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!
For sale
Price cut: $100K (5/6)
$1,895,000
5 Magnus Ave, Somerville, MA 02143
9beds
3,573sqft
Est.:
3 Family - 3 Units Up/Down
Built in 1920
-- sqft lot
$1,827,800 Zestimate®
$530/sqft
$-- HOA
What's special
Off-street parking spotsIn-unit dishwashersAmple natural light
- 7 days
- on Zillow |
- 438 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: May 05, 2025 at 06:29pm
Listed by:
The Sarkis Team,
Douglas Elliman Real Estate - The Sarkis Team,
Alex Sanchez
Source: MLS PIN,MLS#: 73366478
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Wood, Tile, Carpet
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 3,573
- Total interior livable area: 3,573 sqft
- Finished area above ground: 3,573
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street, On Street, Paved
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Size: 3,207 Square Feet
- Features: Corner Lot
Details
- Additional structures: Shed(s)
- Parcel number: M:65 B:A L:2,756894
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle,Rubber
Condition
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, T-Station, University
Location
- Region: Somerville
Financial & listing details
- Price per square foot: $530/sqft
- Tax assessed value: $1,606,200
- Annual tax amount: $17,524
- Date on market: 4/30/2025
- Total actual rent: 12000
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