Off Market

23 Ossipee Rd, Somerville, MA

Somerville · MA 02144

$1,900,000
Price
6
Beds
3
Baths
3386
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 3 Units
Lot size: 9,999 Sq.Ft Lot
Price per square foot: $561 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

Welcome to 23 Ossipee Rd, a well-maintained three-unit multi-family property ideally located a stones throw away from Tufts University. This turnkey investment currently generates $10,000 per month in rental income, with rent increases already signed for as early as June 1 2026, making it a strong addition to any portfolio - or an excellent opportunity for an owner-occupant looking to offset living costs with steady rental income. The property consists of two spacious 1-bedroom units and one large 4-bedroom unit, each offering in-unit laundry and well-kept interiors. Tenants enjoy multiple outdoor decks/spaces, bright natural light, and comfortable layouts that make the building easy to rent and manage.Outside, the property features off-street parking for up to three cars, a valuable asset in this sought-after Somerville neighborhood. With its strong rental history, stable income stream, 23 Ossipee Rd presents a rare blend of convenience, location, and financial upside.

Neighborhood & Transit

Tufts University

23 Ossipee Rd, Somerville · MA 02144

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Medford/Tufts Green 0.41 mi
  • Davis Red 0.45 mi

Price Insight

Days on Market:
302 days
Listing Price:
$1,900,000
Price per Sq.Ft:
$561
Tax Assessment:
$1,651,000 in 2025
Taxes:
$1,560 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,386 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3386
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
9,999 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Alexander Jafry
Listing office
Sterling Beacon Hill
MLS PIN #
73454781
Disclosure
Listing agent related to seller.