147 Central Street, Somerville, MA, 02145
16 rooms
8 beds
2 Full / 2 Half baths
1900
5,318 sqft
Unmatched Investment Opportunity in Somerville! Seize the chance to own this exceptional mixed-use building just a few blocks from the Gilman Square Green Line station! This prime corner property offers outstanding visibility and signage, featuring two retail spaces leased through 2026, ensuring immediate income stability. Above, discover two spacious 4+ bedroom apartments that highlight beautiful hardwood flooring, generous living areas, and modern layouts. With an impressive annual income of 124.8K this property not only provides solid returns but also boasts huge upside potential for future rent increases. Located in the thriving Winter Hill section, you’re close to Assembly Row and have seamless highway access to downtown Boston. Surrounded by vibrant restaurants, shops, and local amenities, this rare opportunity won’t last long—act now to secure your investment in this desirable neighborhood!
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
Mixed Use
Basement:
Full
Levels:
7
Parking:
On Street, Other
Acreage:
0.06
Assessment
$1,418,300
Construction
Frame
Utilities
for Gas Oven
Lot Description:
Corner Lot, Other
Amenities:
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other
MLS #:
73292223
Facilitator Compensation:
1
Compensation Based On:
Gross/Full Sale Price
Sub-Agency Relationship Offered:
No
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Zachary Conley, NextGen Realty, Inc. Phone: 617-208-2100