$1,995,000 ($543.60 per sqft)

Est. Mortgage $9,697/mo *

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12-14 Upland Road, Somerville, (Tufts University), MA, 02144

12-14 Upland Road, Somerville, (Tufts University), MA, 02144

15 rooms

9 beds

2 Full / 1 Half baths

1917

3,670 sqft

This renovated two-family is a prime investment opportunity. It sits on a quiet street directly adjacent to Tufts and the new Medford/Tufts Green Line T and offers an outstanding opportunity for an investor seeking strong, stable rents with a current annual rent roll of $140,400 through May 2027. Both units offer stainless steel appliances and many updates - new roof (2023), painted exterior (2025), updated electric, recently remodeled kitchens w/ granite countertops and bathroom with marble. Unit #1 - leased for $5,200/mo - a 4 bedroom, 1.5 bath duplex with direct access to the spacious front + rear deck and rear yard. Unit #2  - leased for $6,500/mo - a 5 bedroom, 1 bath upper duplex with deck. The clean + spacious walkout basement has separate systems, high ceilings and potential to increase your rent roll. Tenants pay for heating and electricity. Rear yard, decks and two parking spaces. Dream location for an investor due to off-campus housing need! Close to Davis Square/Red Line.


Status:

Active

Town:

Somerville

Type:

Multi-family

Laundry Remarks:

Washer & Dryer Hookup, Washer Hookup, Dryer Hookup, Electric Dryer Hookup

Units:

2

Zoning:

RA

Heating:

Steam, Natural Gas

Cooling:

None

Energy Features:

Thermostat

Basement:

Full, Partially Finished, Walk-Out Access, Interior Entry, Unfinished

Levels:

4

Parking:

2-car, Paved Drive, Off Street, Paved

Acreage:

0.08

Est. Taxes:

$13,189

Assessment

$1,169,100

Construction

Frame, Block

Utilities

for Electric Range, for Electric Dryer, Washer Hookup

Lot Description:

Gentle Sloping

Amenities:

Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Elementary School:

Choice

Middle School:

Choice

High School:

Somerville Hs

Appliances:

Range, Dishwasher, Refrigerator, Washer, Dryer, Oven, Range Hood

MLS #:

73488694


Community Info

School Info

Walk Score

Mass Transit

Yelp


Listing courtesy of Lauren Holleran Team, Gibson Sotheby's International Realty