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
$1,399,000
5 Fountain Ave
Somerville, MA, 02145
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

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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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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