Off Market
47 Dane St, Somerville, MA
Somerville · MA 02143
- $1,850,000
- Price
- 8
- Beds
- 6
- Baths
- 3304
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
2 Units
Lot size:
2,560 Sq.Ft Lot
Price per square foot:
$560 / Sq.Ft
Parking:
3 Off Street Spaces
About this home
This renovated two-family is a prime investment opportunity close to Union Square (Green Line T), Inman Square and an easy commute by foot or bike to Harvard (Red Line T). It offers an outstanding opportunity for an investor seeking strong, stable rents with a current annual rent roll of $120,000 through July 2026. Both units offer private entry, stainless steel appliances, separate washer and dryer, as well as many updates - new roof (2025), new exterior siding (2025), floors, windows, trim, boilers, electric, sewer pipes, kitchens and baths, water lines, drywall (2017). Unit #1 - leased for $4,900/mo - 4 bedroom, 3 bath first and lower level unit with a private porch and deck. Unit #2 - leased for $5,100/mo - 4 bedroom, 3 bath upper duplex with a private balcony. Each unit has separate systems. Heating and electricity paid for by tenants. Three parking spaces. Capitalize on the underserved need for rental housing with a turn-key address in a dream location for investors.
Neighborhood & Transit
Union Square
47 Dane St, Somerville · MA 02143
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 245 days
- Listing Price:
- $1,850,000
- Price per Sq.Ft:
- $560
- Tax Assessment:
- $1,416,100 in 2026
- Taxes:
- $1,338 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 3,304 Sq.Ft (Includes Basement)
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2572
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers
Exterior Features
- Lot Size
- 2,560 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
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Lauren Holleran Team
- Listing office
- Gibson Sotheby's International Realty
- MLS PIN #
- 73481884
Similar homes nearby
3 matching listings
$1,549,900
$1,599,000
$1,799,999