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.
This home has been viewed 13 times
Last Checked: June 23rd, 2026 at 9:53pm (Source: MLS PIN #73539496)
Gross Income: $166,800
Gross Expenses: $48,338
Net Income Calc: $118,462
Water Views
Annual Expenses for 422 Mcgrath Highway, Somerville MA 02143
Total Gross Expenses (Calculated)$48,338/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax16755
Annual Income & Unit Breakdown for 422 Mcgrath Highway, Somerville MA 02143
Total Gross Income (Calculated)$166,800
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 422 Mcgrath Highway, Somerville MA 02143
Listing ID73539496
Property TypeMulti Family / 4 Family
Price2300000 ($486.77/SqFt)
Style4 Family
CitySomerville
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total4725
Approximate Lot Size (Acres)0.13
Total Parking0
Garage Parking0
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningUR
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 422 Mcgrath Highway, Somerville MA 02143
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBasement Fridge
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
For Sale By OwnerEntry Only
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 422 Mcgrath Highway, Somerville MA 02143
Real Estate Taxes16755
Tax Year2026
Assessed Value$1,526,000
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 422 Mcgrath Highway, Somerville MA 02143
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 422 Mcgrath Highway, Somerville MA 02143