Off Market

21 Cutter Ave Unit 0, Somerville, MA

Somerville · MA 02144

$1,585,000
Price
6
Beds
3
Baths
2835
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 3 Units
Lot size: 2,389 Sq.Ft Lot
Price per square foot: $559 / Sq.Ft
Parking: No Parking

About this home

Fantastic opportunity to invest in Davis Square. This three-family home offers a great location, key updates, and strong rental history. Each unit consists of 4 rooms, an updated full bathroom, renovated eat-in-kitchens and refinished wood floors throughout. Unit 1 and 2 have in-unit laundry. Units 2 and 3 have new kitchen cabinets and granite countertops. All units have newer upgraded appliances.The current owners have redone the electrical, adding a common area panel, had the yard professionally landscaped, added a retaining wall and sprinkler system. There's even coin-op laundry in the basement used exclusively by the 3rd floor. Renting at $2800+ (unit1), $2950+ (unit2) and $2600+ (unit 3) per month, and all with leases through 8/31/20, there's $8350/month in income with low monthly expenses. Walkscore of 95, Bikescore of 96, the Davis Sq Redline T station around the corner plus all the restaurants and shops Davis Square has to offer.

Neighborhood & Transit

21 Cutter Ave, Somerville · MA 02144

Nearby transit

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

  • Davis Red 0.18 mi
  • Porter Red Commuter Rail 1 route 0.42 mi
    • Fitchburg Line

Price Insight

Days on Market:
2490 days
Listing Price:
$1,585,000
Price per Sq.Ft:
$559
Tax Assessment:
$1,032,300 in 2019
Taxes:
$926 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,835 Sq.Ft
Broker Disclosure about Living Area
0
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
2,389 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

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
Susan Condrick
Listing office
Gibson Sotheby's International Realty
MLS PIN #
72550339