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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 Somervilles 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.
property details
Type
Duplex, Multi-Family
Status
Closed
County
Middlesex
Year Built
1900
Beds
9
Full Baths
4
Sq. Ft.
3,175
Lot Size
3,049 Sq. Ft., 0.1 acres
Listing Id
73055603
Courtesy Of
John Pentore - Horvath & Tremblay +1 781 776 4000
List Office Phone
+1 781 776 4000
Interior Features
Appliances
Gas Water Heater
Living Area Units
Sq. Ft.
Rooms Total
13
Full Baths
4
Bathrooms Total
4
Exterior Features
Roof
Slate
Lot/Land Description
Other
Parking
Tandem
Foundation
Other
Parking Spaces
4
Utility & Building Info
Sewer
Public Sewer
Parcel Number
749097
Water Source
Public
Tax Amount
15547
Building Area Total
3,175 Sq. Ft.
Price Per Sq Ft
$438
Architectural Style
Other
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 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 or leasing 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 or leasing. 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.
Market Trends
Source: Constellation1
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