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16 Curtis St, Somerville, MA

Somerville · MA 02144

$1,500,000
Price
6
Beds
3
Baths
3425
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 3 Units
Lot size: 4,791 Sq.Ft Lot
Price per square foot: $438 / Sq.Ft
Parking: 2 Garage Spaces · 7 Off Street Spaces

About this home

Rare Investment Opportunity:Welcome to this unique investment proposition in the heart of Somerville. This 3-family building stands out as a prime asset, fully leased with leases extending through the summer of 2024.Offering a consistent and reliable income stream, this property offers immediate returns for the discerning investor. The potential for rent increases adds a lucrative dimension to your investment strategy, allowing you to capitalize on the dynamic rental market in Somerville.Meticulously maintained, this well-cared-for building contributes to long-term value, making this an attractive investment for both seasoned investors and those entering the market.Positioned in prime Teele Square and a short walk to Davis Square and the Red Line T Stop, with convenient access to amenities, and the vibrant cultural scene of Somerville. This sought-after neighborhood further enhances the property's desirability. Offers due Monday by 5:00PM.

Neighborhood & Transit

Teele Square

16 Curtis St, Somerville · MA 02144

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1057 days
Listing Price:
$1,499,000
Price per Sq.Ft:
$438
Tax Assessment:
$1,487 in 2023
Taxes:
$1,281 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,425 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3425
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
110 Volts, 100 Amps

Exterior Features

Lot Size
4,791 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
7 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Romeo Zeqo
Listing office
Best Boston Realty, LLC
MLS PIN #
73187019
Disclosure
Roof is around 5 years old. New Electric panels for all 3 units, new Common panel and new main panel. New smoke detectors throughout the property, both wired and wireless. New 1st and 2nd floor rear porches and new front porch April 2021 with new outlet. There are many other updates throughout.