$1,995,000 ($558.35 per sqft)

Est. Mortgage $10,088/mo *

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Open House Schedule

05/03/2025
11:00 AM to 12:30 PM
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05/04/2025
11:00 AM to 12:30 PM
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5 Magnus Ave, Somerville, MA, 02143

5 Magnus Ave, Somerville, MA, 02143
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18 rooms

9 beds

3 Full baths

1920

3,573 sqft

Prime investment opportunity in the heart of Somerville! This 3-family property offers roughly 3,600 sqft of living space across three spacious units, generating great rental income. Each unit features large living areas, in-unit dishwashers, and ample natural light, with 3 bedrooms and 1 bathroom per unit. 2 Off-street parking spots on a paved driveway add convenience. Located near Porter Square, Harvard University, Whole Foods, and public transportation, this property is perfect for investors or owner-occupants. Additional highlights include separately metered electric, natural gas heating, newer furnaces for all 3 units, vinyl siding, and a full basement with exterior access. Don’t miss this opportunity to own a high-income property in one of Somerville’s most desirable locations!

Status:

Active

Type:

Multi-family

Units:

3

Zoning:

RB

Basement:

Full, Partially Finished

Levels:

6

Parking:

2-car, Paved Drive, Off Street, On Street, Paved

Acreage:

0.07

Est. Taxes:

$17,524

Assessment

$1,606,200

Construction

Frame

Utilities

for Gas Range

Lot Description:

Corner Lot

Amenities:

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

MLS #:

73366478

Compensation Based On:

Net Sale Price

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of The Sarkis Team, Douglas Elliman Real Estate - The Sarkis Team Phone: 617-875-4950