Introducing a fully renovated and stabilized massive 6-unit building in the extremely desirable Winter Hill neighborhood of Somerville! This 8,060 sq foot building is nestled on a tree-lined one-way street and is directly across from the new Gilman Square green line stop and has a gross rent roll of $21,725 per month! The building has undergone extensive renovations including kitchen/bath/laundry work and plumbing/electric improvements in each unit (’21-’23), a new roof (’23), fully re-built rear decks (’24), and more (see full capex and rent roll list). Each unit is a 3 bed/1 bath unit with huge rooms and high ceilings that feel very spacious and leases are in place throughout. Split utilities, a driveway, and a nice fenced in yard round out the offering. Great opportunity for investors to acquire an incredible asset close to the all the development around Winter Hill, Assembly, and Union Square in Somerville!
— MLSPIN #: 73431752Map of 109 Walnut St, Somerville, MA 02145
List Price: | $3,650,000 |
---|---|
Status: | Active |
MLS ID: | 73431752 |
Town: | Somerville |
County: | Middlesex |
Zip: | 02145 |
Property Type: | Residential Income |
Property Sub Type: | 5-9 Family |
Bedrooms: | 18 |
Full Baths: | 6 |
Living Area: | 8,060 sqft |
Acres: | 0.15 |
Taxes: | 22,583 |
Appliances: | Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer |
Flooring: | Hardwood |
Heating: | Forced Air, Natural Gas |
Lot Features: | Level |
Parking Features: | Paved Drive, Off Street, Tandem |
Status: | Active |
Water Source: | Public |
Year Built: | 1920 |
Roof: | Rubber |
Directions: | GPS |
Foundation Details: | Stone |
Postal Code Plus4: | 2952 |
Construction Materials: | Frame |
Listing Contract Date: | 2025-09-17 |
Heating?: | Yes |
Lot Size Area: | 0.15 |
Lot Size Square Feet: | 6,736 |
Rooms Total: | 30 |
Bathrooms Total Integer: | 6 |
Basement: | true |
Basement: | Full, Unfinished |
Building Area Source: | Public Records |
Building Area Total: | 8,060 |
Community Features: | Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University |
Fencing: | Fenced |
Interior Features: | Living Room, Kitchen, Laundry Room |
Levels: | 5 |
Living Area Units: | Square Feet |
Lot Size Units: | Acres |
Number Of Units Total: | 6 |
Open Parking?: | Yes |
Parcel Number: | M:79 B:A L:5, 758859 |
Patio And Porch Features: | Deck - Wood |
Rent Includes: | Unit 1(Water), Unit 2(Water) |
Road Frontage Type: | Public |
Road Surface Type: | Paved |
Sewer: | Public Sewer |
Utilities: | for Gas Range |
Zoning: | BA |
Stories Total: | 5 |
Year Built Source: | Public Records |
Disclosures: | List agent is a member in owning LLC. Unit 5 on the market for lease, leaving end of Sept. Full rent roll and capex list available for download. Pictures are of scattered units and post renovations. |
Farm Land Area Units: | Square Feet |
Gross Income: | $176,400 |
Listing Agreement: | Exclusive Right To Sell |
Apod Available: | Yes |
Certificate Number: | 000000210377 |
Disclosure: | No |
Dpr Flag: | No |
Flrs 1: | 1 |
Flrs 2: | 1 |
Flrs 3: | 2 |
Flrs 4: | 2 |
Lead Paint: | Unknown |
Lease 1: | Yes |
Lease 2: | Yes |
Lease 3: | Yes |
Lease 4: | Yes |
Levels 1: | 1 |
Levels 2: | 1 |
Levels 3: | 1 |
Levels 4: | 1 |
Listing Alert: | No |
List Price Per Sqft: | $452.85 |
Page: | 103 |
Price Per Sqft: | $452.85 |
Square Feet Incl Base: | No |
Net Operating Income: | $176,400 |
Original List Price: | $3,650,000 |
Parking Total: | 1 |
Tax Assessed Value: | $2,069,900 |
Tax Year: | 2025 |
Total Actual Rent: | $21,725 |
Year Built Details: | Approximate |
Bedrms 1: | 3 |
Bedrms 2: | 3 |
Bedrms 3: | 3 |
Bedrms 4: | 3 |
F Bths 1: | 1 |
F Bths 2: | 1 |
F Bths 3: | 1 |
F Bths 4: | 1 |
Hot Water: | Natural Gas |
Rent1: | 3,450 |
Rent2: | 3,750 |
Rent3: | 3,550 |
Rent4: | 3,600 |
Disclaimer:
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on September 25, 2025 03:06 AM
Property Last Updated: September 21, 2025 03:11 AM
Listing Courtesy of: Keller Williams Realty Evolution
Listing Agent: Lior Rozhansky