54-82 Mount Vernon Street
$9,500,000
23
Beds
23
Baths
14,328
Sqft
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$9,500,000
23
Beds
23
Baths
14,328
Living Area
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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.
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Highlights
- Levels: 3
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 23
- Status: Active
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
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Additional Details
- Construction: Brick
- Lot Features: Other
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: 99
- Foundation: Concrete Perimeter
- Roof: Rubber
- Total Number of Units: 23
- Year Built Source: Public Records
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $99
- Tax Year: 2024
- Total Rent: $19,998
- Buyer Agent Compensation: 1%
- Taxes: $9
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Listing information provided courtesy of Cushman & Wakefield.
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