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50 Oliver Street, Somerville, Massachusetts

$1,800,00012 Beds4 Baths

50 Oliver Street, Somerville, Massachusetts 02145
- MLS® ID: 72290768

Property Details

50 Oliver Street, Somerville, Massachusetts 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.

Amenities

  • Zip02145
  • CountyMiddlesex
  • SQFT4400
  • Bedrooms12
  • Full baths4
  • StatusActive
  • Property typeMulti-Family
  • Tax amount$9,800.12
  • Tax year2018
  • MLS® ID72290768

Listing Courtesy of John Schwagerl & Scott Twadelle~RCG Properties

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“We so appreciate all that you did for us. We know it’s your job, but you made us feel so special, and you shine in your profession! -S.H., Seller”

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