Somerville, MA76-78 Perkins Street, East Somerville
Sale Price$3,900,000
MLS Number 72734842
- MultiFamily
- Bedrooms 24
- Bathroom 12
- Square Feet 8,688
- Property SubType 5-9 Family
Completely renovated in 2018, 76-78 Perkins Street is a boutique, 6-unit apartment building that offers condo quality finishes and unparalleled commuter access. The 100% occupied property boasts six (6) spacious, four (4) bed, two (2) bath apartments homes that each feature stainless steel appliances as well as in unit washers and dryers, all located steps from the MBTA's Sullivan SQ Station. 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. 76 Perkins offers a rarely available, cash-flowing, turnkey investment opportunity, located in a historically, high barrier to entry market. Current rent roll brings in more than $300,000+ annually and offers very strong in-place yield - approx. 5.5% CAP rate and north of a 9% Cash on Cash return.
Listed by Christopher Sower of Colliers International
Listing Sold by Hartley Realty Group
| Price | Down Payment | Interest Rate | Years |
|---|---|---|---|
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Est. Mortgage: $/month
Federal 30-year interest rate: 6.76% last updated on 2026-09-10
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.


