Somerville, MA 02145,52, 54 Bonair Street
Somerville, MA 02145,52, 54 Bonair Street
Somerville, MA 02145,52, 54 Bonair Street
23
$3,450,000
$3,695,000
6.6%
Est.Price: ?

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21 BD
10 BA
8,937 SqFt

52, 54 Bonair Street Somerville, MA 02145

Est. payment /mo
SOLD DATE : 05/29/2024

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $3,450,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 8,937 sqft

Price per Sqft $386

MLS Listing ID 73149807

Bedrooms 21

Full Baths 10

Year Built 1900

Annual Tax Amount $31,776

Tax Year 2023

Lot Size 0.290 Acres

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

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.

Location

State MA

County Middlesex

Area Winter Hill

Zoning RB

Interior

Flooring Hardwood

Laundry Electric Dryer Hookup

Exterior

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

Utilities Available for Gas Range, for Electric Dryer

Roof Type Rubber

Building

Lot Description Corner Lot

Story 6

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

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Listed by R.E.D. Development & Real Estate Group
Bought with Julie Tsakirgis Group • RE/MAX Property Shoppe, Inc.
agent

Eric Coury

Realtor - Team Manager

+1(508) 838-6956

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