$1,890,000
8
Beds
4
Baths
3,936
Living Area
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Property Description
Outstanding investment opportunity in the highly desirable Winter Hill neighborhood of Somerville. This well-located 4-family property offers approximately 3,950 SF of living area with strong in-place income and excellent long-term upside in one of Greater Boston’s most competitive rental markets. The building consists of 8 bedrooms and 4 bathrooms across four units, each featuring functional layouts with strong rental appeal. Units include separate utilities, minimizing landlord expenses, and a walk-out basement with private laundry in each unit, adding convenience and value for tenants. Parking is street-based. Leases are structured on yearly terms, providing stable and predictable cash flow.
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Highlights
- Area: Winter Hill
- Levels: 3
- Property Type: 4 Family
- Total Rooms: 18
- Status: Active
- Heating: Oil
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
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Additional Details
- Appliances: Range, Disposal, Refrigerator
- Flooring: Hardwood
- Lot Features: Other
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Busb
- Basement: Partially Finished
- Foundation: Concrete Perimeter
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School, T-Station, University
- Parking Features: On Street, Other
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Utilities
- Electric: 110 Volts
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $444,300
- Tax Year: 2015
- Total Rent: $9,550
- Rental Fee Includes: Unit 1(Water)
- Taxes: $14,680
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