5 Magnus Ave, Somerville, MA 02143 | Maray LeMoine-Pena, Real Estate Agent

5 Magnus Ave, Somerville, MA 02143

  • $1,895,000
  • $530
5 Magnus Ave, Somerville, MA 02143


Overview

Property ID: 73366478
  • Multi-family
  • Property Type
  • 9
  • Bedrooms
  • 3
  • Bathrooms
  • 0
  • Garage
  • 3207
  • Sq Ft
  • 1920
  • Year Built

Description

Multi Family property with 9 bedroom(s), 3 bathroom(s) in Somerville MA.

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!

  • Address 5 Magnus Ave, Somerville, MA 02143
  • City Somerville
  • State/county MA
  • Zip/Postal Code 02143

Details

Updated on May 13, 2025 at 1:26 am
  • Property ID: 73366478
  • Price: $1,895,000
  • Property Size: 3207 Sq Ft
  • Bedrooms: 9
  • Bathrooms: 3
  • Garage: 0
  • Year Built: 1920
  • Property Type: Multi-family
  • Property Status: For Sale

Additional details

  • Basement: Full,Partially Finished
  • Electric: 100 Amp Service,Individually Metered
  • Fire places: 0
  • Total Rooms: 18
  • Parking Features: Paved Drive,Off Street,On Street,Paved
  • Roof: Shingle,Rubber
  • Sewer: Public Sewer
  • Water Source: Public
  • Office Name: Douglas Elliman Real Estate - The Sarkis Team
  • Agent Name: The Sarkis Team

Mortgage Calculator

$15,048.33
Monthly
  • Principal & Interest $13,715.00
  • Property Tax $250.00
  • Home Insurance $83.33
  • PMI $1,000.00
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