$1,625,000
9
Beds
3
Baths
3,327
Living Area
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Property Description
Exceptional value-add opportunity in Somerville’s highly desirable Union Square/Boynton Yards neighborhood. MR5 zoning may offer additional potential through future expansion or redevelopment, w/ the possibility of increasing living area and rental income, subject to zoning, permitting and other applicable approvals (buyer to independently verify). 63 Webster Ave is a well-maintained 3-family offering approximately 3,336 square feet of living area with 15 rooms, 9 bedrooms & 3 baths. Ideally located steps from the Union Square Green Line T station, with convenient access to Cambridge, Kendall Square, Inman Square and Boston. Fully leased until 8/31/2027. Numerous capital improvements include roof replacement, updated siding and hardwood floors, electrical upgrades, basement coin-operated laundry, driveway pavers, a fully renovated first-floor apartment, and recent basement plumbing and concrete work. Current rents are below market, creating future income-growth potential, while MR5 zoning offers an additional avenue to unlock value through future expansion or redevelopment. Backyard patio & 1-car off-street parking. Private showings w/ 24 hours notice.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1910
- Parking Spots: 1
- Property Type: 3 Family
- Total Rooms: 15
- Status: Active
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator
- Construction: Frame
- Foundation: Stone, Brick/Mortar
- Lot Features: Gentle Sloping
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Full
- Flooring: Hardwood, Stone/Ceramic Tile
- Interior Features: Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Mr5
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School, T-Station
- Parking Features: Off Street
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,595,000
- Taxes: $17,513
- Tax Year: 2026
- Total Rent: $9,226
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Listing information provided courtesy of RE/MAX Real Estate Center.
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