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$9,500,000
Est. payment /mo
23 Beds
23 Baths
14,328 SqFt
UPDATED:
03/14/2025 07:05 AM
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 14,328 sqft
Price per Sqft $663
MLS Listing ID 73343255
Bedrooms 23
Full Baths 23
Year Built 1900
Annual Tax Amount $9
Tax Year 2024
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Presenting The Mount Vernon Collection (54-60 and 80-82 Mount Vernon Street), a 23-unit, project-based Section 8, apartment portfolio located in Somerville, Massachusetts. The portfolio is comprised of two (2) beautiful brick buildings, 54-60 and 80-82 Mount Vernon Street. Strategically located in one of the most rapidly evolving neighborhoods in the Greater Boston area, the property is surrounded by multiple on-going and upcoming transformative developments, such as Assembly Row, Encore Boston Resort and Casino, Cambridge Crossing, Hood Park, and the Green Line Extension. Additionally, the property offers residents unparalleled transit options, including the MBTA – Orange Line at Sullivan Square (0.5mi +/-) and immediate access to multiple bus routes and I-93, located just steps from the asset.
Location
State MA
County Middlesex
Zoning 99
Direction Located between Pearl Street and Perkins Street
Exterior
Roof Type Rubber
Garage No
Building
Lot Description Other
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Cushman & Wakefield