Sold!
$1,050,000
5
Beds
4
Baths
3,644
Living Area
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Property 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 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.
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Highlights
- Area: Winter Hill
- Has View: Yes
- Parking Spots: 3
- Property Type: 3 Family - 3 Units Up/Down
- Year Built: 1905
- Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
- Heating: Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard), Unit 3(Hot Water Baseboard)
- Property Class: Residential Income
- Total Rooms: 16
- Status: Closed
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Additional Details
- Appliances: Unit 1(Range, Dishwasher, Refrigerator, Washer, Dryer, Oven - ENERGY STAR), Unit 2(Dishwasher, Refrigerator, Oven - ENERGY STAR), Unit 3(Dishwasher, Refrigerator, Oven - ENERGY STAR)
- Construction: Frame
- Flooring: Wood, Carpet, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
- Interior Features: Unit 1(Bathroom With Tub & Shower, Internet Available - Broadband), Unit 2(Ceiling Fans, Bathroom With Tub & Shower, Internet Available - Broadband), Unit 3(Ceiling Fans, Bathroom with Shower Stall, Internet Available - Broadband), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Mudroom), Unit 3 Rooms(Living Room, Kitchen)
- Roof: Shingle
- View: City
- Year Built Source: Public Records
- Basement: Finished
- Exterior Features: Porch, Balcony, Gutters, Storage Shed, Fenced Yard, City View(s)
- Foundation: Stone
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Details: Approximate
- Zoning: Rb
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Amenities
- Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship
- Parking Features: Paved Drive, Off Street, Tandem
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,224,100
- Compensation Based On: Gross/Full Sale Price
- Rental Fee Includes: Unit 1(Water, Hot Water), Unit 2(Water, Hot Water), Unit 3(Water, Hot Water)
- Taxes: $12,657
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Tax Year: 2023
- Total Rent: $7,300
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Harvard Realty Advisors, LTD.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
