Exceptional investment opportunity in Somerville’s highly desirable Prospect Hill neighborhood. This well-maintained 4-unit multifamily property features (2) spacious 3-bedroom, 2-bath units and (2) 4-bedroom, 2-bath units, each offering private direct-entry access for a townhouse-style living experience. Originally gut renovated in 2016, the property includes modern finishes, central air conditioning, in-unit laundry, separately metered utilities, and rear outdoor space. Tenants pay their own gas and electric expenses, minimizing owner operating costs. The asset has been professionally maintained and offers upside potential through future rent growth. Ideally located with convenient access to Cambridge, Boston, Assembly Row, Union Square, Kendall Square, major employers, universities, public transportation, shopping, dining, and entertainment. A turnkey multifamily asset in one of Greater Boston’s strongest rental markets.
- Basement:
- Full
- Construction:
- Frame
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Lead Paint:
- Unknown
- Market Time:
- 4
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $487
- Zoning:
- UR
- No Units:
- 4
- Orig Price:
- $2,300,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Somerville
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02143
- Longitude:
- W72° 54' 32.2''
- Latitude:
- N42° 22' 55.9''
Residential Income
422 Mcgrath Highway, Somerville, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $2,300,000
- Bedrooms :
- 14
- Rooms :
- 20
- Total Bathrooms :
- 8
- Full Bathrooms :
- 8
- Square Footage :
- 4,725 Sqft
- Year Built :
- 1920
- Lot Area :
- 0.13 Acre
- Listing ID :
- 73539496
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com