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.
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Last Checked: October 30th, 2025 at 4:29am (Source: MLS PIN #73396214)
Gross Income: $80,400
Gross Expenses: $37,213
Net Income Calc: $43,187
CAP Rate: 0.86%
Annual Expenses for 52-54 Bonair St, Somerville MA 02145
Total Gross Expenses (Calculated)$37,213/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$37,213
Annual Income & Unit Breakdown for 52-54 Bonair St, Somerville MA 02145
Total Gross Income (Calculated)$80,400
Unit 1
Rental Income$3,300
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$3,400
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water)
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water)
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 52-54 Bonair St, Somerville MA 02145
Listing ID73396214
Property TypeMulti Family
Price$5,000,000 ($559.41/SqFt)
Style5+ Family - 5+ Units Side By Side
CitySomerville
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total8,938 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking4
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningNR
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 52-54 Bonair St, Somerville MA 02145
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$80,607
Total Gross Income By Broker$388,800
Total Net Income By Broker$308,193
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1.75%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 52-54 Bonair St, Somerville MA 02145
Real Estate Taxes$37,213
Tax Year25
Assessed Value$3,363,500
Financial Data Source
Total Gross Expenses By Broker$80,607
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$388,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$308,193
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)0.86%
Location Information for 52-54 Bonair St, Somerville MA 02145
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Pool, Private School, University
Contact Information for 52-54 Bonair St, Somerville MA 02145