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49 Dover Street
Somerville, MA 02144
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Extremely Rare, Generational Multifamily Opportunity | 41 Units <ul><li><strong>Extremely Rare, Generational Multifamily Opportunity:</strong> The property represents a true generational offering, originally developed and held by the same family for decades. Now, for the first time, this legacy asset is being brought to market. The asset totals 41 units, all 100% market-rate, providing immediate scale and consistent in-place income. Located near Davis Square in Somerville, MA, one of Greater Boston’s most sought-after submarkets, the property benefits from
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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
