63 Simpson Avenue offers the ability to add value to a well-constructed building and the rare opportunity to acquire an exceptionally well-located asset in one of the hottest real estate markets in a region that is poised for future growth. Located in Somerville’s Davis Square neighborhood, the Property is only 4 blocks from the Davis MBTA Station with service on the Red Line and unparalleled access to Tufts University. The Property consists of a three-story building with two (2) duplex units consisting of one (1), 4-Bedroom/2-Bathroom duplex unit and one (1), 5-Bedroom/2-Bathroom duplex unit with 3,175 square feet of living area in 4,861 square feet of gross area, on a 0.07-acre parcel. The current owner has made many updates throughout the course of ownership providing the opportunity to raise rents to market with the existing condition or to renovate the units to condo-quality to raise rents even further.
Sold for $1,390,000 on 01/06/23
$1,390,000
63 Simpson Ave, Somerville, MA 02144
9beds
3,175sqft
Duplex
Built in 1900
-- sqft lot
$1,746,300 Zestimate®
$438/sqft
$5,450 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 23, 2023 at 08:50am
Listed by:
John Pentore,
Horvath & Tremblay
Bought with:
Michael Davis
Prime Realty
Source: MLS PIN,MLS#: 73055603
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,175
- Total interior livable area: 3,175 sqft
Property
Parking
- Total spaces: 4
- Parking features: Tandem
Features
- Patio & porch: Porch
Lot
- Size: 3,049 sqft
- Features: Other
Details
- Parcel number: 749097
- Zoning: NR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Other
- Roof: Slate
Condition
- Year built: 1900
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Somerville
HOA & financial
Other financial information
- Total actual rent: 8100
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,746,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,746,300