Price Reduced 2.54%

$2,875,000 ($539.40 per sqft)

Est. Mortgage $13,975/mo *

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13-19 Houghton St, Somerville, MA, 02143

13-19 Houghton St, Somerville, MA, 02143
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28 rooms

14 beds

8 Full baths

1910

5,330 sqft

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.

Status:

Active

Type:

Multi-family

Units:

6

Zoning:

UR

Basement:

Full

Levels:

7

Parking:

On Street

Acreage:

0.09

Est. Taxes:

$21,428

Assessment

$1,951,500

Lot Description:

Corner Lot

MLS #:

73510436

Community Info

School Info

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Listing courtesy of Paul Slavinski, Paul Slavinski 617-947-1000