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 Acres
$1,995,000
5 Magnus Ave
Somerville, MA, 02143
Open House May 03, 2025
11:00 – 12:30
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 30, 2025
State:
MA
Finished Sq Ft:
3,573
Total Sq Ft:
3,573
ZIP:
02143
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

Net Operating Income
$96,000
Tax Year
2025
Taxes
$17,524
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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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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.
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5 Magnus Ave
Somerville, MA