67 Bonair Street presents a turnkey five-unit multifamily opportunity in Somerville. Fully leased and well maintained, this property is ideally located in the Winter Hill/East Somerville neighborhood with convenient access to the Green Line Extension, Assembly Square, and East Somerville. The large first-floor unit was previously utilized as an owner’s residence, offering flexibility as a premium owner-occupied space or strong portfolio addition. Current monthly income is $12,300.Recent capital improvements include newer heating and A/C systems, updated kitchens and baths, and a fenced yard. Additional features include income-generating coin-operated laundry and a paved parking area with three side-by-side spaces. A compelling investment or 1031 exchange opportunity. Unit floor plans, rent roll, and P&L statement available upon request.
Basement:
Full, Interior Entry
Parking:
3-car, Off Street, Assigned
Amenities:
Public Transportation, Shopping, Park, Bike Path, Highway Access, T-Station
67 Bonair St, Somerville, MA, 02145
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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