5 Magnus Ave Somerville MA 02143 MLS #73366478

5 Magnus Ave
Somerville, MA, 02143
$1,995,000
9 Beds
3 Baths
3,573 SqFt
0.07 Acres
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Open House May 04, 2025
11:00 – 12:30
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!

Property Details

Price:
$1,995,000
MLS #:
73366478
Status:
Active
Beds:
9
Baths:
3
Address:
5 Magnus Ave
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
City:
Somerville
Listed Date:
Apr 29, 2025
State:
MA
Finished Sq Ft:
3,573
Total Sq Ft:
3,573
ZIP:
02143
Lot Size:
3,207 sqft / 0.07 acres (approx)
Year Built:
1920
Units:
3
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Schools

Interior

Bathrooms
3 Full Bathrooms
Flooring
Wood, Tile, Carpet

Exterior

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/ Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, T- Station, University
Construction Materials
Frame
Other Structures
Shed(s)
Parking Features
Paved Drive, Off Street, On Street, Paved
Parking Spots
2
Roof
Shingle, Rubber

Financial

Net Operating Income
$96,000
Tax Year
2025
Taxes
$17,524

Map

Community

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