Sold!
$1,430,000
10
Beds
3/1
Baths
4,982
Living Area
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Property Description
East Somerville! This conveniently located three-family is a prime investment opportunity. 5 Fountain Avenue sits on a quiet one-way street near the new East Somerville GLX, and offers easy access to vibrant Union Square and Rt. 28. The property features three generous units—two single-level units with three bedrooms, a flexible office or study, and one bathroom each, plus a larger four-bedroom, one-and-a-half-bathroom unit spanning two levels. Unit 2 was recently renovated and features stainless steel appliances, granite countertops, and an open-concept kitchen, dining, and living area, providing inspiration for updates to the two other well-lived-in units. Other features include common laundry and a bonus community room for residents on the lower level, and a covered back patio. Each unit is individually metered, and all are leased through August 2025.
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Highlights
- Area: East Somerville
- Heating: Baseboard, Natural Gas
- Property Class: Residential Income
- Stories: 6
- Year Built: 1900
- Cooling: Window Unit(s)
- Levels: 6
- Property Type: 3 Family
- Total Rooms: 19
- Status: Closed
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Additional Details
- Appliances: Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator
- Construction: Frame
- Foundation: Other
- Lot Features: Level
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Full, Partially Finished, Interior Entry, Concrete
- Flooring: Wood, Tile, Vinyl, Carpet, Varies, Hardwood, Stone/Ceramic Tile
- Interior Features: High Speed Internet, Bathroom With Tub & Shower, Stone/Granite/Solid Counters, Remodeled, Dining Room, Kitchen, Family Room, Living Room, Office/Den, Living RM/Dining RM Combo
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Rb
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Amenities
- Community Features: Public Transportation, Shopping, Bike Path, Highway Access, Private School, Public School, T-Station
- Parking Features: Paved Drive, On Street
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Utilities
- Electric: Circuit Breakers, Individually Metered, Varies per Unit
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,369,900
- Tax Year: 2025
- Total Rent: $7,800
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $15,296
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Coldwell Banker Realty - Lexington.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
