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53 Sargent Ave, Somerville, MA

Somerville · MA 02145

$1,050,000
Price
5
Beds
4
Baths
3644
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1905
Units: 3 Units
Lot size: 3,049 Sq.Ft Lot
Price per square foot: $356 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

Location + Cash Flow - What else could you be looking for in an investment property? This Winter Hill 3-family is perfect for the smart investor looking for a secure cash flow investment with plenty of future upside! The current owner has owned and managed this property for 50 years and has meticulously maintained every inch of the property for his tenants over the years. In addition to the 3 leased units, the basement is finished and has the potential for expansion and extra rental income. Amenities include highway access to Route 93, close proximity to Somerville's Assembly Row, Davis Square and Tufts University, and beautiful views of downtown Boston. After expenses, the property cash flows over $60,000 each year with plenty of rental upside in the future. Come by and see this turnkey investment property and close out before the end of the year! Open Houses will be Saturday, November 11th, from 12 - 2pm, and Sunday, November 12th, from 11 - 1pm.

Neighborhood & Transit

Winter Hill

53 Sargent Ave, Somerville · MA 02145

Nearby transit

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

  • Gilman Square Green 0.24 mi

Price Insight

Days on Market:
1090 days
Listing Price:
$1,295,999
Price per Sq.Ft:
$356
Tax Assessment:
$1,224,100 in 2023
Taxes:
$1,055 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
4
Half Bathrooms
0
Living Area
3,644 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area
Measured area includes basement and porches.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2841
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
3,049 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Wood
Roof
Unknown

Green Features

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

Listing information

Listing agent
Rodney Sinclair
Listing office
Keller Williams Realty Evolution
MLS PIN #
73178851
Disclosure
Unit 3 (1-bedroom unit) is unavailable during the open houses, but photos are provided.
Disclosure
Measured area includes basement and porches.