275 Summer St, Somerville, MA 02144

CASH COW $113600 GROSS INCOME WITH A VACANCY FOR LAST 4 MONTHS OF 2020. CLASSIC TRIPLE DECKER 1 BLOCK TO PORTER SQ, RED LINE, AND SHOPPING CENTER. ALL THE NICE FEATURES INCLUDING BAY WINDOWS, OAK FLOORS, BUILT IN DINING ROOM HUTCHES, EAT IN KITCHENS W/WALK IN PANTRIES, FRONT AND REAR PORCHES OVERLOOKING YARD, UPDATED SYSTEMS, RUBBER ROOF ABOUT 17 YEARS OLD, COMMON LAUNDRY IN BASEMENT, UNIT 1 LEASED TO 8/31/21 AND UNIT 3 LEASED TO 7/31/21. UNIT TWO WAS PAYING $3100 UNTIL 8/31/20 WHEN THEY VACATED . A CAP RATE OF 5% PUTS THIS PROPERTY AT 1.9M AND A CAP RATE OF 5.5% PUTS IT AT $1,733,345