Hillman Homes
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listing
1 of 23
MultifamilyPending
$3,695,000
52, 54 Bonair Street
Somerville, MA 02145
Courtesy of R.e.d. Development & Real Estate Group - Robert Downer
MLS Property Information Network
21Beds
10Baths
8,937Sq Ft
Est. Mortgage
$19,173/mo

ATTENTION...ATTENTION...a very rare opportunity, 10 units in solid shape, almost 9000 square feet of living space, 21 bedrooms, 10 bathrooms, 4 off road tandem parking spots. New roofs, newer electrical, new natural gas, all the big money items taken care of. One of the hottest rental markets in the country, with property values rising, don't miss this chance. Separate utilities, heat, water, electric, all rents underpriced, but are Tenants at will. 4 off road tandem parking spots between both buildings. 2 separate deeds for the 2 properties. New roof, newer electric, and newer natural gas. All tenants, therefore, have separate utilities, and pay electricity, heat, gas. Yearly rent $240,000. and are under market, bring these up to market value, make a great cap rate and a rental beast. Somerville right off McGrath a great location and proximity to all that is Cambridge, Somerville, and Boston. Both buildings create an investment compound that is absolutely incredible.

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Information courtesy of R.e.d. Development & Real Estate Group is subject to verification and is not guaranteed.
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