19 George Street, Somerville, MA

$2,285,000

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12

Beds

6

Baths

3,340

Square feet

0.03

Acres

About 19 George Street

Brand New Generational Multi Family asset on beautiful tree lined street bursting with Somerville Charm. This large 3 family has been gut renovated and rebuilt with high end condo quality finishes. Step right in and Generate enormous cashflow. . Already Boasting 12 bedrooms and 6 bedrooms, there still room for future expansion by way of unfinished 1200 sq ft basement. A painstaking 2023/2025 gut renovation allows the new owner to walk into an hands free Asset Ready for healthy cashflow. Rare opportunity in an incredible Market with amazing stability and growth. Walking distance to dozens of cafe's restaurants and shops, as well as both the Orange & Green Line. Tenant's will enjoy central air, laundry in unit, and condo quality finishes allowing the new owner to fetch top dollar. With apartments in the area renting for as much as 1,500/ bedroom this presents the perfect opportunity in to step right into positive cashflow in a premier investment market poised for appreciation

Features of 19 George Street

MLS® # 73199797
Price $2,285,000
Bedrooms 12
Bathrooms 6.00
Full Baths 6
Square Footage 3,340
Acres 0.03
Year Built 2023
Type Residential Income
Sub-Type 3 Family
Status Active

Community Information

Address 19 George Street
City Somerville
County Middlesex
State MA
Zip Code 02145-3304

Amenities

Parking Paved Drive
Is Waterfront No
Has Pool No

Interior

Appliances Unit 1(Dishwasher,Washer,Dryer,Washer - ENERGY STAR)
Heating Unit 1(Central Heat), Unit 2(Central Heat), Unit 3(Central Heat)
Cooling Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air)
Fireplace No
# of Stories 6

Exterior

Foundation Other

Additional Information

Zoning RB

Listing Details

Agent Gregory Mccarthy
Office Riverfront REALTORS®
Sub Agent Compensation 1
Buyer Agent Compensation 2.5
Facilitator Compensation 1
Compensation Based On Gross/Full Sale Price
Sub Agency Relationship Offered Yes

Listing Map

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