Seller...As above price$2, 199, 000will entertain offers from$1, 800, 000- $2, 199, 000Location! Location! Location! Rare 4 family investment property located in Davis Square on lovely tree-lined street. Current strong income situation for an investor with great upside potential. Spacious units with tile baths and kitchens, 3 units with in unit laundry, hardwood floors throughout most units. The first floor units have 2 bedrooms and the upper floor (2 level units) have 3 bedrooms. Walk score of 97, close to public transportation, the Somerville Community Bike Path, Tufts University, restaurants, coffee shops, shopping, and all the nightlife Davis Square has to offer. 3 units have one year leases and 1 unit is a TAW. Great opportunity for the savvy investor to add this prime Somerville location to their portfolio.
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The average household income in
Somerville, MA
grew
from
$78,673
to
$84,722
in the past year. This data is an estimate based upon
32,453
households in
Somerville, MA. The chart below presents how household income is distributed in
Somerville, MA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Somerville, MA
compared to median property taxes around the country. The prevalent amount of property taxes in
Somerville, MA
equals
$3k+
, which is
more
than the national average.