Property of the Week: Investors Take Note!
October 24, 2013
12 Silvey Place, Somerville — 3-unit with 6 BRs, 3 baths, 3021 sf on a 2777 sf lot — listed for $949,900
A rare example of a multi-family that can immediately generate great rents without any necessary renovation! This Porter Square 3-family is in great shape, will be delivered with two of the three units vacant, and the third unit will be vacated by the end of the year. Current rents are below market value, which should be in the range of $2100 per unit. There is no off-street parking, but there is a great back yard.
There won’t be any open houses and all showings must be accompanied, so if you have any interest, please get in touch.
Listed by Karen Morgan of Coldwell Banker Residential Brokerage.