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For sale
  • Price cut: $100K (5/6)
    $1,895,000

    5 Magnus Ave, Somerville, MA 02143

    9beds
    3,573sqft
    : 
    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
    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!
    7 days
    on Zillow
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    438
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    15
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    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

    We’ll find a local expert to take you on a private tour of 5 Magnus Ave.

    Next available tour time:Today at 1:30pm

    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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