BEDS8
BATHS6 full
SQUARE FEET3,304
MLS#73481884
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Finished, Interior Entry
Basement: Yes
Cooling: Window Unit(s), Wall Unit(s)
Heating: Baseboard, Hot Water, Natural Gas
Lot Size: 0.06 Acres
Roof Type: Shingle
Stories: 4.0
Taxes: $16,057
Year Built: 1900
Amenities
Stone/Granite/Solid Counters
Bathroom With Tub & Shower
Remodeled
Internet Available - Broadband
Living Room
Dining Room
Kitchen
Balcony
Feature Descriptions
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Building Area Total: 3304
Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Door Features: Insulated Doors
Dwelling Type: Multi Family
Electric: Circuit Breakers
Exterior: Frame
Flooring: Tile, Stone/Ceramic Tile
HeatingY/N: 1
Laundry: Electric Dryer Hookup, Washer Hookup
Lot Features: Corner Lot, Level
Open Parking Y/N: Yes
Parcel Number: 054B.00003000000,755689
Parking Features: Paved Drive, Off Street, Deeded
Parking Total: 3
Patio And Porch: Porch, Deck
Rent Includes: Unit 1(Water), Unit 2(Water)
Road Responsibility: Public Maintained Road
Rooms Total: 12
Sewer: Public Sewer
Units: 2
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Water: Public
Window Features: Picture Window, Box/Bay/Bow Window(s), Insulated Windows
Local Schools
High School: Somerville Hs
Middle School: Choice
Elementary School: Choice
Listed By / Shown By
Listed By
Agency Name: Gibson Sotheby's International Realty
Agency Phone: 617-945-9161
Agent Name: Lauren Holleran Team
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 5,994.96 per month $4,117.30 Principal & Interest $1,338.08 Property Tax $539.58 Homeowner's Insurance
47 Dane Street | MLS# 73481884
This multi-family property located at 47 Dane Street, Somerville, MA 02143 is currently listed for sale with an asking price of $1,850,000. Search Somerville real estate on www.masiellogrouprealestate.com today.