53 Sargent Ave, Somerville MA 02145
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.
Sale Statistics
This property sold for 19.0% below the original asking price.
With only 19 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
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Parking & Garage
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Financial & Tax Information
Additional Details
Location
Neighborhood
Winter Hill
53 Sargent Ave, Somerville MA 02145
Somerville, MA 02145
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Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Jan 3, 2024Listed for Sale
Nov 9, 2023| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 01/03/2024 | ✓ Sold | $1,050,000 | - | - | Property sold |
| 11/09/2023 | 🏠 Listed for Sale | $1,295,999 | - | - | Original listing |