53 Lowden Avenue Somerville MA 02144 MLS #73221280

53 Lowden Avenue
Somerville, MA, 02144
$1,499,900
5 Beds
3 Baths
3,244 SqFt
0.09 Acres
$1,499,900
53 Lowden Avenue
Somerville, MA, 02144
OPEN HOUSES CANCELED. OFFER ACCEPTED. WOW!! AMAZING LOCATION IN WEST SOMERVILLE! 3-FAMILY OPPORTUNITY! Situated in Ball Square, this property is a commuter’s dream house & has been in the same family for over 70 years. A quick walk to Davis & Ball Squares as well as Tufts University, Red & Greenline T stations. 1st & 2nd units each boast 2 bedrooms, dining room, living room, bath as well as front & back decks. The 3rd unit is equipped w/ 1BR, LR & updated kitchen. The 1st unit is vacant as of 4/1, ready for owner occupied buyers or adding income producing tenants & 2nd unit will be vacant 6/30. 3rd unit lease expires 8/31. Common backyard is great for outdoor gatherings, 2 car garage + 4 car parking are incredible perks in city living. 1st FL unit & basement laundry facilities provide added rent values Whether searching for an investment property or owner occupied, this is it! This property is an excellent source of revenue for investor or owner-occupied buyer.

Property Details

Price:
$1,499,900
MLS #:
73221280
Status:
Pending
Beds:
5
Baths:
3
Address:
53 Lowden Avenue
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
City:
Somerville
Listed Date:
Apr 8, 2024
State:
MA
Finished Sq Ft:
3,244
ZIP:
02144
Lot Size:
4,037 sqft / 0.09 acres (approx)
Year Built:
1902

Schools

Elementary School:
Bgbs
Middle School:
John F Kennedy
High School:
Shs

Interior

Appliances
Washer, Dryer, Oven, Range, Refrigerator, Dishwasher, Microwave, Range Hood
Bathrooms
3 Full Bathrooms
Cooling
None
Flooring
Tile, Vinyl, Laminate, Hardwood, Wood
Heating
Steam, Oil, Individual, Unit Control, Hot Water
Laundry Features
Washer Hookup, Dryer Hookup, Gas Dryer Hookup, Electric Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T- Station, University
Construction Materials
Brick, Stone
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
4
Roof
Shingle

Financial

Buyer Agent Compensation
2%
Net Operating Income
$82,800
Tax Year
2024
Taxes
$14,009
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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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53 Lowden Avenue
Somerville, MA