52-54 Bonair St is comprised of 2 adjacent residential buildings on separate tax parcels. 52 Bonair contains 6 units consisting of (5) 2-Bed/1-Bath units and (1) 3-Bed/1-Bath unit. 54 Bonair contains 4 units consisting of (1) 4-Bed/1-Bath unit, (1) 3-Bed/1-Bath unit, (1) 2-Bed/1-Bath unit and 1 studio unit. 52-54 Bonair Street has received extensive renovations since its 2024 acquisition. All units (except 44 Dana #1) feature brand new kitchens with quartz countertops, shaker cabinets and stainless-steel appliances, new bathrooms with new showers, vanities and flooring. Additional unit renovations include new and/or re-finished flooring, new light fixtures as well as painting the units’ interiors and the building’s common areas. There are 4 total parking spaces including 3 in Tandem. 52-54 Bonair offers the opportunity to acquire a turnkey investment in an exceptional, urban-infill location. Bonair is ideal for a potential buyer looking for income growth and strong investment returns.
— MLSPIN #: 73396214Map of 52-54 Bonair St, Somerville, MA 02145
List Price: | $5,000,000 |
---|---|
Status: | Active |
MLS ID: | 73396214 |
Town: | Somerville |
County: | Middlesex |
Zip: | 02145 |
Property Type: | Residential Income |
Property Sub Type: | 5+ Family - 5+ Units Side by Side |
Bedrooms: | 23 |
Full Baths: | 10 |
Living Area: | 8,938 sqft |
Acres: | 0.12 |
Taxes: | 37,213 |
Lot Features: | Corner Lot |
Parking Features: | Off Street |
Status: | Active |
Water Source: | Public |
Year Built: | 1900 |
Roof: | Shingle, Rubber |
Directions: | Please use GPS |
Foundation Details: | Other |
Electric: | Individually Metered, Varies per Unit |
Listing Contract Date: | 2025-06-25 |
Lot Size Area: | 0.12 |
Lot Size Square Feet: | 5,227 |
Rooms Total: | 41 |
Bathrooms Total Integer: | 10 |
Building Area Source: | Public Records |
Building Area Total: | 8,938 |
Community Features: | Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University |
Levels: | 3 |
Living Area Units: | Square Feet |
Lot Size Units: | Acres |
Number Of Units Total: | 10 |
Rent Includes: | Unit 1(Water), Unit 2(Water) |
Sewer: | Public Sewer |
Zoning: | NR |
Stories Total: | 3 |
Year Built Source: | Public Records |
Farm Land Area Units: | Square Feet |
Gross Income: | $388,800 |
Listing Agreement: | Exclusive Right To Sell |
Apod Available: | No |
Comp Based On: | Net Sale Price |
Disclosure: | No |
Dpr Flag: | No |
Flrs 1: | 1 |
Flrs 2: | 1 |
Gre: | 80,607 |
Lead Paint: | Certified Treated, Unknown |
Lease 1: | Yes |
Lease 2: | Yes |
Levels 1: | 1 |
Levels 2: | 1 |
Listing Alert: | No |
List Price Per Sqft: | $559.41 |
Page: | 179 |
Price Per Sqft: | $559.41 |
Square Feet Incl Base: | No |
Sub Agency Offered: | No |
Net Operating Income: | $308,193 |
Operating Expense: | $80,607 |
Original List Price: | $5,000,000 |
Parking Total: | 4 |
Tax Assessed Value: | $3,363,500 |
Tax Year: | 25 |
Total Actual Rent: | $32,300 |
Year Built Details: | Approximate |
Bedrms 1: | 3 |
Bedrms 2: | 2 |
F Bths 1: | 1 |
F Bths 2: | 1 |
Hot Water: | Natural Gas |
Rent1: | 3,300 |
Rent2: | 3,400 |
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on July 06, 2025 10:32 PM
Property Last Updated: June 30, 2025 01:40 PM
Listing Courtesy of: Horvath & Tremblay
Listing Agent: Kelleher - Pentore Team
781-776-4004