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47 Dane Street

Somerville, MA 02143
  • $1,850,000
  • STATUS: Active
  • MLS #: 73481884
UPDATED: 58 min ago
$1,850,000
  • 8
    BEDS
  • 0.06
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,304
    SQFT
  • $560
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Lauren Holleran Team of Gibson Sotheby's International Realty.

Description

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.

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The property listing data and information 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 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 set forth herein. Data last updated 2026-04-10T21:04:45.81.
www.c21revolution.com/homes/173638042
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47 Dane Street Somerville, MA 02143

  • Price: $1,850,000
  • Status: Active
  • On Site: Days
  • Updated: 58 min ago
  • MLS #: 73481884
8
Beds
6
Baths
0
½ Baths
0.06
Acres
3,304
SQFT
$560
$/SQFT
1900
Built
Neighborhood:
Union Square
County:
Middlesex
Area:
Union Square
Elementary School:
choice
Middle School:
Choice
High School:
Somerville Hs
Property Description
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.
Exterior Features

Color Blue Construction Materials Frame Covered Spaces 0 Exterior Features Balcony Garage YN No Levels 4 Lot Features Corner LotLevel Open Parking YN Yes Parking Features Paved DriveOff StreetDeeded Parking Total 3 Patio And Porch Features PorchDeck Road Frontage Type Public Road Responsibility Public Maintained Road Road Surface Type Paved Roof Shingle Spa YN No Waterfront YN No

Interior Features

Appliances RangeDishwasherDisposalRefrigeratorWasherDryer Basement FullFinishedInterior Entry Building Area Total 3304 Cooling Window Unit(s)Wall Unit(s) Cooling Units 0 Cooling YN Yes Cooling Zones 0 Door Features Insulated Doors Fireplace YN No Fireplaces Total 0 Flooring TileStone/Ceramic Tile Foundation Details StoneBrick/Mortar Heat Units 2 Heat Zones 2 Heating BaseboardHot WaterNatural Gas Heating YN Yes Interior Features Stone/Granite/Solid CountersBathroom With Tub & ShowerRemodeledInternet Available - BroadbandLiving RoomDining RoomKitchen Laundry Features Electric Dryer HookupWasher Hookup Lead Paint Unknown Rooms Total 12 Window Features Picture WindowBox/Bay/Bow Window(s)Insulated Windows

Property Features

Community Features Public TransportationShoppingPoolParkWalk/Jog TrailsMedical FacilityLaundromatBike PathHighway AccessHouse of WorshipPrivate SchoolPublic SchoolT-StationUniversitySidewalks Electric Circuit Breakers Electric Expense 0 Gross Income 120000 Gross Scheduled Income 0 Home Warranty YN No Insurance Expense 2500 Listing Terms Contract Net Operating Income 98550 Operating Expense 21450 Property Sub Type Multi Family Rent Includes Unit 1(Water)Unit 2(Water) Senior Community YN No Sewer Public Sewer Tax Annual Amount 16057.66 Tax Year 2026 Total Actual Rent 10000 Utilities for Electric Rangefor Electric DryerWasher Hookup Water Sewer Expense 3500 Water Source Public Year Built Details Approximate Year Round Yes Zoning RB

Listing information © 2026 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Lauren Holleran Team of Gibson Sotheby's International Realty: 617-945-9161.


The property listing data and information 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 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 set forth herein. Data last updated 2026-04-10T21:04:45.81.
 
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CENTURY 21 Revolution
625 Massachusetts Ave, 2nd Floor
Cambridge MA, 02139
Listing courtesy of Lauren Holleran Team of Gibson Sotheby's International Realty.