431 Medford , Somerville, MA 02145
Somerville, MA 02145
Description
Unmatched Investment Opportunity in Somerville! Seize the chance to own this exceptional mixed-use building just a few blocks from the Gilman Square Green Line station! This prime corner property offers outstanding visibility and signage, featuring two retail spaces leased through 2026, ensuring immediate income stability. Above, discover two spacious 4+ bedroom apartments that highlight beautiful hardwood flooring, generous living areas, and modern layouts. With an impressive annual income of 124.8K this property not only provides solid returns but also boasts huge upside potential for future rent increases. Located in the thriving Winter Hill section, you’re close to Assembly Row and have seamless highway access to downtown Boston. Surrounded by vibrant restaurants, shops, and local amenities, this rare opportunity won’t last longact now to secure your investment in this desirable neighborhood!
Details
| MLS# | 73292224 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 23 |
| Listing Provided By | NextGen Realty, Inc. | Zachary Conley |
Features
| Bath(s) | 4 |
|---|---|
| SQ Feet | 5,318 |
| Zoning | Mixed Use |
| Acreage | 0.06 |
Market Activity 02145
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Learn More About This Property
| State | MA |
|---|---|
| County | Middlesex |
| City | Somerville |
| Zip Code | 02145 |
| Area | Middlesex |
| Listing VS Median (in 02145) | |
Price: $1,549,999 low | high Med: $196,400 SqFt: 5,318 low | high Med: 1,229 $ / SqFt: $291 low | high Med: $613 On Site: 23 low | high Med: 23.500000 | |