47 Dane Street , Somerville, Massachusetts

Multi-Family for Sale in Somerville

47 Dane Street , Somerville, MA

  • CA$2,334,145
  • 8 BEDS
  • 6 BATHS
  • 0.06 ac Land
  • CA$2,334,145

Multi-Family for Sale in Somerville

47 Dane Street , Somerville, MA

  • CA$2,334,145
  • 8 BEDS
  • 6 BATHS
  • 0.06 ac Land
  • CA$2,334,145

Key Facts

  • MLS® #: 73481884
  • Property ID: SIRC3171371
  • Original Price: USD 1,850,000
  • Property Type: Residential, Multi-Family Home
  • Style: Multi Level
  • Lot Size: 0.06 ac
  • Year Built: 1900
  • Bedrooms: 8
  • Bathrooms: 6
  • Parking Spaces: 3

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 bathrooms, water lines, drywall (2017). Unit #1is leased for $4,900/month - 4 bedrooms, 3 bathrooms first and lower level unit with a private porch and deck. Unit #2 is leased for $5,100/month - 4 bedrooms, 3 bathrooms 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.

Amenities

  • Basement - Finished
  • Open Porch
  • Wraparound Deck

Listing Agents

  • Lauren Holleran

    C. 6179132203

    O. 6179132203

  • Michael George

    C. 2072722758

    O. 2072722758

Ask Us For More Information

*Showing requires confirmation from agent.

Ask Us For More Information

*Showing requires confirmation from agent.

Location

47 Dane Street , Somerville, Massachusetts, 02143 United States

Around this property

Information about the area within a 5-minute walk of this property.

Request Neighbourhood Information

Learn more about the neighbourhood and amenities around this home

Request Now

Marketed By

Gibson Sotheby's International Realty
1008 Massachusetts Avenue
Cambridge, Massachusetts, 02138
United States

6179459161

Similar PropertiesSee All Similar Properties

Home/United States/Massachusetts/Somerville/MLS® 73481884