5 Magnus Ave Somerville, MA 02143
Listing Courtesy of: MLS PIN / Douglas Elliman Real Estate The Sarkis Team / The Sarkis Team

  5 Magnus Ave Somerville, MA 02143

Contingent (56 Days)
$1,750,000
9
BED
3
BATH
3,573
SQFT

Description

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!

MLS #:
73366478
Taxes
$17,524(2025)
Lot Size
3,207 SQFT
Type
Multifamily
Year Built
1920
County
Middlesex County

Listed By

The Sarkis Team, Douglas Elliman Real Estate The Sarkis Team
Source
MLS PIN
Last checked Jun 25 2025 at 1:06 AM GMT+0000
Bathroom Details
Lot Information
  • Corner Lot
Property Features
  • Fireplace: 0
  • Foundation: Stone
Basement Information
  • Full
  • Partially Finished
Flooring
  • Wood
  • Tile
  • Carpet
Exterior Features
  • Roof: Shingle
  • Roof: Rubber
Utility Information
  • Utilities: For Gas Range, Water: Public
  • Sewer: Public Sewer
Parking
  • Paved Drive
  • Off Street
  • On Street
  • Paved
  • Total: 2
Stories
  • 3
Living Area
  • 3,573 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jun 09, 2025
Price Changed
$1,750,000
-3%
-50,000
May 30, 2025
Price Changed
$1,800,000
-3%
-50,000
May 21, 2025
Price Changed
$1,850,000
-2%
-45,000
May 06, 2025
Price Changed
$1,895,000
-5%
-100,000
Apr 29, 2025
Original Price
$1,995,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 North East and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: The property listing data and information, or the Images, set forth herein wereprovided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein. © 2025 MLS Property Information Network, Inc.. 6/24/25 18:06