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!
Sold for $1,660,000
$1,660,000
5 Magnus Ave, Somerville, MA 02143
9beds
3,573sqft
3 Family - 3 Units Up/Down
Built in 1920
-- sqft lot
$1,653,100 Zestimate®
$465/sqft
$5,169 Estimated rent
Home value
$1,653,100
$1.52M - $1.79M
$5,169/mo
Zestimate® history
Owner options
List your home for rent
$5,169/mo
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$5,169/mo
Rent Zestimate®
Refinance and save
$8,415/mo
Est. payment
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$8,415/mo
Est. payment
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List your homeWhat's special
Off-street parking spotsIn-unit dishwashersAmple natural light
Zillow last checked:
Listing updated:
Listed by:
The Sarkis Team 617-875-4950,
Douglas Elliman Real Estate - The Sarkis Team 617-875-4950,
Alex Sanchez 781-540-9895
Bought with:
Jessica & Sam Group
JW Real Estate Services, LLC
Source: MLS PIN,MLS#: 73366478
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Wood, Tile, Carpet
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 3,573
- Total interior livable area: 3,573 sqft
- Finished area above ground: 3,573
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street, On Street, Paved
- Uncovered spaces: 2
Features
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Size: 3,207 sqft
- Features: Corner Lot
Details
- Additional structures: Shed(s)
- Parcel number: M:65 B:A L:2,756894
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle,Rubber
Condition
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, T-Station, University
Location
- Region: Somerville
HOA & financial
Other financial information
- Total actual rent: 12000
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2025 | Sold | $1,660,000-5.1%$465/sqft |
Source: MLS PIN #73366478 Report a problem | ||
| 6/18/2025 | Pending sale | $1,750,000$490/sqft |
Source:  Douglas Elliman #73366478 Report a problem | ||
| 6/18/2025 | Contingent | $1,750,000$490/sqft |
Source: MLS PIN #73366478 Report a problem | ||
| 6/9/2025 | Price change | $1,750,000-2.8%$490/sqft |
Source: MLS PIN #73366478 Report a problem | ||
| 5/30/2025 | Price change | $1,800,000-2.7%$504/sqft |
Source: MLS PIN #73366478 Report a problem | ||
| 5/28/2025 | Pending sale | $1,850,000$518/sqft |
Source: Douglas Elliman #73366478 Report a problem | ||
| 5/28/2025 | Contingent | $1,850,000$518/sqft |
Source: MLS PIN #73366478 Report a problem | ||
| 5/21/2025 | Price change | $1,850,000-2.4%$518/sqft |
Source: MLS PIN #73366478 Report a problem | ||
| 5/6/2025 | Price change | $1,895,000-5%$530/sqft |
Source: MLS PIN #73366478 Report a problem | ||
| 4/30/2025 | Listed for sale | $1,995,000$558/sqft |
Source: MLS PIN #73366478 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,524 +6.2% | $1,606,200 +2.4% |
| 2024 | $16,497 +2.4% | $1,568,200 +0.6% |
| 2023 | $16,117 +5% | $1,558,700 +3.4% |
| 2022 | $15,350 +4.2% | $1,507,900 +4.3% |
| 2021 | $14,735 +2.8% | $1,446,000 +1.8% |
| 2020 | $14,333 +8.4% | $1,420,500 +15.6% |
| 2019 | $13,224 +17% | $1,229,000 +23% |
| 2018 | $11,299 +4.4% | $999,000 +7.8% |
| 2017 | $10,819 +0.9% | $927,100 +8.3% |
| 2016 | $10,726 | $856,000 |
Find assessor info on the county website
Neighborhood: Union Square
Nearby schools
GreatSchools rating
- 7/10Albert F. Argenziano School At Lincoln ParkGrades: PK-8Distance: 0.3 mi
- 6/10Somerville High SchoolGrades: 9-12Distance: 0.7 mi
- NACapuano Early Childhood CenterGrades: PK-KDistance: 0.9 mi
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Estimated market value
$1,653,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,653,100
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