Sold

5 Magnus Ave, Somerville, MA

Somerville · MA 02143

$1,660,000
Price
9
Beds
3
Baths
3573
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 3 Units
Lot size: 3,207 Sq.Ft Lot
Price per square foot: $490 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

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!

Neighborhood & Transit

5 Magnus Ave, Somerville · MA 02143

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Union Square Green 0.45 mi

Price Insight

Days on Market:
512 days
Listing Price:
$1,750,000
Price per Sq.Ft:
$490
Tax Assessment:
$1,606,200 in 2025
Taxes:
$1,460 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,573 Sq.Ft
Broker Disclosure about Living Area
Living area sqft is approx.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3573
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
100 Amps, Individually Metered

Exterior Features

Lot Size
3,207 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
The Sarkis Team
Listing office
Douglas Elliman Real Estate - The Sarkis Team
MLS PIN #
73366478
Disclosure
Seller and listing agent makes no representations or warranties. Property is being sold as is, as seen. Buyers and their agents to do their own due diligence. Do not walk the property grounds without agent. Showings by appointment. Rents are projected and not actual.
Disclosure
Living area sqft is approx.