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.
Sold
$1,050,000
53 Sargent Ave, Somerville, MA 02145
5beds
3,644sqft
3 Family - 3 Units Up/Down
Built in 1905
-- sqft lot
$1,130,900 Zestimate®
$288/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: January 03, 2024 at 12:11pm
Listed by:
Rodney Sinclair,
Keller Williams Realty Evolution
Bought with:
ChiChi Liao
Harvard Realty Advisors, LTD
Source: MLS PIN,MLS#: 73178851
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Features
- Kitchen
- Flooring: Wood, Carpet
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 3,644
- Total interior livable area: 3,644 sqft
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive, Off Street, Tandem
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Exterior features: Balcony
- Fencing: Fenced
- Has view: Yes
- View description: City
Lot
- Size: 3,049 sqft
Details
- Parcel number: M:71 B:D L:17,757751
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship
Location
- Region: Somerville
HOA & financial
Other financial information
- Total actual rent: 7300
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
$1,130,900
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
$1,130,900