$1,500,000
$1,499,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
16 Curtis Street Somerville, MA 02144
6 Beds
3 Baths
3,425 SqFt
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,425 sqft
Price per Sqft $437
MLS Listing ID 73187019
Sold Date 03/07/24
Bedrooms 6
Full Baths 3
Year Built 1910
Annual Tax Amount $15,375
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type 3 Family
Property Description
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.
Location
State MA
County Middlesex
Area Teele Square
Zoning RA
Direction Please Use GoogleMaps.
Rooms
Basement Full
Interior
Fireplaces Number 2
Exterior
Exterior Feature Balcony, Rain Gutters
Garage Spaces 2.0
Total Parking Spaces 9
Garage Yes
Building
Story 6
Foundation Block
Sewer Public Sewer
Water Public
Others
Senior Community false
Read Less
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