Toggle Side Panel

52, 54 Bonair Street, Somerville MA 02145

Somerville, MA 02145 • Winter Hill
$3,450,000
Est. $18,362/month
21
Beds
10
Baths
8,937
Sq Ft
$386
Price/Sq Ft
0.29
Acres
1900
Year Built
5+ Family - 5+ Units Up/Down
Type
185
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73149807

About this home

ATTENTION...ATTENTION...a very rare opportunity, 10 units in solid shape, almost 9000 square feet of living space, 21 bedrooms, 10 bathrooms, 4 off road tandem parking spots. New roofs, newer electrical, new natural gas, all the big money items taken care of. One of the hottest rental markets in the country, with property values rising, don't miss this chance. Separate utilities, heat, water, electric, all rents underpriced, but are Tenants at will. 4 off road tandem parking spots between both buildings. 2 separate deeds for the 2 properties. New roof, newer electric, and newer natural gas. All tenants, therefore, have separate utilities, and pay electricity, heat, gas. Yearly rent $240,000. and are under market, bring these up to market value, make a great cap rate and a rental beast. Somerville right off McGrath a great location and proximity to all that is Cambridge, Somerville, and Boston. Both buildings create an investment compound that is absolutely incredible.

Sale Statistics

Sale Overview
Original List Price: $3,695,000
Final Sale Price: $3,450,000
Difference: $245,000 (-6.6%)
Performance Metrics
93.4%
List to Sale Ratio
Sold below asking price
185
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $413
Sale $/sq ft: $386
This property sold for $386 per square foot
Sale Summary

This property sold for 6.6% below the original asking price.

At 185 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
21
Full Bathrooms
10
Living Area
8,937 sq ft
Total Rooms
40
Stories
6
Levels
6

Interior Features

Flooring
Hardwood
Has Fireplace
No
Laundry Features
Electric Dryer Hookup
Basement Details
Full, Walk-Out Access, Concrete

Exterior & Structure

Construction Materials
Frame, Stone
Roof
Rubber
Foundation
Concrete Perimeter
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.29 acres
Lot Size
12,579 sq ft
Lot Size Area
0.2900
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Tandem

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer
Water Source
Public
Sewer
Public Sewer
Electric
220 Volts

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$31,776
Tax Year
2023
Tax Assessed Value
$3,293,000
Zoning
RB
Financial Data Source
Owner

Additional Details

Year Built Source
Public Records
Year Built Details
Renovated Since
Disclosures
Preference is to sell both buildings together with a total of 10 units, with 2 seperate deeds. 8 Tenants are at will, 2 have leases. More pictures to follow in the next couple of days. 52 Bonair is de-leaded, and 54 Bonair, apartment 2 has been de-leaded. All appliances are included in the sale.

Location

Loading map...

Neighborhood

Winter Hill

52, 54 Bonair Street, Somerville MA 02145

Somerville, MA 02145

Walkability

Loading Walk Score...

Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $2,648
Homeowners Insurance $200
PMI $0

Property History

Market Insights

6.6%
Price Range
178
Total Days on Market

Property Timeline

✓
Sold
May 29, 2024
$3,450,000
Property sold
Days on Market: 178
🏠
Listed for Sale
Aug 17, 2023
$3,695,000
Original listing

Price & Status History

Date Event Price Change
Aug 17, 2023 New Listing Added $3,695,000 —

Market Statistics

Days on Market
185 days
Price per Sq Ft
$386

Tax History

Year Taxes Assessment
2023 $31,776 $3,293,000

Financial Details

Annual Property Tax
$31,776
Tax Year 2023
Assessed Value
$3,293,000

Listing Information

Listing Agent Robert Downer
Listing Office R.E.D. Development & Real Estate Group
Agent MLS ID CN201965
Office MLS ID AN3736

Similar Homes

52, 54 Bonair Street, Somerville MA 02145 - Photo 1 52, 54 Bonair Street, Somerville MA 02145 - Photo 2 52, 54 Bonair Street, Somerville MA 02145 - Photo 3 52, 54 Bonair Street, Somerville MA 02145 - Photo 4 52, 54 Bonair Street, Somerville MA 02145 - Photo 5 52, 54 Bonair Street, Somerville MA 02145 - Photo 6 52, 54 Bonair Street, Somerville MA 02145 - Photo 7 52, 54 Bonair Street, Somerville MA 02145 - Photo 8 52, 54 Bonair Street, Somerville MA 02145 - Photo 9 52, 54 Bonair Street, Somerville MA 02145 - Photo 10 52, 54 Bonair Street, Somerville MA 02145 - Photo 11 52, 54 Bonair Street, Somerville MA 02145 - Photo 12 52, 54 Bonair Street, Somerville MA 02145 - Photo 13 52, 54 Bonair Street, Somerville MA 02145 - Photo 14 52, 54 Bonair Street, Somerville MA 02145 - Photo 15 52, 54 Bonair Street, Somerville MA 02145 - Photo 16 52, 54 Bonair Street, Somerville MA 02145 - Photo 17 52, 54 Bonair Street, Somerville MA 02145 - Photo 18 52, 54 Bonair Street, Somerville MA 02145 - Photo 19 52, 54 Bonair Street, Somerville MA 02145 - Photo 20 52, 54 Bonair Street, Somerville MA 02145 - Photo 21 52, 54 Bonair Street, Somerville MA 02145 - Photo 22 52, 54 Bonair Street, Somerville MA 02145 - Photo 23

Contact Agent

Schedule a Tour