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.
- Heating System:
- Baseboard, Natural Gas, Hot Water
- Cooling System:
- Window Unit(s), Wall Unit(s)
- Basement:
- Full, Finished, Interior Entry
- Parking:
- Deeded, Off Street, Paved Drive
- Appliances:
- Disposal, Range, Dishwasher, Refrigerator, Washer, Dryer
- Construction:
- Frame
- Exterior Unit Features:
- Balcony
- Flooring:
- Tile, Stone/ceramic Tile
- Sewer:
- Public Sewer
- Water:
- Public
- Electric Feature:
- Circuit Breakers
- Garage Parking
- Interior Features:
- Internet Available - Broadband, Kitchen, Stone/granite/solid Counters, Bathroom With Tub & Shower, Dining Room, Living Room, Remodeled
- Lead Paint:
- Unknown
- Laundry Features:
- Washer Hookup, Electric Dryer Hookup
- Road Type:
- Paved
- Rent Fee Includes:
- Unit 1(water), Unit 2(water)
- Area:
- Union Square
- Grade School:
- Choice
- High School:
- Somerville Hs
- Middle School:
- Choice
- Market Time:
- 4
- Parking Spaces:
- 3
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $560
- Zoning:
- RB
- No Units:
- 2
- Orig Price:
- $1,850,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Somerville
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02143
- Longitude:
- W72° 53' 43''
- Latitude:
- N42° 22' 48.6''
Residential Income
47 Dane Street, Somerville, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,850,000
- Bedrooms :
- 8
- Rooms :
- 12
- Total Bathrooms :
- 6
- Full Bathrooms :
- 6
- Square Footage :
- 3,304 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.06 Acre
- Listing ID :
- 73481884
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
