About 52, 54 Bonair Street
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.
Features of 52, 54 Bonair Street
MLS® # | 73149807 |
---|---|
Price | $3,695,000 |
Bedrooms | 21 |
Bathrooms | 10.00 |
Full Baths | 10 |
Square Footage | 8,937 |
Acres | 0.29 |
Year Built | 1900 |
Type | Residential Income |
Sub-Type | 5+ Family - 5+ Units Up/Down |
Status | Active |
Community Information
Address | 52, 54 Bonair Street |
---|---|
Area | Winter Hill |
City | Somerville |
County | Middlesex |
State | MA |
Zip Code | 02145 |
Amenities
Utilities | for Gas Range, for Electric Dryer |
---|---|
Parking Spaces | 4 |
Parking | Paved Drive, Off Street, Tandem |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Utility Connections for Gas Range, Utility Connections for Electric Dryer |
---|---|
Fireplace | No |
# of Stories | 6 |
Exterior
Exterior Features | Porch |
---|---|
Lot Description | Corner Lot |
Roof | Rubber |
Construction | Frame, Stone |
Foundation | Concrete Perimeter |
Additional Information
Zoning | RB |
---|
Listing Details
Agent | Robert Downer |
---|---|
Office | R.E.D. Development & Real Estate Group |
Buyer Agent Compensation | 2.0 |
Facilitator Compensation | 0.0 |
Compensation Based On | Gross/Full Sale Price |
Sub Agency Relationship Offered | No |