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.
Sold
$1,500,000
16 Curtis St, Somerville, MA 02144
6beds
3,425sqft
3 Family
Built in 1910
-- sqft lot
$1,526,000 Zestimate®
$438/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: March 08, 2024 at 04:11pm
Listed by:
Romeo Zeqo,
Best Boston Realty, LLC
Bought with:
The Real Estate Randy Team
Compass
Source: MLS PIN,MLS#: 73187019
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Basement: Full
- Number of fireplaces: 2
Interior area
- Total structure area: 3,425
- Total interior livable area: 3,425 sqft
Property
Parking
- Total spaces: 7
- Parking features: Paved Drive, Off Street
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch, Deck, Deck - Wood
- Exterior features: Balcony, Rain Gutters
Lot
- Size: 4,791 sqft
Details
- Parcel number: 747983
- Zoning: RA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Foundation: Block
Condition
- Year built: 1910
Utilities & green energy
- Electric: 110 Volts, 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Somerville
HOA & financial
Other financial information
- Total actual rent: 7400
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,526,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,526,000