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5 Magnus Ave, Somerville MA 02143 – 9 bed 3 bath For Sale – 73366478

$ 1,750,000
5 Magnus Ave, Somerville MA 02143,
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Overview

  • Updated On:
  • June 10, 2025
  • listingid
  • 73366478
  • 9 Bedrooms
  • 3 Bathrooms
  • 0 Garage Spaces
  • 2 Non-Garage Parking Spaces
  • 1920
  • HOA Fee

Description

Whether you’re a savvy investor looking to expand your portfolio or an owner-occupant seeking rental income, don’t miss this exceptional opportunity in one the most vibrant and connected neighborhoods. 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!

Property Details

Property Id: 2142053
Price: $ 1,750,000
Property Size: 3,573.00 ft2
Property Lot Size: 0.07 ft2
Rooms: 18
Bedrooms: 9
Bathrooms: 3
Full Bath: 3
Total Bathrooms: 3
Disclosures: N
Basement: Full,Partially Finished
Last Updated: June 10, 2025 at 01:11am
Building Area Source: Public Records
Building Area Total: 3573
Building Area Units: Square Feet
Community Features: Public Transportation,Shopping,Tennis Court(s),Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Highway Access,T-Station,University
Construction Materials: Frame
Directions: Washinhgton St to Magnus Ave.
Disclosures: Seller and listing agent makes no representations or warranties. Property is being sold as is,as seen. Buyers and their agents to do their own due diligence. Do not walk the property grounds without agent. Showings by appointment. Rents are projected and not actual.
Electric: 100 Amp Service,Individually Metered
Expiration Date: 1900-01-01
Fencing: Fenced
Flooring: Wood,Tile,Carpet
Foundation Details: Stone
Gross Income: 96000
Living Levels: 6
List Agent MlsId: TM328399
List Office MlsId: AN8041
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-04-29
Listing ID: 73366478
Lot Features: Corner Lot
Lot Size: 0.07
Lot Size SqFt: 3207
Lot Size Units: Acres
Date Available: No
Bedroom 1: 3
Bedroom 2: 3
Bedroom 3: 3
Bath 1: 1
Bath 2: 1
Bath 3: 1
Lead Paint: Unknown
Lease 1: N
Lease 2: N
Unit 1 Living Levels: 1
Unit 2 Living Levels: 1
Unit 3 Living Levels: 1
Listing Alert: No
Price Per SqFt: 489.78
Days in Market: 41
Total Days on Market: 41
Open House: 1
MLS PIN Page: 0000
Price Per SqFt: 489.78
Unit 1 Rent: 4000
Unit 2 Rent: 3500
Unit 3 Rent: 4000
Living Area Disclosure: Living area sqft is approx.
Living Area Includes Basement: No
Team Member: CN236599
Water View: No
MLS Status: Price Changed
Last Updated: June 9, 2025 at 10:06pm
Net Operating Income: 96000
Number Of Units: 3
Original List Date: April 30, 2025 at 12:21am
Original List Price: 1995000
Other Structures: Shed(s)
Parcel Number: M:65 B:A L:2,756894
Parking Features: Paved Drive,Off Street,On Street,Paved
Total Parking: 2
Patio And Porch Features: Porch
Road Type: Public
Roof: Shingle,Rubber
Sewer: Public Sewer
State: MA
Status Change Time: June 9, 2025 at 10:06pm
Total Stories: 6
Tax Annua lAmount: 17524
Tax Assessed Value: 1606200
Tax Book Number: 0000
Tax Year: 2025
Total Actual Rent: 12000
Utilities: for Gas Range
Water Source: Public
Year Built: 1920
Year Built Details: Approximate
Year Built Source: Public Records
Zoning: RB

Amenities and Features

Other Features
Open Parking

Property Address

Address: 5 Magnus Ave, Somerville MA 02143
City:
State/County:
Zip: 02143
Country: US
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Payment Calculator

$ 10,027.04
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 8,393.71
Closing Cost Calculator

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5 Magnus Ave, Somerville MA 02143 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

 

Quick Property Details

  • Price: $ 1,750,000
  • Additional Price Info:
  • Total Rooms: 18
  • Bedrooms: 9
  • Bathrooms: 3
  • Lot Size: 0.07 ft2
  • Architectural Style:
  • Cooling:
  • Heating:
  • Basement: Full,Partially Finished
  • Fireplace Features: ; Total Fireplaces: 0
  • Construction Materials: Frame
  • Sewer: Public Sewer
  • Water Source: Public
  • Year Built: 1920
  • Number of Stories: 6
  • Parking: Paved Drive,Off Street,On Street,Paved; Spaces: 2, Covered: 0, Garage: 0
  • HOA Fee: ()
  • Agent: 57
  • MLS Status: Price Changed
  • Full Bathrooms: 3, Half Bathrooms: 0
  • Tax Annual Amount: 17524
  • Zoning: RB

Additional Property Details

  • Stories Total: 6
  • Structure Type:
  • Accessibility Features:
  • Association Amenities:
  • Foundation Details: Stone
  • Roof: Shingle,Rubber
  • Window Features:
  • Pool Features:
  • Spa Features:
  • Pets Allowed:
  • View:
  • Waterfront Features:
  • Lot Features: Corner Lot

Quick Stats

Size: 3,573.00 ft2 |
Original List Price: 1995000 |
Modified On: June 9, 2025 at 10:06pm |
Property Condition:

View count: 10

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Steven Novak