47 Dane Street, Somerville, MA 02143

Local realty services provided by:ERA Key Realty Services
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:September 21, 2025 at 10:32 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)
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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