$1,660,000
$1,750,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
5 Magnus Ave Somerville, MA 02143
9 Beds
3 Baths
3,573 SqFt
Key Details
Sold Price $1,660,000
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,573 sqft
Price per Sqft $464
MLS Listing ID 73366478
Sold Date 07/09/25
Bedrooms 9
Full Baths 3
Year Built 1920
Annual Tax Amount $17,524
Tax Year 2025
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type 3 Family - 3 Units Up/Down
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!
Location
State MA
County Middlesex
Zoning RB
Direction Washinhgton St to Magnus Ave.
Rooms
Basement Full, Partially Finished
Interior
Flooring Wood, Tile, Carpet
Exterior
Fence Fenced
Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, T-Station, University
Utilities Available for Gas Range
Roof Type Shingle,Rubber
Total Parking Spaces 2
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Jessica & Sam Group • JW Real Estate Services, LLC