6-8 Knapp Street is an opportunity to acquire a massive 3-family (5, 580 Square Feet) that has been meticulously maintained and is located in a coveted neighborhood of Somerville. The property has an excellent rental history but also provides upside potential for a new coming investor. This area is full of amenities for tenants including Bow Market, Market Basket and Gilman/Union Sq Green Line Stations.
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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.