52, 54 Bonair Street, Somerville, MA


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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


Utilities for Gas Range, for Electric Dryer
Parking Spaces 4
Parking Paved Drive, Off Street, Tandem
Is Waterfront No
Has Pool No


Appliances Utility Connections for Gas Range, Utility Connections for Electric Dryer
Fireplace No
# of Stories 6


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

Listing Map

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