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Not Available - Off MarketPrice Reduced $801,000
24
$1,949,000
Total Beds: 10 Total Baths: 4
Total Units: 4 SQFT: 4467
LOT size: 0.09 Acres
64 Winslow Ave
Somerville, MA 02144
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This Property is No Longer Available

Property Description

Location! Location! Location! Rare 4 family investment property located in the heart of Davis Square on lovely tree-lined street. Current strong income situation for an investor with great upside potential. Spacious units with tile baths and kitchens, 3 units with in unit laundry, hardwood floors throughout most units. The first floor units have 2 bedrooms and the upper floor (2 level units) have 3 bedrooms. Walk score of 97, close to public transportation, the Somerville Community Bike Path, Tufts University, restaurants, coffee shops, shopping, and all the nightlife Davis Square has to offer. All 4 units have one year leases. Great opportunity for the savvy investor to add this prime Somerville location to their portfolio.

Property Details

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 10
  • Total Full Baths: 4
  • Amenities: Medical Facility, Park, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Unfinished Basement

Financial

  • APOD Available: No
  • Gross Operating Income: 127800
  • Gross Expenses: 4000
  • INSC: 4000
  • Net Operating Income: 123800

Utilities

  • Utility Connections: for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Floors: 1

Unit 4 Description

  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1930
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73167358
  • Last Updated: 04/25/24

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Map

Seller's Representative: Shane Marrion, Benoit Real Estate Group ,LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 2
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-04-25 20:14:00

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