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24 Walnut St
Somerville, MA 02143
24 Walnut St., Somerville MA · Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 3,136 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1900 |
| Zoning | RB | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 3,136 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | RB |
ABOUT 24 WALNUT ST , SOMERVILLE, MA 02143
Approachable Somerville 6 family at 300K/unit near Union Sq and Prospect Hill, one of the hottest neighborhoods around. This rare to market 6 unit property consists of three 2 room studios and three 1 one bedroom apartments. Conveniently located just one block from bustling Union Square which will soon be home to the new Green Line extension. The neighborhood boasts many great shops and restaurants including the recently established Bow Market. The Union Square Redevelopment has steadily added to the upward trajectory that Union Square has been experiencing and is poised to add 2.4 million sqft of office, retail and lab space. All apartments have leases in place ending on varying dates in the summer of 2020. Annual gross rents exceed $110,000 with significant value add opportunity. Roof replaced 2007, boiler 2012 & hot water 2019. Don't miss this fantastic opportunity! Open houses Saturday 2/22, Sunday 2/23 and Monday 2/24 from 12-1.30. Offers are due Wednesday 2/26 at noon.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 3 | $1,548 | - |
| 1+1 | 3 | $1,370 | - |
PROPERTY TAXES
| Parcel Number | SOME-000073-A000000-000016 | Improvements Assessment | $433,410 |
| Land Assessment | $732,100 | Total Assessment | $1,165,510 |
PROPERTY TAXES
