52 & 54 Bonair Street, Somerville, Massachusetts 02145

$3,700,000
22
BD
10
BA
8,937
SqFt
List Price
$3,700,000
MLS#
72920016
Bedrooms
22
Full Bathrooms
10
Sq. Ft
8,937
Lot Size
5,227
County
Middlesex
Year Built
1900
Status
ACTIVE

Property Description

The Property is comprised of (2) adjacent residential buildings and contains a total of (10) residential units. 52 Bonair contains (6) units consisting of (5), 2-Bedroom/1-Bathroom, and (1), 3-Bedroom/1-Bathroom unit in 5,372 sqft of living area in 7,108 sqft of gross area on a 0.06-acre parcel. 54 Bonair contains (4) units consisting of (2), 3-Bedroom/1-Bathroom, (1), 2-Bedroom/1-Bathroom units, and (1), studio unit in 3,565 sqft of living area. The opportunity exists to drive rental rates through programmatic upgrades and renovations to the units generating higher revenue. 52-54 Bonair St features separate utilities for each unit, with the Landlord only responsible for water & sewer and common area utilities. 54 Bonair St has gas fired, forced hot water heat and gas fired hot water. 52 Bonair St has gas and oil-fired heat and gas fired hot water. The Property offers off-street tandem driveway parking for tenants.

Additional Information

Days on Market
67
Taxes
$28,446
Tax Year
2021
Assessment
2791600
Construction
Stone/Concrete
Amenities
Public Transportation, Shopping, Park, Public School, T-Station
Basement
Yes
Basement Features
Full
Hotwater
Oil, Natural Gas
Lot Description
Corner
Parking Spaces
2
Acres
0.12
Price Per Sqft
$414
Utilityconnections
for Gas Range

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Listing courtesy of Dennis Kelleher from Horvath & Tremblay

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