47 Dane Street, Somerville, MA 02143
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan 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#:73481884
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 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.
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Home facts
- Year built:1900
- Listing ID #:73481884
- Updated:March 10, 2026 at 10:41 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:12
- Flooring:Tile
- Dining Description:Dining Room
- Bathrooms Description:Bathroom With Tub & Shower
- Kitchen Description:Dishwasher, Disposal, Kitchen, Range, Refrigerator
- Basement Description:Finished, Full, Interior Entry
- 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
- Lot Features:Corner Lot, Level
- Construction Materials:Frame
- Exterior Features:Balcony, Deck, Porch
- Foundation Description:Brick/Mortar, Stone
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)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
- Laundry features:Dryer, Electric Dryer Hookup, Washer, Washer Hookup
- Amenities:Internet Available - Broadband
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