$1,800,000

5 Magnus Ave, Somerville, MA 02143

  • 9 beds |
  • 3 baths |
  • 3,573 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $504/sqft
  • Property List Date Icon Listed 1 month ago

Property 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!

Listing Status:
Active
Listing Office:
Douglas Elliman Real Estate - The Sarkis Team : 617-875-4950
Listing Agent:
The Sarkis Team : 617-875-4950
MLS ID:
73366478
  • Basement: FullPartially Finished
  • Flooring: WoodTileCarpet
  • Fireplace: Fireplaces: 0

This listing courtesy of The Sarkis Team, Douglas Elliman Real Estate - The Sarkis Team

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Albert F. Argenziano School at Lincoln Park

290 Washington St, Somerville, MA, 02143

Grades PK-8

0.25 miles away

A

Albert F. Argenziano School at Lincoln Park

290 Washington St, Somerville, MA, 02143

Grades PK-8

0.25 miles away

S

Somerville High School

81 Highland Ave, Somerville, MA, 02143

Grades 9-12

0.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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