47 Dane Street new Save Request In-Person Tour Request Virtual Tour
Somerville,MA 02143
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,304 sqft
Price per Sqft $559
MLS Listing ID 73428170
Bedrooms 8
Full Baths 6
Year Built 1900
Annual Tax Amount $16,057
Tax Year 2026
Lot Size 2,613 Sqft
Property Sub-Type Multi Family
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 August 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.
Location
State MA
County Middlesex
Area Union Square
Zoning RB
Interior
Heating Baseboard,Hot Water,Natural Gas
Cooling Window Unit(s),Wall Unit(s)
Flooring Tile,Stone/Ceramic Tile
Laundry Electric Dryer Hookup,Washer Hookup
Exterior
Exterior Feature Balcony
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
Utilities Available for Electric Range,for Electric Dryer,Washer Hookup
Roof Type Shingle
Building
Lot Description Corner Lot,Level
Story 4
Foundation Stone,Brick/Mortar
Sewer Public Sewer
Water Public
Schools
Elementary Schools Choice
Middle Schools Choice
High Schools Somerville Hs
Others
Acceptable Financing Contract
Listing Terms Contract
Virtual Tour https://vimeo.com/1116537665/13b3454635?share=copy