617-315-4844
18 Day St
Somerville, MA 02144
Davis Square
HIGHLIGHTS
- Extremely Rare, Generational Multifamily Opportunity: The property represents a true generational offering
- Immediate Scale in High Barrier, World-Class Location: This 50-unit asset offers rare, immediate scale in one of the most competitive
- Superior Urban Transit-Oriented Location: Ideally positioned for seamless connectivity, the property is just a ±6-minute walk to Davis Square Station
- Positively Trending and Durable Rental Income: The asset has demonstrated consistent rent growth, with rent roll increasing 7.11% year-over-year
- Strong Upside Through Unit Renovations: Approximately 14 of the units have received partial updates, presenting a clear path
- Favorable Unit Mix for Urban Renters and Efficient Layouts: The property offers an attractive unit mix comprised of studio, one & two-bedroom units
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1935
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.35 AC
LAND SF
15,405 SF
ZONING
RB
APN/PARCEL ID
SOME-000022-E000000-000001
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
617-315-4844
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
617-315-4844
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
