1,625,000

House for sale Somerville

Overview

SUMMARY: Discover an opportunity with this Somerville house for sale and available for 1,625,000. This could be your next ideal home or a smart investment. More details await.
Exceptional value-add opportunity in Somerville's highly desirable Union Square/Boynton Yards neighborhood. MR5 zoning may offer additional potential through future expansion or redevelopment, w/ the possibility of increasing living area and rental income, subject to zoning, permitting and other applicable approvals (buyer to independently verify). 63 Webster Ave is a well-maintained 3-family offering approximately 3,336 square feet of living area with 15 rooms, 9 bedrooms and 3 baths. Ideally located steps from the Union Square Green Line T station, with convenient access to Cambridge, Kendall Square, Inman Square and Boston. Fully leased until 8/31/2027. Numerous capital improvements include roof replacement, updated siding and hardwood floors, electrical upgrades, basement coin-operated laundry, driveway pavers, a fully renovated first-floor apartment, and recent basement plumbing and concrete work. Current rents are below market, creating future income-growth potential, while MR5 zoning offers an additional avenue to unlock value through future expansion or redevelopment. Backyard patio and 1-car off-street parking. Private showings w/ 24 hours notice.
Request details

Details

  • Beds: 9
  • Baths: 3
  • Price: 1,625,000
  • Reference No.: 96231544
  • Area: 3,327 sqft

Location

Marketed by:

  • Ed Abrams
Request details
Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.


Viewed 3 times.