Off Market

27-29 Cameron Ave, Somerville, MA

Somerville · MA 02144

$2,050,000
Price
12
Beds
4
Baths
4159
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 4 Units
Lot size: 2,700 Sq.Ft Lot
Price per square foot: $493 / Sq.Ft
Parking: No Parking

About this home

Boasting a monthly rent of $13,300 and an annual income of $159,600, 29 Cameron Avenue stands out as a rare and coveted legacy property?a 4-family investment gem that consistently yields impressive returns. This unique property comprises a one-bedroom unit, a three-bedroom unit, and two four-bedroom units, each offering spacious and comfortable living spaces. Most units feature high ceilings and hardwood floors, while two units boast updated kitchens, and three have in-unit laundry facilities. Enclosed porches further enhance the potential for expanded living areas. The property, already in great condition, holds untapped potential for added value. Outdoor spaces are designed for comfort. Tenants are responsible for all utilities except water and sewer. Ideally located with a stellar Walkscore? of 93, near Davis Square, Teele Square, and Tufts, residents enjoy seamless access to a myriad of amenities. Opportunities like this are rare; seize the chance to make this investment yours.

Neighborhood & Transit

Davis Square

27-29 Cameron Ave, Somerville · MA 02144

Nearby transit

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

  • Davis Red 0.31 mi

Price Insight

Days on Market:
1027 days
Listing Price:
$2,050,000
Price per Sq.Ft:
$493
Tax Assessment:
$1,923,200 in 2023
Taxes:
$1,657 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
4
Half Bathrooms
0
Living Area
4,159 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4159
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
2,700 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Asbestos, Brick
Roof
Unknown

Green Features

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

Listing information

Listing agent
Mike Cohen
Listing office
Compass
MLS PIN #
73192863