47 Dane Street, Somerville, (Union Square), MA, 02143
12 rooms
8 beds
6 Full baths
1900
3,304 sqft
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.
Status:
Active
Town:
Somerville
Type:
Multi-family
Laundry Remarks:
Electric Dryer Hookup, Washer Hookup
Units:
2
Zoning:
RB
Heating:
Baseboard, Hot Water, Natural Gas
Cooling:
Window Unit(s), Wall Unit(s)
Basement:
Full, Finished, Interior Entry
Levels:
4
Parking:
3-car, Paved Drive, Off Street, Deeded
Acreage:
0.06
Est. Taxes:
$16,058
Assessment
$1,416,100
Construction
Frame
Utilities
for Electric Range, for Electric Dryer, Washer Hookup
Lot Description:
Corner Lot, Level
Amenities:
Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
Elementary School:
Choice
Middle School:
Choice
High School:
Somerville Hs
Appliances:
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
MLS #:
73481884
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Lauren Holleran Team, Gibson Sotheby's International Realty