19 Central Street, Somerville, Massachusetts 02143

$15,000,000
99
BD
30
BA
999
SqFt
List Price
$15,000,000
MLS#
72921917
Bedrooms
99
Full Bathrooms
30
Sq. Ft
999
Lot Size
24,393
County
Middlesex
Year Built
1977
Status
ACTIVE

Property Description

The beautifully maintained, three-story building contains (30) residential units consisting of (15), 1-Bedroom/1-Bedroom units, (12), 2-Bedroom/1-Bathroom units, and (3), studio units in 20,580 sqft. of living area on a 0.56-acre parcel with parking for 33 vehicles. Since the buildings acquisition in 2019, 19 Central has undergone extensive renovations under current ownership. The majority of the units have been renovated with updated kitchens, bathrooms and flooring throughout. Additional renovations include refreshed common areas, updated electrical and window pane replacements. Building amenities include an on-site laundry facility, private storage, indoor bike racks and wall air conditioning units for all apartments. Located in the Spring Hill neighborhood of Somerville, in the path of the future Green Line Extension, the Property offers the rare opportunity to acquire a generational multi family asset with significant upside potential in one of the hottest real estate markets.

Additional Information

Days on Market
15
Taxes
$49,740
Tax Year
2021
Assessment
4693300
Construction
Brick
Basement
Yes
Basement Features
Full, Walk Out
Hotwater
Natural Gas
Lot Description
Other (See Remarks)
Parking Spaces
33
Acres
0.56
Price Per Sqft
$15,015

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Listing courtesy of John Pentore from Horvath & Tremblay

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