38 Fairmount Avenue Somerville MA 02144 MLS #73230968

38 Fairmount Avenue
Somerville, MA, 02144
$1,650,000
5 Beds
3 Baths
3,442 SqFt
0.08 Acres
$1,650,000
38 Fairmount Avenue
Somerville, MA, 02144
Open House May 19, 2024
01:00 – 02:30
Introducing 38 Fairmount Ave in Somerville, a brilliant investment opportunity with guaranteed rental income. Within the walls of this two family spans a tale of familial roots. For decades one family has lovingly called it home. Nestled within the Teele, Davis and Ball Square neighborhoods, the demand for these apartments will continue to grow. With separate entrances, each unit exudes a sense of spaciousness and comfort, inviting tenants to settle in and make it their own. Around the corner from Tufts University and close to the Minuteman Bikeway and major highways, Route 2 and 93. Schedule a private viewing today.

Property Details

Price:
$1,650,000
MLS #:
73230968
Status:
Active
Beds:
5
Baths:
3
Address:
38 Fairmount Avenue
Type:
Multi Family
City:
Somerville
Listed Date:
May 1, 2024
State:
MA
Finished Sq Ft:
3,442
ZIP:
02144
Lot Size:
3,484 sqft / 0.08 acres (approx)
Year Built:
1910

Schools

Interior

Bathrooms
3 Full Bathrooms
Flooring
Hardwood

Exterior

Community Features
Public Transportation, Shopping, Walk/ Jog Trails, Bike Path, Highway Access, Public School
Construction Materials
Frame, Brick
Parking Features
Paved Drive, Off Street, Tandem
Parking Spots
2
Roof
Slate

Financial

Buyer Agent Compensation
2%
Net Operating Income
$70,800
Tax Year
2024
Taxes
$9,883
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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38 Fairmount Avenue
Somerville, MA