17 Sycamore Terrace, Somerville, MA 02145
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$1,939,000
4 Unit
10 Beds
7 Baths
4134 SQFT
0.10 Acre

Property Description

ATTENTION INVESTORS...Rare to market turnkey brick 4 family in the heart of Winter Hill GENERATING OVER 13K+ PER MONTH!! ($162,240.00 ANNUALLY) The building contains a nice mixture of units including one 3 bedroom 2.5 bath, one 3 bedroom 1 bath, one 2 bedroom 2 bath and one 2 bed 1bath. All units have been renovated within the last 4 years and feature granite countertops, stainless steel appliances including dishwashers, hardwood floors throughout, new windows, ETC. One unit has a washer and dryer other units have coin op laundry available. 5 parking spaces and located 4/10th of a mile from the new Magoon Square Greenline stop. This property has a walk score of 88. 17 Sycamore Terrace is an outstanding opportunity for a solid investment in the red hot Somerville rental market!!

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 4
  • Total Bedrooms: 10
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Amenities: Park, Public Transportation, Shopping

Financial

  • APOD Available: Yes
  • Gross Operating Income: 162240
  • Gross Expenses: 38602
  • GSE: 2440
  • Electric Expenses: 597
  • Water/Sewer: 7501
  • INSC: 5925
  • Net Operating Income: 143437

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Construction Type: Brick
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73364537
  • Last Updated: 06/16/25
  • Terms: Other (See Remarks), Special

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/16/2025Active$1,939,000$469MLSPIN
06/12/2025Price Change$1,939,000$469MLSPIN
04/28/2025Active$1,999,900$484MLSPIN
04/24/2025New$1,999,900$484MLSPIN
02/01/2024Expired$1,999,900$484MLSPIN
12/20/2023Temporarily Withdrawn$1,999,900$484MLSPIN
12/18/2023Extended$1,999,900$484MLSPIN
10/15/2023Active$1,999,900$484MLSPIN
10/11/2023Back on Market$1,999,900$484MLSPIN
07/14/2023Under Agreement$1,999,900$484MLSPIN
06/30/2023Contingent$1,999,900$484MLSPIN
06/19/2023Active$1,999,900$484MLSPIN
06/15/2023New$1,999,900$484MLSPIN

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Seller's Representative: The Steve Bremis Team, Steve Bremis Realty Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-06-16 03:05:00

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