422 Mcgrath Highway, Somerville, MA 02143
- $2,300,000
- 14
- BD
- 8
- BA
- 4,725
- SqFt
- List Price
- $2,300,000
- Status
- ACTIVE
- MLS#
- 73539496
- Bedrooms
- 14
- Bathrooms
- 8
- Full Baths
- 8
- Living Area
- 4,725
- Lot Size (Acres)
- 0.13
- Year Built
- 1920
Property Description
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.
/u.realgeeks.media/jasonniles/mann.png)
Additional Information
- Taxes
- $16,755
- Lot Description
- Other
- Water
- Public
- Sewer
- Public Sewer
- Community Features
- Public Transportation
- Basement Features
- Full
- Roof Material
- Rubber
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Tom Egbers from Listing Office: Northeast Private Client Group, LLC.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.