ATTENTION INVESTORS...Rare to market turnkey brick 4 family in the heart of Winter Hill GENERATING OVER 13K+ PER MONTH!! ($162,240.00 ANNUALLY) The building contains a nice mixture of units including one 3 bedroom 2.5 bath, one 3 bedroom 1 bath, one 2 bedroom 2 bath and one 2 bed 1bath. All units have been renovated within the last 4 years and feature granite countertops, stainless steel appliances including dishwashers, hardwood floors throughout, new windows, ETC. One unit has a washer and dryer other units have coin op laundry available. 5 parking spaces and located 4/10th of a mile from the new Magoon Square Greenline stop. This property has a walk score of 88. 17 Sycamore Terrace is an outstanding opportunity for a solid investment in the red hot Somerville rental market!!
— MLSPIN #: 73364537Map of 17 Sycamore Terrace, Somerville, MA 02145
List Price: | $1,939,000 |
---|---|
Status: | Price Change |
MLS ID: | 73364537 |
Town: | Somerville |
Neighborhood: | Winter Hill |
County: | Middlesex |
Zip: | 02145 |
Property Type: | Residential Income |
Property Sub Type: | 4 Family |
Bedrooms: | 10 |
Full Baths: | 6 |
Half Baths: | 1 |
Living Area: | 4,134 sqft |
Acres: | 0.1 |
Taxes: | 20,036 |
Flooring: | Wood |
Parking Features: | Paved Drive, Off Street |
Status: | Active |
Water Source: | Public |
Year Built: | 1900 |
Roof: | Shingle |
Directions: | Sycamore St. to Sycamore Terr. |
Foundation Details: | Stone |
Construction Materials: | Brick |
Listing Contract Date: | 2025-04-24 |
Lot Size Area: | 0.1 |
Lot Size Square Feet: | 4,389 |
Rooms Total: | 20 |
Bathrooms Total Integer: | 7 |
Building Area Source: | Public Records |
Building Area Total: | 4,134 |
Community Features: | Public Transportation, Shopping, Park |
Interior Features: | Laundry Room |
Levels: | 4 |
Living Area Units: | Square Feet |
Lot Size Units: | Acres |
Number Of Units Total: | 4 |
Open Parking?: | Yes |
Parcel Number: | 754768 |
Sewer: | Public Sewer |
Zoning: | RES |
Exclusions: | Tenants Belongings. |
Stories Total: | 4 |
Year Built Source: | Public Records |
Electric Expense: | $597 |
Farm Land Area Units: | Square Feet |
Gross Income: | $162,240 |
Gross Scheduled Income: | $2,440 |
Insurance Expense: | $5,925 |
Listing Agreement: | Exclusive Right To Sell |
Listing Terms: | Other (See Remarks) |
Apod Available: | Yes |
Color: | Red |
Comp Based On: | Net Sale Price |
Disclosure: | No |
Dpr Flag: | No |
Flrs 1: | 1 |
Flrs 2: | 1 |
Flrs 3: | 2 |
Flrs 4: | 2 |
Gre: | 38,602 |
Lead Paint: | Unknown |
Lease 1: | Yes |
Lease 2: | Yes |
Lease 3: | Yes |
Lease 4: | Yes |
Levels 1: | 1 |
Levels 2: | 1 |
Levels 3: | 1 |
Levels 4: | 1 |
Listing Alert: | No |
List Price Per Sqft: | $469.04 |
Page: | 298 |
Price Per Sqft: | $469.04 |
Square Feet Incl Base: | No |
Sub Agency Offered: | No |
Year Round: | Yes |
Net Operating Income: | $143,437 |
Operating Expense: | $38,602 |
Original List Price: | $1,999,900 |
Parking Total: | 5 |
Tax Assessed Value: | $1,836,500 |
Tax Year: | 2024 |
Total Actual Rent: | $13,400 |
Water Sewer Expense: | $7,501 |
Year Built Details: | Unknown/Mixed |
Waterview Flag: | No |
Bedrms 1: | 2 |
Bedrms 2: | 2 |
Bedrms 3: | 4 |
Bedrms 4: | 3 |
F Bths 1: | 2 |
F Bths 2: | 1 |
F Bths 3: | 2 |
F Bths 4: | 1 |
H Bths 3: | 1 |
Rent1: | 3,000 |
Rent2: | 2,975 |
Rent3: | 4,200 |
Rent4: | 3,225 |
Disclaimer:
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on June 14, 2025 02:55 PM
Property Last Updated: June 13, 2025 01:38 PM
Listing Courtesy of: Steve Bremis Realty Group
Listing Agent: The Steve Bremis Team
617-828-1070