Well-located 4-unit multifamily in East Somerville with a desirable mix of (2) 2-bed/1-bath and (2) 4-bed/1-bath units. Three of the four units are currently tenant-at-will, providing near-term flexibility. With straightforward cosmetic updates, pro forma rents indicate solid upside potential and improved cash flow. The property includes at least six off-street parking spaces, offering optional additional income. Each unit has separately metered water, and the landlord pays no utilities, keeping operating expenses predictable. Strong East Somerville location with consistent rental demand and long-term appreciation—a solid opportunity for investors or owner-occupants.Please email for financials
19-21 Everett Ave, Somerville, MA, 02145
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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