159 Pearl Street

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159 Pearl Street

Somerville, MA 02145
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

159 Pearl Street, Somerville, MA 02145 <ul><li>​Two separate 2-family homes on one lot</li><li>​Fully occupied with long-term tenants resulting in below-market rents</li><li>​Significant upside potential for investors or owner-occupants</li><li>​One unit to be delivered vacant - opportunity for owner occupancy or immediate rent adjustment</li><li>​Additional finished space in lower levels offering flexibility and added utility</li><li>​Ample off-street parking - rare find in this location</li><li>​Strong income potential with value-a

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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