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.
Property Details
Price:
$1,850,000
MLS #:
73481884
Status:
Active
Beds:
8
Baths:
6
Type:
Multi Family
Neighborhood:
unionsquare
Listed Date:
Mar 3, 2026
Finished Sq Ft:
3,304
Total Sq Ft:
3,304
Lot Size:
2,560 sqft / 0.06 acres (approx)
Year Built:
1900
Units:
2
See this Listing
Schools
Elementary School:
Choice
Middle School:
Choice
High School:
Somerville Hs
Interior
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Bathrooms
6 Full Bathrooms
Cooling
Window Unit(s), Wall Unit(s)
Flooring
Tile, Stone/Ceramic Tile
Heating
Baseboard, Hot Water, Natural Gas
Laundry Features
Electric Dryer Hookup, Washer Hookup
Exterior
Community Features
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
Construction Materials
Frame
Exterior Features
Balcony
Parking Features
Paved Drive, Off Street, Deeded
Parking Spots
3
Roof
Shingle
Financial
Tax Year
2026
Taxes
$16,058
Map
Community
- Address47 Dane Street Somerville MA
- CitySomerville
- CountyMiddlesex
- Zip Code02143
Subdivisions in Somerville
Market Summary
Current real estate data for Multi Family in Somerville as of Mar 12, 2026
48
Multi Family Listed
186
Avg DOM
465
Avg $ / SqFt
$2,343,667
Avg List Price
Property Summary
- 47 Dane Street Somerville MA is a Multi Family for sale in Somerville, MA, 02143. It is listed for $1,850,000 To schedule a showing of MLS#73481884 at 47 Dane Street in Somerville, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of Gibson Sotheby’s International Realty. 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.
47 Dane Street
Somerville, MA