54-82 Mount Vernon Street, Somerville, MA 02145
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$9,500,000
23 Unit
23 Beds
23 Baths
14328 SQFT
0.30 Acre

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.

Property Details tap to expand

Building Information

  • Total Units: 23
  • Total Floors: 3
  • Total Bedrooms: 23
  • Total Full Baths: 23

Financial

  • APOD Available: No

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Brick
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73343255
  • Last Updated: 03/14/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/14/2025Active$9,500,000$663MLSPIN
03/10/2025New$9,500,000$663MLSPIN

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Seller's Representative: Christopher Sower, Cushman & Wakefield
Sub Agent Compensation: n/a
Buyer Agent Compensation: 1
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-03-14 03:05:00