Investment Overview

MINIMUM BID $3.3 MILLION. The apartments located at 110 Perkins Street in Somerville, MA is comprised of 14 units (10-studios, 2-one bedroom, 1-two bedroom and 1-three bedroom) just a 10 minute walk (1/2 mile) from the Sullivan Station Orange line train to Boston. Driveway for three cars (tandem) with two rented for $1800/year which along with the coin-op laundry ($4800) included in "other income". Electric listed includes common areas and units since there is one master meter. Heat and hot water heaters have been updated within the last 5 years. Trash pick-up and cleaning of $400/month is included in the estimated maintenance.


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INSTRUCTIONS FOR VIEWING:

First drive by the Property and view the exterior. DO NOT speak to the Owner, Owner's representative or Owner's tenants without a UMF Associate present. Especially in the event they are present during your initial drive by. If you are interested in the property after your initial drive by please contact the UMF listing associate to schedule an appointment.

All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price,rental or other conditions, prior to sale or lease, or withdrawal without notice. United Multi Family makes no warranty or representation about the content of this brochure. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property.