Description
Large Two Family with a bonus unit renovated 3 years ago spread over 3 floors located near to downtown Somerville and train station. A great investment opportunity to create an additional unit on the 3rd floor for additional income and install a driveway at the rear of the property. Each unit has 3 bedrooms, and the bonus 3rd unit can be a potential 1 or 2 bedroom unit. Stainless steel appliances, hardwood floors, spacious garden, basement and external areas. Why rent when you can buy using a low down payment mortgage. A great income producing property both tenants are on a month to month leases - unit 1 $2000 & unit 2 $2300. Perfect for an investor or an owner occupier that would like a tenant to contribute towards their mortgage. One or both unit can be delivered vacant at closing as unit 1 expressed a desire to vacate and unit 2 can be delivered vacant at closing for strong offers over listing price. Perfect opportunity to live in one unit and rent the other! The seller would be willing to provide sellers concession for strong offers over the list price to help with financing to buy down the interest rate or to reduce the amount of down payment and closing costs. We will only accept offers from direct end buyers no wholesalers please. This opportunity will not last for long. Located within minutes of downtown Somerville, and all major highways - location is a commuter's dream to NYC!
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6BEDS
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0.07ACRES
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2BATHS
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01/2 BATHS
School Ratings & Info
Description
Large Two Family with a bonus unit renovated 3 years ago spread over 3 floors located near to downtown Somerville and train station. A great investment opportunity to create an additional unit on the 3rd floor for additional income and install a driveway at the rear of the property. Each unit has 3 bedrooms, and the bonus 3rd unit can be a potential 1 or 2 bedroom unit. Stainless steel appliances, hardwood floors, spacious garden, basement and external areas. Why rent when you can buy using a low down payment mortgage. A great income producing property both tenants are on a month to month leases - unit 1 $2000 & unit 2 $2300. Perfect for an investor or an owner occupier that would like a tenant to contribute towards their mortgage. One or both unit can be delivered vacant at closing as unit 1 expressed a desire to vacate and unit 2 can be delivered vacant at closing for strong offers over listing price. Perfect opportunity to live in one unit and rent the other! The seller would be willing to provide sellers concession for strong offers over the list price to help with financing to buy down the interest rate or to reduce the amount of down payment and closing costs. We will only accept offers from direct end buyers no wholesalers please. This opportunity will not last for long. Located within minutes of downtown Somerville, and all major highways - location is a commuter's dream to NYC!
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Data last updated 2023-02-08T20:46:55.87.