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Under Agreement Status Multi-Family
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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.

Address: 21 Cutter Avenue
State: MA
City: Somerville
County: Middlesex
Zip Code: 02144
MLS#: 72550339
MLS Area:
Taxes: $11,108

Interior Details

  • Appliances:
  • Amenities:Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Private School, Public School, T-Station, University
  • Features:
  • Furnished:
  • Floor Type:Wood, Tile, Varies Per Unit
  • Cooling:
  • Heating:
  • Basement Details:Full,Interior Access,Unfinished Basement
  • Extras:Insulated Windows,Insulated Doors
  • Other Rooms:12

Exterior Details

  • Home Construction
  • Features:Porch, Patio, Gutters, Professional Landscaping, Sprinkler System, Garden Area, Stone Wall
  • Exposure:
  • Roof Type:Asphalt/Fiberglass Shingles
  • Garage Spaces:
  • Pool:No
  • Utilities:for Gas Range
  • Lot Description:Corner,Level
  • Lot Size:2389.00
  • Parking:On Street Permit
  • Foundation:Irregular
  • Exterior:Shingles,Wood
  • Sewer:City/Town Sewer

Community Details

  • Restrictions:tenants belongings
  • Misc:3 Family

Rental Information

  • Rental Income:$0
  • Rental Number:0
  • Directions:Elm Street to Cutter Avenue. At corner of Hawthorne.

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Property Information Last Updated: 11/20/2019 10:43:01 AM
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