5 Fountain Ave Somerville MA 02145 MLS #73351467

5 Fountain Ave
Somerville, MA, 02145
$1,399,000
10 Beds
3.5 Baths
4,982 SqFt
0.05 Acres
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East Somerville! This conveniently located three-family is a prime investment opportunity. 5 Fountain Avenue sits on a quiet one-way street near the new East Somerville GLX, and offers easy access to vibrant Union Square and Rt. 28. The property features three generous units—two single-level units with three bedrooms, a flexible office or study, and one bathroom each, plus a larger four-bedroom, one-and-a-half-bathroom unit spanning two levels. Unit 2 was recently renovated and features stainless steel appliances, granite countertops, and an open-concept kitchen, dining, and living area, providing inspiration for updates to the two other well-lived-in units. Other features include common laundry and a bonus community room for residents on the lower level, and a covered back patio. Each unit is individually metered, and all are leased through August 2025.

Property Details

Price:
$1,399,000
MLS #:
73351467
Status:
Pending
Beds:
10
Baths:
3.5
Address:
5 Fountain Ave
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
East Somerville
City:
Somerville
Listed Date:
Mar 27, 2025
State:
MA
Finished Sq Ft:
4,982
Total Sq Ft:
4,982
ZIP:
02145
Lot Size:
2,048 sqft / 0.05 acres (approx)
Year Built:
1900
Units:
3
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Schools

Elementary School:
Lottery
Middle School:
Lottery
High School:
Lottery

Interior

Appliances
Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Window Unit(s)
Flooring
Wood, Tile, Vinyl, Carpet, Varies, Hardwood, Stone/ Ceramic Tile
Heating
Baseboard, Natural Gas
Laundry Features
Gas Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Bike Path, Highway Access, Private School, Public School, T- Station
Construction Materials
Frame
Other Structures
Shed(s)
Parking Features
Paved Drive, On Street
Roof
Rubber

Financial

Net Operating Income
$93,600
Tax Year
2025
Taxes
$15,296

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Community

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