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In-PersonVirtual Tour
$ 1,900,000
Est. payment | /mo
6 Beds
3 Baths
3,386 SqFt
$ 1,900,000
Est. payment | /mo
6 Beds
3 Baths
3,386 SqFt
Open House
Sat Nov 15, 12:00pm - 1:00pm
Key Details
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 3,386 sqft
Price per Sqft $561
MLS Listing ID 73454781
Bedrooms 6
Full Baths 3
Year Built 1920
Annual Tax Amount $18,722
Tax Year 2025
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type 3 Family - 3 Units Up/Down
Property Description
Welcome to 23 Ossipee Rd, a well-maintained three-unit multi-family property ideally located a stones throw away from Tufts University. This turnkey investment currently generates $10,000 per month in rental income, with rent increases already signed for as early as June 1 2026, making it a strong addition to any portfolio - or an excellent opportunity for an owner-occupant looking to offset living costs with steady rental income. The property consists of two spacious 1-bedroom units and one large 4-bedroom unit, each offering in-unit laundry and well-kept interiors. Tenants enjoy multiple outdoor decks/spaces, bright natural light, and comfortable layouts that make the building easy to rent and manage.Outside, the property features off-street parking for up to three cars, a valuable asset in this sought-after Somerville neighborhood. With its strong rental history, stable income stream, 23 Ossipee Rd presents a rare blend of convenience, location, and financial upside.
Location
State MA
County Middlesex
Area Tufts University
Zoning RES
Direction gps
Exterior
Total Parking Spaces 3
Garage No
Building
Story 5
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Sterling Beacon Hill
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