Unit Information
A very unique investment opportunity in the heart of Somerville! Estimate 7-8 % cap rate with market value rentals approx $150,000.00 per year.This mixed-use property on Pearl Street and 18 Flint Ave boasts 3 spacious residential units and 1 commercial unit, offering diverse income streams. Located in an up-and-coming area, it’s perfect for investors looking to capitalize on the potential for both fix-and-flip and long-term strategy. Situated on bustling Pearl Street in Somerville, the property is surrounded by new developments, trendy shops, and eateries, enhancing its appeal. Whether you're looking to renovate and sell for a profit or hold for consistent rental income, this property offers flexible investment opportunities. Don't miss out on this rare find in a rapidly developing area. Secure your foothold in Somerville's thriving real estate market today! Group Showing schedule for next week. Group Showing Friday 4:00-5:30 - Saturday 1:00-2:30.
- Additional Details
- Status: ACT
- Type: Multi-Family, 4 Family
- Zip Code: 02145
- Living Levels: 3
- Parking
- Garage: 2
- Garage Capacity: 2
- Parking: Paved Drive, Paved
- Parking Spaces: 6
- Rooms and Dimensions
- Total Units: 4
- Total Floors: 3
- Total Rooms: 18
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$1,999,999
- Listing ID: 73270853
- Bedrooms: 9
- Full Baths: 4
- Living Area: 3,115 sqft Convert
- Lot Size: 4,550 sqft Convert
- Acres: 0.1
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Luxury Residential Group
(617) 233-5800
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