47 Dane Street, Somerville, MA 02143
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
47 Dane Street,Somerville, MA 02143
$1,850,000
- 8 Beds
- 6 Baths
- 3,304 sq. ft.
- Multi-family
- Active
Listed by: lauren holleran team
Office: gibson sotheby's international realty
MLS#:73428170
Source:MLSPIN
Price summary
- Price:$1,850,000
- Price per sq. ft.:$559.93
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 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.
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Home facts
- Year built:1900
- Listing ID #:73428170
- Updated:November 15, 2025 at 11:45 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Full bathrooms:6
- Living area:3,304 sq. ft.
Heating and cooling
- Cooling:Wall Unit(s), Window Unit(s)
- Heating:Baseboard, Hot Water, Natural Gas
Structure and exterior
- Roof:Shingle
- Year built:1900
- Building area:3,304 sq. ft.
- Lot area:0.06 Acres
Schools
- High school:Somerville Hs
- Middle school:Choice
- Elementary school:Choice
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,850,000
- Price per sq. ft.:$559.93
- Tax amount:$16,057 (2026)
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