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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 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.

MLS Listing ID: 73055603
Listing Price: $1,350,000
Listing Status: Contingent [?]
Property Type: Multi Family
Bedrooms: 9
Full Baths: 4
Living Space: 3175 sf.
Lot Size: 0.07 acres (3049 sf.)
Parking: Yes
Taxes: $15,547.00
Tax Year: 2023

Listing Current as of November 26, 2022 6:00am

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