53 Sargent Ave, Somerville, MA 02145

$1,050,000
5
BD
4
BA
3,644
SqFt
Sold Price
$1,050,000
List Price
$1,295,999
Status
SOLD
MLS#
73178851
Bedrooms
5
Bathrooms
4
Full Baths
4
Living Area
3,644
Lot Size (Acres)
0.07
Year Built
1905

Property Description

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.

Additional Information

Area
Winter Hill
Taxes
$12,657
Interior Features
Unit 1(Bathroom With Tub & Shower,Internet Available - Broadband), Unit 2(Ceiling Fans,Bathroom With Tub & Shower,Internet Available - Broadband), Unit 3(Ceiling Fans,Bathroom with Shower Stall,Internet Available - Broadband), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Mudroom), Unit 3 Rooms(Living Room,Kitchen)
Parking Description
Paved Drive, Off Street, Tandem
View
City
Water
Public
Sewer
Public Sewer
Elementary School
Winter Hill
Middle School
Next Wave
High School
Somerville High

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Rodney Sinclair from Listing Office: Keller Williams Realty Evolution.

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