54 Bonair St, Somerville, MA 02145
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$2,000,000
4 Unit
10 Beds
4 Baths
3566 SQFT
0.06 Acre

Property Description

54 Bonair St is comprised of a three-story residential building and contains four (4) residential units consisting of one (1), 4-Bedroom/1-Bathroom unit, one (1), 3-Bedroom/1-Bathroom unit, one (1), 2-Bedroom/1-Bathroom unit, and one (1) studio unit. The Property also offers four (4) on-site parking spaces (three in tandem). 54 Bonair Street has received extensive renovations since its 2024 acquisition. All units 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 as well as the building’s common areas. The subject property is ideal for a potential buyer looking for income growth and strong investment returns. 52 Bonair St is also being offered (MLS #: 73413405), and 52 & 54 Bonair are being offered as a package (MLS #73396214).

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 4
  • Total Bedrooms: 10
  • Total Full Baths: 4
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station, University, Walk/Jog Trails

Financial

  • APOD Available: No
  • Gross Operating Income: 157680
  • Gross Expenses: 35186
  • Net Operating Income: 122494

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Heat, Hot Water, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Included in Rent: Electric, Heat, Hot Water, Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 4 Family - 4 Units Up/Down
  • Foundation Info: Other (See Remarks)
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73413406
  • Last Updated: 08/08/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/08/2025Active$2,000,000$561MLSPIN
08/04/2025New$2,000,000$561MLSPIN
08/16/2022Canceled$1,600,000$449MLSPIN
06/14/2022Active$1,600,000$449MLSPIN
06/10/2022Price Change$1,600,000$449MLSPIN
05/02/2022Active$1,600,000$449MLSPIN
05/02/2022Active$1,668,876$468MLSPIN
04/30/2022New$1,668,876$468MLSPIN
04/28/2022Active$1,668,876$468MLSPIN

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Seller's Representative: Kelleher - Pentore Team, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: 1.75
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-08-08 03:05:00

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