Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

84-86-86R Cross St

Somerville, MA ID #73218290

Property Description

SIX TOTAL UNITS...EXTENSIVELY RENOVATED FOUR FAMILY AND TWO FAMILY PACKAGE IN PRISTINE CONDITION... UNDER HALF MILE TO NEW GREEN LINE AND JUST OVER HALF MILE TO ORANGE LINE. This Two Property Package INCLUDES SIX TOTAL UNITS IN A FOUR FAMILY AND TWO FAMILY ON SAME LOT. Four out of 6 units have been gut renovated to the studs with granite counter kitchens and new appliances. Updated roof, electric, hot water tanks and roof. Gross Monthly Rent is $13,300/ Gross Annual $159,600 (does not include 4 coin op washer & dryers). All unit utilities are separate. RENTS ARE SUBSTANTIALLY UNDER MARKET and rent roll can be increased significantly. Off street parking with TWO DRIVEWAYS. Perfect candidate for future condo conversion given extensive recent renovation to the property or a great 1031 Tax Deferred Exchange candidate. FANTASTIC LOCATION. Rated a Walker's Paradise Walk Score of 90. Rated a Rider's Paradise Transportation Score of 90 and a Very Bikeable Bike Score of 85l

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5-9 Family
  • Zip Code: 02145
  • Taxes: 16,818
  • Living Levels: 8
  • Acres: 0.14
  • Selling Broker Compensation: 2.125
  • Buying Broker Compensation: 2.125

Parking

  • Parking: Paved Drive, Off Street
  • Parking Spaces: 3

Rooms/Dimensions

  • Total Units: 6
  • Total Floors: 8
  • Total Rooms: 19

Location

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84-86-86R Cross St, Somerville, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of The Steve Bremis Team of Steve Bremis Realty Group. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.