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Home Massachusetts Multi-Family Homes for Sale

17 Sycamore Terrace Somerville, MA 02145
11 Days on Jacob Realty
35
$1,999,900
Total Beds: 10 Total Baths: 7
Total Units: 4 SQFT: 4134
LOT size: 0.10 Acres
17 Sycamore Terrace
Somerville, MA 02145
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Property Description

ATTENTION INVESTORS...Rare to market turnkey brick 4 family in the heart of Winter Hill GENERATING OVER 13K+ PER MONTH!! ($157,400.00 ANNUALLY) The building contains a nice mixture of units including one 3 bedroom 2.5 bath, one 3 bedroom 1 bath, one 2 bedroom 2 bath and one 2 bed 1bath. All units have been renovated within the last 4 years and feature granite countertops, stainless steel appliances including dishwashers, hardwood floors throughout, new windows, ETC. One unit has a washer and dryer other units have coin op laundry available. 5 parking spaces and located 4/10th of a mile from the new Magoon Square Greenline stop. This property has a walk score of 88. 17 Sycamore Terrace is an outstanding opportunity for a solid investment in the red hot Somerville rental market!!
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Property Details

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 10
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Amenities: Park, Public Transportation, Shopping

Financial

  • APOD Available: Yes
  • Gross Operating Income: 157440
  • Gross Expenses: 38602
  • GSE: 2440
  • Electric Expenses: 597
  • Water/Sewer: 9501
  • INSC: 5925
  • Net Operating Income: 98284

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

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

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Construction Type: Brick
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73364537
  • Last Updated: 05/02/25
  • Terms: Other (See Remarks), Special

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Map

Seller's Representative: The Steve Bremis Team, Steve Bremis Realty Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net 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 2025-05-02 18:26:00

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