21 Cutter Avenue

    Somerville, MA 02144
    • $1,585,000
    • STATUS: Price Changed
    • MLS #: 72550339
    Price Reduced
    $1,585,000
    • 6
      BEDS
    • 0.05
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,835
      SQFT
    • $559
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Susan Condrick of Gibson Sotheby's International Realty.

    Description

    Fantastic opportunity to invest in Davis Square. This three-family home offers a great location, key updates, and strong rental history. Each unit consists of 4 rooms, an updated full bathroom, renovated eat-in-kitchens and refinished wood floors throughout. Unit 1 and 2 have in-unit laundry. Units 2 and 3 have new kitchen cabinets and granite countertops. All units have newer upgraded appliances.The current owners have redone the electrical, adding a common area panel, had the yard professionally landscaped, added a retaining wall and sprinkler system. There's even coin-op laundry in the basement used exclusively by the 3rd floor. Renting at $2800+ (unit1), $2950+ (unit2) and $2600+ (unit 3) per month, and all with leases through 8/31/20, there's $8350/month in income with low monthly expenses. Walkscore of 95, Bikescore of 96, the Davis Sq Redline T station around the corner plus all the restaurants and shops Davis Square has to offer.

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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. Data last updated 2019-09-16T23:47:39.857.
    www.coastalnewenglandproperties.com/homes/97983449

    21 Cutter Avenue Somerville, MA 02144

    • Price: $1,585,000
    • Status: Price Changed
    • MLS #: 72550339
    6
    Beds
    3
    Baths
    0
    ½ Baths
    0.05
    Acres
    2,835
    SQFT
    $559
    $/SQFT
    1900
    Built
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    Property Description
    Fantastic opportunity to invest in Davis Square. This three-family home offers a great location, key updates, and strong rental history. Each unit consists of 4 rooms, an updated full bathroom, renovated eat-in-kitchens and refinished wood floors throughout. Unit 1 and 2 have in-unit laundry. Units 2 and 3 have new kitchen cabinets and granite countertops. All units have newer upgraded appliances.The current owners have redone the electrical, adding a common area panel, had the yard professionally landscaped, added a retaining wall and sprinkler system. There's even coin-op laundry in the basement used exclusively by the 3rd floor. Renting at $2800+ (unit1), $2950+ (unit2) and $2600+ (unit 3) per month, and all with leases through 8/31/20, there's $8350/month in income with low monthly expenses. Walkscore of 95, Bikescore of 96, the Davis Sq Redline T station around the corner plus all the restaurants and shops Davis Square has to offer.
    Exterior Features

    Beachfront No Color Greige Construction Frame Exterior ShinglesWood Exterior Features PorchPatioGuttersProfessional LandscapingSprinkler SystemGarden AreaStone Wall Foundation Irregular Garage Spaces 0 Lot Description CornerLevel Parking Features On Street Permit Parking Spaces 0 Road Type PublicPavedPublicly Maint.Sidewalk Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

    Interior Features

    Appliances Unit1 RangeDishwasherDisposalMicrowaveRefrigeratorWasherDryer Appliances Unit2 RangeDishwasherDisposalMicrowaveRefrigeratorWasherDryer Appliances Unit3 RangeDishwasherDisposalMicrowaveRefrigeratorOther (See Remarks) Basement Yes Basement Features FullInterior AccessUnfinished Basement Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 2 Cooling Unit1 None Cooling Unit2 None Cooling Unit3 None Cooling Units 0 Cooling Zones 0 Energy Features Insulated WindowsInsulated Doors Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Flooring WoodTileVaries Per Unit Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Units 3 Heat Zones 3 Heating Unit1 Central HeatForced AirIndividualUnit Control Heating Unit2 Central HeatForced AirGasIndividualUnit Control Heating Unit3 Central HeatForced AirGasIndividualUnit Control Hot Water Natural Gas Interior Features Unit1 PantryPicture WindowWood FlooringRemodeled Interior Features Unit2 Balcony/DeckUpgraded CountertopsWood Flooring Interior Features Unit3 Stone/Granite/Solid CountersUpgraded CountertopsWood FlooringRemodeled Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Rooms 12 Rooms Description Unit1 Living RoomKitchenLaundry Rooms Description Unit2 Living RoomKitchenLaundry Rooms Description Unit3 Living RoomKitchen Rooms Unit1 4 Rooms Unit2 4 Rooms Unit3 4

    Property Features

    Amenities Public TransportationShoppingParkWalk/Jog TrailsBike PathPrivate SchoolPublic SchoolT-StationUniversity Apod Available No Assessments 1032300.00 Disclosure No Electric Features Circuit BreakersCommonIndividually Metered Exclusions Tenants Belongings Expenses Source Owner Provided Gross Operating Income 100200 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lender Owned No Multifamily Type 3 Family Net Operating Income 97380 Rent Description Unit1 Water Rent Description Unit2 Water Rent Description Unit3 Water Rent Unit1 2800 Rent Unit2 2950 Rent Unit3 2600 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2019 Taxes 11108.00 Utility Connections For Gas Range Water City/Town Water Year Built Description Renovated Since Year Built Source Public Record Year Round Yes Zoning Rb

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Susan Condrick of Gibson Sotheby's International Realty.


    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. Data last updated 2019-09-16T23:47:39.857.
     
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    Listing courtesy of Susan Condrick of Gibson Sotheby's International Realty.