18 Day Street

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18 Day Street

Somerville, MA 01089
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Extremely Rare, Generational Multifamily Opportunity | 120 Units <ul><li>​<strong>Extremely Rare, Generational Multifamily Opportunity:</strong> The Kingsley Orchard Realty (KOR) Portfolio 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. Comprised of three brick buildings within one block of each other, the portfolio totals 120 units, all 100% market-rate, providing immediate scale and consistent in-place income. Located near Davis Squa

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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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