Last Updated: 12/2/2016 10:23 PM
Description for 49 Porter St Somerville, MA 02143
New rare to find fully leased 3 family in coveted Porter Sq. Walking to Porter T stop, bars and excellent culinary cuisines. Blocks away from the Cambridge Line. Excellent rental location and long term upside potential. All units leased until Aug 31, 2017, with 7% escalation clauses if renewed for 2018, turnkey property. Strong credited tenants. Collect positive cash flow from Day 1. Two of three units are in renovated condition with the potential to upgrade Unit 1 and increase income. HW floors. Utilities individually metered, spacious rooms, Maintenance free Vinyl Siding, Laundry coin-op basement 55/mo income, 2nd Floor unit Includes is off-street parking for 150/mo. Large Fenced in yard, Front & Back decks off units. See attached Flr Plan. Open House Thur 12/1 (1p-2pm), Sun 12/4 (1-2pm), Wed 12/7 (1-2p). Only showings @ OH, bids due Thur 12/8 @ Noon
Gas Water Heater
Exterior / Lot Features
2 Parking Spaces, Off Street, Tandem, Paved Driveway
Current market conditions for 49 Porter St
Active Market Trends
Median list price$669,900
Days on market70
Properties for sale67
Sold Market Trends
Median sold price$620,000
Sales to list price10,331.0%
Median sq ft price$511
Arrows indicate 90 day trend
Listing Price History for 49 Porter St
Somerville Real Estate
Somerville is located in Massachusetts. Somerville, Massachusetts 02143 has a population of 75,974.
The median household income in Somerville, Massachusetts 02143 is $64,603. The median household income for the surrounding county is $81,420 compared to the national median of $53,046. The median age of people living in Somerville 02143 is 30.8 years.
Loading nearby sales and history ...
Sun, 12/4/2016 1:00 PM-2:00 PM
Ask a Question?
Berkshire Hathaway HomeServices Verani Realty
Start a no spam email conversation
My Drive Time
Enter your work address to view actual drive times with traffic for this property
Here is the weekday INRIX Drive Time from this property to .
When you register, you will receive ...
Nearby homes for sale