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13-19 Houghton St
Somerville, MA 02143

$2,875,000

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Listing Details

  • $2,875,000
  • MLS# 73510436
  • Type Multi Unit - Multiple
  • Status Pending
  • 14
    Bedrooms
  • 8 full
    Bathrooms
  • 5,330
    Square Feet
  • 0.094 acres
    Lot Size
  • 1910
    Year Built

Listed By

Agency Name: Charles Associates Real Estate LLC
Agent Name: Paul Slavinski
Agency Phone: 617-947-1000

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


Description

Great 6 unit rental property steps from Inman Square yielding a 6% CAP RATE. NET ANNUAL INCOME = $175,740. Leases expire 8/31/27. Consists of FOUR 2-Bedroom units and TWO 3-Bedroom (2 bath) units. 2-Bed RENTS = $3,050 + $3,150 + $3,050 + $2,925. 3 Bed 2 Bath RENT = $3,450. 3 Bed 1 Bath RENT = $3,350. Basement has high ceilings (architectural drawings available for adding units on basement level.) INCOME AND EXPENSE breakdown per request.

Features

  • 7.0 Stories
  • $21,428 Taxes
  • Public
  • Built in 1910

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