somerville, MA 02143

9 Bed, 6 Bath Multi-Family Home For Sale

89-95 Munroe St, Somerville, MA 02143 House For Sale - MLS #72631335
Under Agreement
$2,700,000
9
6
Multi-Family
5+ Family
6

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Property Description for 89-95 Munroe St, Somerville, MA 02143

Massive 6 family on Prospect Hill in Union Square, one of the fastest growing neighborhoods around. This rare to market multi family consists of six 2 bedroom apartments on 3 floors. The property is conveniently located just two blocks 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 income approaches $150,000 with significant value add opportunity. Open houses Friday 3/13, Saturday 3/14 and Sunday 3/15 from 11.30-1. Offers are due by Tuesday 3/17 at noon.

Interior Details

5,097 sq. ft.
$529.72/sq. ft.

Exterior Details

0.13 acres
5,455 sq. ft.

Other Details

72631335
1905

Units Description

Unit #1
Rooms: 4      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 1      Rent: $1,625      Lease: Yes

Unit #2
Rooms: 4      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 3      Rent: $2,450      Lease: Yes

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(20%)

Monthly Mortgage Payments

$12,264
$17,081

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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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