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67 Bonair St Somerville, MA 02145
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Key Details
Sold Price $1,760,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,072 sqft
Price per Sqft $572
MLS Listing ID 72780846
Sold Date 06/30/21
Bedrooms 7
Full Baths 5
Year Built 1920
Annual Tax Amount $11,632
Tax Year 2020
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Price reduction! Are you looking for cash flow? Do you need to do a 1031 Exchange? Look no further. Turnkey 5 unit multifamily in Somerville with all 5 units leased, currently grossing $10,100 per month in rent. *Will gross $10,285 per month in 2021-2022. This well-cared for property in Winter Hill near the future Green Line extension is a great one to add to your portfolio. Many updates, including newer heat & A/C systems, renovated kitchens and baths, fenced yard, income-generating coin-op laundry, and paved parking area with 3 side-by-side spaces. Units 3 & 4 underwent significant renovations within the last 4 years. Units 1,2,4 and 5 are leased through August 2021, and Unit 3 is leased through May 2021. Excellent tenants with perfect rent payment history. Unit floor plans and 2020 P&L statement available as attachments in MLS.
Location
State MA
County Middlesex
Zoning RB
Direction McGrath Hwy --> Edmands St---> Bonair St
Rooms
Basement Full
Interior
Flooring Wood
Appliance Gas Water Heater, Utility Connections for Gas Range
Laundry Laundry Room
Exterior
Fence Fenced/Enclosed, Fenced
Community Features Public Transportation, Park, Highway Access, T-Station, University
Utilities Available for Gas Range
Roof Type Shingle, Rubber
Total Parking Spaces 3
Garage No
Building
Lot Description Level
Story 11
Foundation Stone
Sewer Public Sewer
Water Public
Others
Acceptable Financing Contract
Listing Terms Contract
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Bought with Moira Vittengl • Coldwell Banker Realty - Boston
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