Investment Analysis — 58 Hinckley St #3

A rare find in Somerville, this efficient top-floor studio+ is located mere blocks from the energy of Magoun Square and the convenience of the Green Line. The space has been thoughtfully refreshed to provide a move-in-ready experience for a first-time home-buyer, investor, or someone seeking an urban pied-à-terre. High ceilings and a deep bay window draw in natural light and make the space feel larger, and the enclosed room off the living area offers options for a home office or cozy sleeping nook. The kitchen was updated with crisp white cabinets, countertops, and backsplash, and incorporates a convenient in-unit washer/dryer combo. The bathroom was also upgraded with modern fixtures. With durable new flooring and replacement windows throughout, this home is a smart, low-maintenance entry point into one of the area’s most sought-after markets. As an owner-occupant with a residential tax exemption, FY26 taxes would have been a jaw-dropping $351/year, while investors will easily cover expenses with a solid rental history in the building—this unit was most recently rented for $2350/month. Very conveniently located .25 mile to Magoun Square restaurants, CVS, shops; .3 mile to Magoun Square Green Line station and recently improved and extended Somerville Community Path, Trum Field, and dog parks. Davis Square is just over one mile away on the Community Path, Tufts is one mile, and Ball Square is .5 mile. Easy access to I-93 into Boston.