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!
Property Details
Price:
$1,850,000
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
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
Tax Year
2025
Taxes
$17,524
Map
Community
- Address5 Magnus Ave Somerville MA
- CitySomerville
- CountyMiddlesex
- Zip Code02143
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Courtesy of Douglas Elliman Real Estate. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
5 Magnus Ave
Somerville, MA
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