$2,300,000 ($486.77 per sqft)

Est. Mortgage $11,032/mo *

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422 Mcgrath Highway, Somerville, MA, 02143

422 Mcgrath Highway, Somerville, MA, 02143
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20 rooms

14 beds

8 Full baths

1920

4,725 sqft

Exceptional investment opportunity in Somerville’s highly desirable Prospect Hill neighborhood. This well-maintained 4-unit multifamily property features (2) spacious 3-bedroom, 2-bath units and (2) 4-bedroom, 2-bath units, each offering private direct-entry access for a townhouse-style living experience. Originally gut renovated in 2016, the property includes modern finishes, central air conditioning, in-unit laundry, separately metered utilities, and rear outdoor space. Tenants pay their own gas and electric expenses, minimizing owner operating costs. The asset has been professionally maintained and offers upside potential through future rent growth. Ideally located with convenient access to Cambridge, Boston, Assembly Row, Union Square, Kendall Square, major employers, universities, public transportation, shopping, dining, and entertainment. A turnkey multifamily asset in one of Greater Boston’s strongest rental markets.

Status:

Active

Type:

Multi-family

Units:

4

Zoning:

UR

Basement:

Full

Levels:

4

Acreage:

0.13

Est. Taxes:

$16,755

Assessment

$1,526,000

Construction

Frame

Lot Description:

Other

Amenities:

Public Transportation

MLS #:

73539496

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Tom Egbers, Northeast Private Client Group, LLC 857-990-6800