GO TO » Description Similar Properties
$1,675,000
Multi-family - 4 Units
3,616 sqft
235-237 Holland Street #
Somerville, 02144
Rare opportunity to purchase a four unit income property in the Davis/Teele Square location! This mixed use property contains two popular restaurants on the first level paying $4800/month combined rent, leases in place and certainly room for further income growth. Previous office space on the second floor has been transformed into two nice 2-3BD apartments with their own private entrances paying $5050 combined rent . These newly renovated units offer new granite counters, white cabinets and stainless appliances in the kitchens, hardwood floors, new electric service connection and heat. Washer/dryers for each unit located at apt level. The properties condition and location make this opportunity a winner for the investor that is looking to purchase a solid income stream with minimum risk. Close proximity to Tufts University, popular Teele and Davis Square shops and restaurants as well as the Red Line T station make this property easy to rent with little vacancy to project.
| MLS ID: | 71939226 |
|---|---|
| Annual Tax: | $17,033 |
| Assessments: | $827,800 |
| Year Built: | 1900 |
| Amenities: | Public Transportation,Shopping,Park,Walk/Jog Trails,Bike Path,Public School,University |
| Days on market: | 3070 |
| Basement: | Full,Partially Finished,Concrete Floor |
| Construction: | Frame |
| Energy Features: | Insulated Windows |
| Exterior Features: | Fenced Yard |
Unit information
| Unit 1 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unit Floor: | 1 | Living Levels: | 1 | Rooms: | 2 | Bedrooms: | 0 | Bathrooms: | 0 full / 1 half | Rent: | 2700 | Lease: | Y |
| Rooms Description: | Dining Room,Kitchen | ||||||||||||
| Unit 2 | |||||||||||||
| Unit Floor: | 1 | Living Levels: | 1 | Rooms: | 2 | Bedrooms: | 0 | Bathrooms: | 0 full / 1 half | Rent: | 2100 | Lease: | Y |
| Rooms Description: | Dining Room,Kitchen | ||||||||||||
| Unit 3 | |||||||||||||
| Unit Floor: | 2 | Living Levels: | 1 | Rooms: | 5 | Bedrooms: | 2 | Bathrooms: | 1 full / 0 half | Rent: | 2600 | Lease: | Y |
| Rooms Description: | Living Room,Kitchen | ||||||||||||
| Interior Features: | Cable TV Available,Upgraded Cabinets,Upgraded Countertops,Wood Flooring,Remodeled | ||||||||||||
| Appliances: | Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer | ||||||||||||
| Rent Includes: | None | ||||||||||||
| Unit 4 | |||||||||||||
| Unit Floor: | 2 | Living Levels: | 1 | Rooms: | 5 | Bedrooms: | 2 | Bathrooms: | 1 full / 0 half | Rent: | 2450 | Lease: | Y |
| Rooms Description: | Living Room,Kitchen | ||||||||||||
| Interior Features: | Cable TV Available,Hardwood Floors,Upgraded Cabinets,Upgraded Countertops,Remodeled | ||||||||||||
| Appliances: | Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer | ||||||||||||
Similar Properties
| # | id | type | br/bth | status | price | sq ft |
|---|---|---|---|---|---|---|
| 1 | 72609163 | Multi-family | 3 Units | Price Changed | $1,650,000 | 4,219 |
| 2 | 72124391 | Multi-family | 2 Units | Price Changed | $1,495,000 | 3,427 |