Last Updated: 12/7/2016 12:53 AM
Description for 9 Concord Ave Somerville, MA 02143
New rare to find fully leased 2 family in coveted Union Sq. 1 Block from the up and coming Green Line T, bars and excellent culinary cuisines. Also blocks away from the bustling Inman Sq. and 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. Units are in renovated condition with the potential to upgrade even further & increase income with small improv. HW floors. Utilities individually metered, spacious rooms, Maintenance free Vinyl Siding, Laundry coin-op basement 60/mo income, 1st Floor unit Includes off-street parking for 150/mo. Large Fenced in yard, Side & Back decks off units. See attached Flr Plan. Open House Thur 12/1 (2:30-3:30pm), Sun 12/4 (2:30-3:30pm), Wed 12/7 (2:30p-3:30p). Only showings @ OH, bids due Wed 12/7 @ 5pm
Gas Water Heater
Exterior / Lot Features
3 Parking Spaces, Off Street, Tandem, Paved Driveway
Current market conditions for 9 Concord Ave
Active Market Trends
Median list price$674,900
Days on market70
Properties for sale63
Sold Market Trends
Median sold price$622,450
Sales to list price10,326.0%
Median sq ft price$509
Arrows indicate 90 day trend
Listing Price History for 9 Concord Ave
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.
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Wed, 12/7/2016 2:30 PM-3:30 PM
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