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listing
1 of 13
MultifamilyFor Sale
$5,200,000
1-3 Beacon Street
Somerville, MA 02143
Listed by: Tony Pepdjonovic from Marcus & Millichap Real Estate Investment Services, (617) 896-7277
MLS Property Information Network
16Beds
8Baths
6,812Sq Ft
Est. Mortgage
$26,941/mo

1-3 Beacon Street is a rare opportunity to acquire an iconic investment property in the heart of Inman Square generating $26,600 per month in rental income. The property is comprised of (2) ground-floor commercial tenants and (4) four-bedroom/2 bath apartments. Trina's Starlight Lounge and Parlor sports are two of the most popular businesses in the neighborhood and have been tenants since 2009. The apartments underwent full gut-rehabs with condo quality finishes which were completed in the Spring of 2022 and tenanted for the first time. This is a blue-chip asset in every sense of the word and a perfect safe-haven against inflation and the volatile stock market.

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Information courtesy of Marcus & Millichap Real Estate Investment Services is subject to verification and is not guaranteed.
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