Sold

53 Concord Ave, Somerville, MA

Somerville · MA 02143

$1,000,000
Price
3
Beds
3
Baths
2358
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 2 Units
Lot size: 3,521 Sq.Ft Lot
Price per square foot: $466 / Sq.Ft
Parking: 1 Garage Space · 2 Off Street Spaces

About this home

Great investment opportunity where popular Somerville and Cambridge hubs converge! This easy to manage, easy to rent, well maintained 2-family is located at the intersection of Inman and Union Square. Tenants enjoy all the easy transportation options to Porter and Harvard Square with close proximity to restaurants, night life and convenience of nearby Whole Foods Market on Beacon Street. The addition of the new Green Line Union Square T stop connects you to Boston. The unique 2-family home consists of large 1+ bedroom layouts with dedicated deck/porch spaces on the first and second levels - potential for a 2-room studio apartment exists on the top floor. A long driveway and freestanding garage allow for parking and storage as well as a nice back yard for chilling and grilling. The home contains updated heating systems, storage and coin-operated laundry in the basement. This property has a long track record of strong and steady rent. Be the next owner to claim that benefit!

Neighborhood & Transit

53 Concord Ave, Somerville · MA 02143

Nearby transit

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

  • Union Square Green 0.20 mi

Price Insight

Days on Market:
1467 days
Listing Price:
$1,100,000
Price per Sq.Ft:
$466
Tax Assessment:
$997,500 in 2022
Taxes:
$846 / Monthly

Home Facts

Interior Features

Bedrooms
3
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,358 Sq.Ft
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
Circuit Breakers

Exterior Features

Lot Size
3,521 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

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

Listing information

Listing agent
Jeffrey Stephens
Listing office
Compass
MLS PIN #
73019665
Disclosure
Unit #2 leased thru 8/31/22. Net operating income auto-populated unit 2 rent times 12 months. Gross annual income reflects property when units were previously rented. See Agent for details.