52, 54 Bonair Street Somerville, MA 02145
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyMiddlesex
- Taxes$31,776
- HOA/Condo/Coop Fees$0
- Days on Site87 Days
- MLS StatusPending
- MLS ID Number73149807
- Home Size Source Public Records
- Year Built1900
- Lot Size0.29 Acres
- Full Baths10
- Partial BathsN/A
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Learn MoreRecent Activity For 52, 54 Bonair Street Somerville, MA 02145
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General Features
- Construction FrameStone
- Parking Paved DriveOff StreetTandem
- Parking Spaces 4
- Sewer Public Sewer
- Electric 220 Volts
- Basement FullWalk- Out AccessConcrete
- Number of Stories 6
- Acreage 0.29
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 0
- Foundation Concrete Perimeter
- Zoning RB
- Buyer Agent Compensation 2.0
- Facilitator Compensation 0.0
- Compensation Based On Gross/Full Sale Price
- Sub-Agency Relationship Offered No
- Garage 0
- Parking Features Paved DriveOff StreetTandem
- Electricity 220 Volts
Interior Features
- Flooring Hardwood
- Fireplaces 0
- Laundry Features Electric Dryer Hookup
- Fireplace No
Exterior Features
- Roof Rubber
- Spa No
- Waterfront Property No
- Lot Corner Lot
- Patio And Porch Porch
- Lot Features Corner Lot
Community Features
- Community Features Public TransportationShoppingTennis Court(s)ParkWalk/ Jog TrailsMedical FacilityLaundromatBike PathHighway AccessHouse of WorshipMarinaPrivate SchoolPublic SchoolT- StationUniversityWalk/Jog TrailsT-Station
- Senior Community No
- MLS Area Winter Hill
- Adult Care Community No