54-82 Mount Vernon Street, Somerville, MA 02145

$9,500,000

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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.

— MLSPIN #: 73343255

Map of 54-82 Mount Vernon Street, Somerville, MA 02145

54-82 Mount Vernon Street, Somerville, MA 02145
54-82 Mount Vernon Street, Somerville, MA 02145 54-82 Mount Vernon Street, Somerville, MA 02145 54-82 Mount Vernon Street, Somerville, MA 02145 54-82 Mount Vernon Street, Somerville, MA 02145
List Price:$9,500,000
Status:New
MLS ID:73343255
Town:Somerville
County:Middlesex
Zip:02145
Property Type:Residential Income
Property Sub Type:5+ Family - 5+ Units Up/Down
Bedrooms:23
Full Baths:23
Living Area:14,328 sqft
Acres:0.3
Taxes:9
Lot Features:Other
Status:Active
Water Source:Public
Year Built:1900
Roof:Rubber
Directions:Located between Pearl Street and Perkins Street
Foundation Details:Concrete Perimeter
Construction Materials:Brick
Listing Contract Date:2025-03-10
Lot Size Area:0.3
Lot Size Square Feet:13,068
Rooms Total:23
Bathrooms Total Integer:23
Building Area Source:Public Records
Building Area Total:14,328
Levels:3
Living Area Units:Square Feet
Lot Size Units:Acres
Number Of Units Total:23
Sewer:Public Sewer
Zoning:99
Stories Total:3
Year Built Source:Public Records
Farm Land Area Units:Square Feet
Listing Agreement:Exclusive Right To Sell
Apod Available:No
Disclosure:No
Dpr Flag:No
Flrs 1:1
Flrs 2:2
Lead Paint:None
Lease 1:No
Lease 2:No
Levels 1:1
Levels 2:1
Listing Alert:No
List Price Per Sqft:$663.04
Page:9
Price Per Sqft:$663.04
Square Feet Incl Base:No
Original List Price:$9,500,000
Tax Assessed Value:$99
Tax Year:2024
Total Actual Rent:$19,998
Year Built Details:Actual
Bedrms 1:1
Bedrms 2:1
F Bths 1:1
F Bths 2:1
Rent1:9,999
Rent2:9,999

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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 March 12, 2025 02:52 AM

Property Last Updated: March 10, 2025 09:48 AM

Listing Courtesy of: Cushman & Wakefield
Listing Agent: Christopher Sower
617-816-5257