127-129 Summer St, Somerville, MA 02143

Rare offering ! Very well maintained and upgraded 6 Family in Union Square, one of the fastest growing neighborhoods around. Turn key investment with Annual Gross Income of $140k and cap rate of 5% at existing rents with substantial value add opportunity. Many system upgrades including mostly newer kitchens w/granite counter tops & newer baths. New High Efficiency Gas Heating system and updated electrical. The property is conveniently located just a few blocks from bustling Union Square which will soon be home to the new Green Line Extension. The neighborhood boasts many great shops, cafes and restaurants. The Union Square Redevelopment has steadily added to the upward trajectory Union Square has been experiencing and is poised to add 2.4 million sq ft of office, retail & lab space. Fabulous location close to Harvard, Cambridge & Boston. Super opportunity for savvy investor or seller coming out of a 1031. Great Property, Fabulous Location ! Offers due Tue Sept 15th 4pm