Introducing a fully renovated and stabilized massive 6-unit building in the extremely desirable Winter Hill neighborhood of Somerville! This 8,060 sq foot building is nestled on a tree-lined one-way street and is directly across from the new Gilman Square green line stop and has a gross rent roll of $20,400 per month! The building has undergone extensive renovations including kitchen/bath/laundry work and plumbing/electric improvements in each unit (’21-’23), a new roof (’23), fully re-built rear decks (’24), and more (see full capex and rent roll list). Each unit is a 3 bed/1 bath unit with huge rooms and high ceilings that feel very spacious and leases are in place throughout. Split utilities, a driveway, and a nice fenced in yard round out the offering. Great opportunity for investors to acquire an incredible asset close to the all the development around Winter Hill, Assembly, and Union Square in Somerville!
Features
18 bedrooms
6 bathrooms
directions_car1 carspace
1 open car space
8060 sq. ft. floor area
crop_free6736 sq. ft. lot size
cottageOther
Property history for 109 Walnut Street
2021
Sold
$2,500,000
22 Sep 2021 by Taylor Johnson
Happy sellers in Somerville
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Local market activity for 18 bedroom other properties in Somerville
Sold
For Sale
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