Location + Cash Flow - What else could you be looking for in an investment property? This Winter Hill 3-family is perfect for the smart investor looking for a secure cash flow investment with plenty of future upside! The current owner has owned and managed this property for 50 years and has meticulously maintained every inch of the property for his tenants over the years. In addition to the 3 leased units, the basement is finished and has the potential for expansion and extra rental income. Amenities include highway access to Route 93, close proximity to Somerville's Assembly Row, Davis Square and Tufts University, and beautiful views of downtown Boston. After expenses, the property cash flows over $60,000 each year with plenty of rental upside in the future. Come by and see this turnkey investment property and close out before the end of the year! Open Houses will be Saturday, November 11th, from 12 - 2pm, and Sunday, November 12th, from 11 - 1pm.
Sold for $1,050,000
$1,050,000
53 Sargent Ave, Somerville, MA 02145
5beds
3,644sqft
3 Family - 3 Units Up/Down
Built in 1905
-- sqft lot
$1,525,400 Zestimate®
$288/sqft
$4,727 Estimated rent
Home value
$1,525,400
$1.33M - $1.75M
$4,727/mo
Zestimate® history
Owner options
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$4,727/mo
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$4,727/mo
Rent Zestimate®
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$6,528/mo
Est. payment
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$6,528/mo
Est. payment
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Davis square
Zillow last checked:
Listing updated:
Listed by:
Rodney Sinclair 617-759-4349,
Keller Williams Realty Evolution 978-927-8700
Bought with:
ChiChi Liao
Harvard Realty Advisors, LTD
Source: MLS PIN,MLS#: 73178851
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Range, Dishwasher, Refrigerator, Washer, Dryer, Oven
Features
- Bathroom With Tub & Shower, Internet Available - Broadband, Ceiling Fan(s), Bathroom with Shower Stall, Living Room, Dining Room, Kitchen, Mudroom
- Flooring: Wood, Carpet, Hardwood
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 3,644
- Total interior livable area: 3,644 sqft
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive, Off Street, Tandem
- Uncovered spaces: 3
Features
- Patio & porch: Porch
- Exterior features: Balcony, Rain Gutters
- Fencing: Fenced
- Has view: Yes
- View description: City
Lot
- Size: 3,049 sqft
Details
- Additional structures: Shed(s)
- Parcel number: M:71 B:D L:17,757751
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship
Location
- Region: Somerville
HOA & financial
Other financial information
- Total actual rent: 7300
Price history
| Date | Event | Price |
|---|---|---|
| 1/3/2024 | Sold | $1,050,000-19%$288/sqft |
Source: MLS PIN #73178851 Report a problem | ||
| 11/16/2023 | Contingent | $1,295,999$356/sqft |
Source: MLS PIN #73178851 Report a problem | ||
| 11/9/2023 | Listed for sale | $1,295,999-7.4%$356/sqft |
Source: MLS PIN #73178851 Report a problem | ||
| 8/10/2023 | Listing removed | $1,400,000$384/sqft |
Source: MLS PIN #73087461 Report a problem | ||
| 5/30/2023 | Price change | $1,400,000-6.6%$384/sqft |
Source: MLS PIN #73087461 Report a problem | ||
| 3/30/2023 | Price change | $1,499,000-6.3%$411/sqft |
Source: MLS PIN #73087461 Report a problem | ||
| 3/14/2023 | Listed for sale | $1,599,000+59.9%$439/sqft |
Source: MLS PIN #73087461 Report a problem | ||
| 8/5/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/2/2022 | Price change | $2,500+13.6%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/3/2022 | Listing removed | -- |
Source: MLS PIN #72813791 Report a problem | ||
| 4/20/2022 | Listed for sale | $999,999-44.3%$274/sqft |
Source: MLS PIN #72969007 Report a problem | ||
| 7/9/2021 | Listing removed | $1,795,000$493/sqft |
Source: MLS PIN #72813791 Report a problem | ||
| 6/9/2021 | Listed for rent | $2,200-2.2%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 4/25/2021 | Price change | $1,795,000+2.6%$493/sqft |
Source: MLS PIN #72813791 Report a problem | ||
| 4/25/2021 | Price change | $1,750,000-5.4%$480/sqft |
Source: REX Real Estate Report a problem | ||
| 3/27/2021 | Listed for sale | $1,850,000-6.5%$508/sqft |
Source: REX Real Estate Report a problem | ||
| 7/4/2020 | Listing removed | $2,250$1/sqft |
Source: Cambridge Portfolios LLC Report a problem | ||
| 6/30/2020 | Listed for rent | $2,250$1/sqft |
Source: Cambridge Portfolios LLC Report a problem | ||
| 8/26/2019 | Listing removed | $2,250$1/sqft |
Source: Cambridge Portfolios LLC Report a problem | ||
| 7/8/2019 | Listed for rent | $2,250+18.4%$1/sqft |
Source: Cambridge Portfolios LLC Report a problem | ||
| 2/12/2019 | Listing removed | $1,979,000$543/sqft |
Source: Engel & Volkers Boston #72439099 Report a problem | ||
| 1/9/2019 | Listed for sale | $1,979,000+4.1%$543/sqft |
Source: Engel & Volkers Boston #72439099 Report a problem | ||
| 12/2/2018 | Listing removed | $1,900,941$522/sqft |
Source: Properties Central Realty #72404391 Report a problem | ||
| 10/2/2018 | Listed for sale | $1,900,941$522/sqft |
Source: Properties Central Realty #72404391 Report a problem | ||
| 9/4/2017 | Listing removed | $1,900$1/sqft |
Source: Brandon Keane -- w/ Benoit Realty Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,460 +3.7% | $1,233,700 |
| 2024 | $12,979 +2.5% | $1,233,700 +0.8% |
| 2023 | $12,657 +7.3% | $1,224,100 +5.7% |
| 2022 | $11,793 +4.6% | $1,158,400 +4.7% |
| 2021 | $11,275 +8.8% | $1,106,500 +7.7% |
| 2020 | $10,365 +13.4% | $1,027,300 +20.9% |
| 2019 | $9,140 +5.1% | $849,400 +10.4% |
| 2018 | $8,700 +5.7% | $769,200 +9.1% |
| 2017 | $8,227 +9.2% | $705,000 +17.3% |
| 2016 | $7,531 | $601,000 |
Find assessor info on the county website
Neighborhood: Winter Hill
Nearby schools
GreatSchools rating
- 3/10Winter Hill Community SchoolGrades: PK-8Distance: 0.3 mi
- 6/10Somerville High SchoolGrades: 9-12Distance: 0.3 mi
- 4/10East Somerville Community SchoolGrades: PK-8Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Winter Hill
- Middle: Next Wave
- High: Somerville High
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,525,400
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
$1,525,400
- Massachusetts
- Middlesex County
- Somerville
- 02145
- Winter Hill
- 53 Sargent Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
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