53 Sargent Avenue
53 Sargent Avenue
$1,050,000
5
4
3,644
3,644
$288
Sold 1/3/24
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...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.
- Listed by Rodney Sinclair • J. Barrett & Company
Property Details for 53 Sargent Avenue
Town
Somerville
MLS AreaWinter Hill
AreaMA-Somerville-Winter Hill, MA-Somerville
Garage Spaces0
Parking Spaces3.00
Parking Spaces Total3
Location
LISTING UPDATED: 01/03/2024 03:11 PM
Property Details for 53 Sargent Avenue
Status | Sold |
---|---|
MLS # | 73178851 |
Days on Market | 22 |
Taxes | $12,657 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 3 Family - 3 Units Up/Down |
Year Built | 1905 |
County | Middlesex County |
Location
Building Information for 53 Sargent Avenue
Stories6Residences3Year Built1905Building Size-Lot Size0.07 AC / 3,049 SF
Payment Calculator
$6,785 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 53 Sargent Avenue
Property History for 53 Sargent Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 53 Sargent Avenue
Taxable ValueLand$442,400Additions$791,300Total$1,233,700
Tax Record2024$12,979 ($1,082 / month)
Home Facts
Baths4Total Finished SqFt3,223 SqFtAbove Grade Finished SqFt3,223 SqFtStories3Lot Size3,049 SqFtStyleMulti-Family Res (5+ Units)Year Built1905ZoningRBCountyMIDDLESEXAPNSOME M:71 B:D L:17
Schools near 53 Sargent Avenue
This home is within Somerville School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Winter Hill Community School PublicPK to 8 | ||
Next Wave Junior High School Public7 to 8 | ||
Somerville High School Public9 to 12 | ||
Full Circle High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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