16 Electric Avenue, Somerville, MA 02144

1,500.000.00
6
BD
2.5
BA
3150
SqFt
List Price
1,500.000.00
Status
Pre-Market Listing
Property Type
2-Family
Bedrooms
6
Bathrooms
2.5
Living Area
3150
Lot Size
3115
Neighborhood
Davis Square
Schools
Tufts University

Property Description

Welcome to 16 Electric Ave - The Perfect Investment Opportunity!

-Unit 1: Lease through 8/31/2024 ($3,150.00/Month)

(Market $4,200.00-$4,400.00/month If converted to a 4 Bedroom-1 Bathroom)

 

-Unit 2: Current Lease through 8/31/2024 ($3,000.00/Month)

(Market $5,00.00-$5,500.00/Month If Converted to a 5-Bedroom-2 Bathroom)

 

-16-1 Electric Ave VIRTUAL TOUR: 16-1 Electric Ave_VIRTUAL TOUR

-16-2 Electric Ave VIRTUAL TOUR: 16-2 Electric Ave_VIRTUAL TOUR

 

 

-16-1 Electric Ave Video Walkthrough Link: 16-1 Electric_VIDEO

 

-16-2 Electric Ave Video Walkthrough Link: 16-2 Electric_VIDEO

 

-Located in the heart of Somerville, this stunning Multi-Family Home offers an exceptional investment opportunity in a prime location. With over 3,100 square feet of living space, this property is truly a gem. One of the most enticing features of this property is its perfect location. Situated on Electric Avenue, you'll find yourself just steps away from Davis Square, Ball Square, Tufts University, Teele Square, and the Red and Green Line T Stops. Whether you're a student, a young professional, or a seasoned investor, this location provides unbeatable convenience and accessibility. In addition to its superb location, this property offers fantastic amenities and features. With 6+ bedrooms and 2.5 bathrooms, there is ample space for everyone. The interior features include cable-ready connectivity for your entertainment needs, beautiful hardwood flooring, a washer and dryer for added convenience, and a fully equipped kitchen with modern appliances such as a refrigerator, garbage disposal, and dishwasher. Step outside onto the deck, patio, porch, or balcony and enjoy the serene and well-maintained garden. With a driveway that can accommodate up to 3 cars, parking will never be an issue for you or your guests. Built in 1900, this property has stood the test of time and still maintains its charm and character. The lot size of 3,150 square feet provides ample outdoor space for relaxation and entertaining. Currently listed as 'For Sale', this property presents a fantastic investment opportunity. Whether you're looking to turn this into your dream home, generate rental income, or diversify your investment portfolio, Electric Ave is the perfect choice.

-Call 339-927-5729 or email Romeo@BestBostonRealty.com. We look forward to hearing from you!

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