$842,000
- 1 bd
- 1 ba
- 855 sqft
375 Canal St # 1109
Somerville, MA 02145
Attention Investors! Are you looking for cash flow? Do you need to do a 1031 Exchange? Look no further. Turnkey 5 unit multifamily in Somerville with all 5 units leased, grossing $10,100 per month in rent. This well-cared for property in Winter Hill near the future Green Line extension is a great one to add to your portfolio. Many updates, including newer heat & A/C systems, renovated kitchens and baths, fenced yard, income-generating coin-op laundry, and paved parking area with 3 side-by-side spaces. Units 3 & 4 underwent significant renovations within the last 4 years. Units 1,2,4 and 5 are leased through August 2021, and Unit 3 is leased through May 2021. Excellent tenants with perfect rent payment history. Unit floor plans and 2020 rental expense sheet available as attachments in MLS.