12-14 Upland Road, Somerville, MA 02144

$1,995,000
9
BD
3
BA
3,670
SqFt

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Sold Price
$1,995,000
List Price
$1,995,000
Status
SOLD
MLS#
73488694
Bedrooms
9
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
3,670
Lot Size (Acres)
0.08
Year Built
1917

Property Description

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.

Additional Information

Area
Tufts University
Taxes
$13,188
Interior Features
Storage, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Remodeled, Internet Available - Broadband, Upgraded Countertops, Internet Available - Unknown, Living Room, Kitchen, Laundry Room, Mudroom
Parking Description
Paved Drive, Off Street, Paved
Lot Description
Gentle Sloping
Water
Public
Sewer
Public Sewer
Elementary School
Choice
Middle School
Choice
High School
Somerville Hs

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Listing courtesy of Listing Agent: Lauren Holleran Team from Listing Office: Gibson Sotheby's International Realty.

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