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47 Dane Street, Somerville MA 02143

$1,850,000

Estimated $4,338/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $925,000

Total Rent: 120000/year

Estimated CAP Rate:

8 Bedrooms

Baths

3304

Total Parking: 3

2,560 (0.06)

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.

This home has been viewed 14 times

Last Checked: May 1st, 2026 at 4:29am (Source: MLS PIN #73481884)

Gross Income: $120,000

Gross Expenses: $22,057

Net Income Calc: $97,943

Water Views

Annual Expenses for 47 Dane Street, Somerville MA 02143

Total Gross Expenses (Calculated)$22,057/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax16057.66

Annual Income & Unit Breakdown for 47 Dane Street, Somerville MA 02143

Total Gross Income (Calculated)$120,000

Unit 1

Rental Income$0

LeaseY

Bedrooms4

Bathrooms3 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms4

Bathrooms3 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 47 Dane Street, Somerville MA 02143

Listing ID73481884

Property TypeMulti Family

Price1850000 ($559.93/SqFt)

StyleMulti Family

CitySomerville

CountyMiddlesex

MLS AreaUnion Square

Neighborhood(s)

Approximate Living Area Total3304

Approximate Lot Size (Acres)0.06

Total Parking3

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRB

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 47 Dane Street, Somerville MA 02143

Lead PaintNone

UFFINo

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceMeasured

ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 47 Dane Street, Somerville MA 02143

Real Estate Taxes16057.66

Tax Year2026

Assessed Value$1,416,100

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 47 Dane Street, Somerville MA 02143

Elementary SchoolChoice

Middle SchoolChoice

High SchoolSomerville Hs

Neighborhood(s)

MLS AreaUnion Square

Area AmenitiesWalk/jog Trails

Contact Information for 47 Dane Street, Somerville MA 02143

Agent

Name: Lauren Holleran Team

Office

Name: Gibson Sotheby's International Realty

Phone: 617-945-9161

Team Members

Name: Michael George

Payment Calculator

, Interest

Property Taxes 1338.14

Principal & Interest 11399.11

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gibson Sotheby's International Realty

Lauren Holleran Team

Agent Phone

Office Phone

(617) 945-9161

Text Agent Call Agent Call Office

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    [unparsed] => 47 Dane Street, Somerville MA 02143
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EXIT

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