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$1,800,000

Added 1 month ago

5 Magnus Ave, Somerville, MA

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,800,000

Added 1 month ago

933573 sqft2
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3573 sqft
Garage No
Taxes $17,524
Days Active 30
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $503
MLS® Number 73366478

Property Address: 5 Magnus Ave, Somerville, Massachusetts

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number73366478
Laundry Level
Central VacNo
FireplaceNo
Acreage0.07
Exterior
GarageNo
Approx. Age1920
BasementFull, Partially Finished
DrivewayPaved Drive, Off Street, On Street, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

5 Magnus Ave, Somerville, MA

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