Experience the charm and beauty of the Elijah Walker House on Pleasant Avenue in Prospect Hill. This is a six-unit residential property built in the Second Empire style of 1873 on a spacious lot with luscious side yards and a backyard patio space. The list price reflects a 7% cap rate if market-rate rents were collected. Current tenants are at-will. Updates were made to separately meter all units with their own gas heating and indirect fired water heaters. The slate roof and ornate woodwork of the exterior have been well-maintained. The front entrance is met with an incredible wood staircase and spacious landings outside unit doors. Acquire a turnkey trophy property in one of Somerville's most sought-after locations.
Agent: Jonathan Hindmarsh
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