ATTENTION...ATTENTION...a very rare opportunity, 10 units in solid shape, almost 9000 square feet of living space, 21 bedrooms, 10 bathrooms, 4 off road tandem parking spots. New roofs, newer electrical, new natural gas, all the big money items taken care of. One of the hottest rental markets in the country, with property values rising, don't miss this chance. Separate utilities, heat, water, electric, all rents underpriced, but are Tenants at will. 4 off road tandem parking spots between both buildings. 2 separate deeds for the 2 properties. New roof, newer electric, and newer natural gas. All tenants, therefore, have separate utilities, and pay electricity, heat, gas. Yearly rent $240,000. and are under market, bring these up to market value, make a great cap rate and a rental beast. Somerville right off McGrath a great location and proximity to all that is Cambridge, Somerville, and Boston. Both buildings create an investment compound that is absolutely incredible.
Sold for $3,450,000
$3,450,000
52-54 Bonair St, Somerville, MA 02145
21beds
8,937sqft
5+ Family - 5+ Units Up/Down
Built in 1900
-- sqft lot
$-- Zestimate®
$386/sqft
$3,865 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,865/mo
Zestimate® history
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$3,865/mo
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$3,865/mo
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$17,489/mo
Est. payment
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$17,489/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Robert Downer 978-886-5386,
R.E.D. Development & Real Estate Group 978-886-5386,
Robert Downer 978-886-5386
Bought with:
Julie Tsakirgis Group
RE/MAX Property Shoppe, Inc.
Source: MLS PIN,MLS#: 73149807
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
- Bathrooms: 10
- Full bathrooms: 10
Appliances
- Laundry: Electric Dryer Hookup
Features
- Flooring: Hardwood
- Basement: Full,Walk-Out Access,Concrete
- Has fireplace: No
Interior area
- Total structure area: 8,937
- Total interior livable area: 8,937 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street, Tandem
- Uncovered spaces: 4
Features
- Patio & porch: Porch
Lot
- Size: 0.29 Acres
- Features: Corner Lot
Details
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame, Stone
- Foundation: Concrete Perimeter
- Roof: Rubber
Condition
- Year built: 1900
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Dryer
Community & HOA
Community
- Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Location
- Region: Somerville
Financial & listing details
- Price per square foot: $386/sqft
- Tax assessed value: $3,293,000
- Annual tax amount: $31,776
- Date on market: 8/2/2025
- Total actual rent: 19950
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2025 | Listing removed | $5,000,000$559/sqft |
Source: MLS PIN #73396214 Report a problem | ||
| 6/25/2025 | Listed for sale | $5,000,000+44.9%$559/sqft |
Source: MLS PIN #73396214 Report a problem | ||
| 5/29/2024 | Sold | $3,450,000-6.6%$386/sqft |
Source: MLS PIN #73149807 Report a problem | ||
| 11/25/2023 | Listed for sale | $3,695,000$413/sqft |
Source: MLS PIN #73149807 Report a problem | ||
| 11/18/2023 | Listing removed | $3,695,000$413/sqft |
Source: MLS PIN #73149807 Report a problem | ||
| 8/17/2023 | Listed for sale | $3,695,000$413/sqft |
Source: MLS PIN #73149807 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Winter Hill
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Nearby schools
GreatSchools rating
- 3/10Winter Hill Community SchoolGrades: PK-8Distance: 0.1 mi
- 6/10Somerville High SchoolGrades: 9-12Distance: 0.3 mi
- 4/10East Somerville Community SchoolGrades: PK-8Distance: 0.2 mi
- Massachusetts
- Middlesex County
- Somerville
- 02145
- Winter Hill
- 52-54 Bonair St
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Nearby neighborhoods
Nearby zip codes
Other Somerville Topics
