63 Webster Ave, Somerville, MA 02143
- $1,625,000
- 9
- BD
- 3
- BA
- 3,327
- SqFt
- List Price
- $1,625,000
- Status
- NEW
- MLS#
- 73581719
- Bedrooms
- 9
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 3,327
- Lot Size (Acres)
- 0.05
- Year Built
- 1910
Property Description
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 & 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 & 1-car off-street parking. Group showings only. Thursday 9/24 at noon; Friday 9/25 at 5:30 pm; Saturday 9/26 at noon, Monday 9/28 at 5:30 pm. Offer deadline, Wednesday 9/30 at 1 pm
Additional Information
- Taxes
- $17,513
- Interior Features
- Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen
- Parking Description
- Off Street
- Lot Description
- Gentle Sloping
- Water
- Public
- Sewer
- Public Sewer
- High School
- Somerville High
Mortgage Calculator
Listing courtesy of Listing Agent: Ed Abrams from Listing Office: RE/MAX Real Estate Center.
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