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47 Dane Street, Somerville MA 02143

Somerville, MA 02143 • Union Square
$1,850,000
Est. $10,893/month
8
Beds
6
Baths
3,304
Sq Ft
$560
Price/Sq Ft
0.06
Acres
1900
Year Built
Multi Family
Type
13 hours 7 minutes
Time on Market
Active Listed Mar 3, 2026 • MLS# 73481884 Copied!

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 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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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
8
Full Bathrooms
6
Living Area
3,304 sq ft
Total Rooms
12
Stories
4
Levels
4

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 3,304 sq ft
Lot Size 0.06 acres
Bedrooms 8
Full Baths 6
Total Rooms 12

Interior

Heating Baseboard, Hot Water, Natural Gas
Cooling Window Unit(s), Wall Unit(s)
Flooring Tile, Stone/ceramic Tile
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Finished, Interior Entry
Laundry Electric Dryer Hookup, Washer Hookup
Features Stone/granite/solid Counters, Bathroom With Tub & Shower, Remodeled, Internet Available - Broadband, Living Room, Dining Room, Kitchen

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck

Parking

Features Paved Drive, Off Street, Deeded
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $16,058
Assessed Value $1,416,100

Interior Features

Flooring: Tile, Stone/Ceramic Tile
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Remodeled, Internet Available - Broadband, Living Room, Dining Room, Kitchen
Windows: Picture Window, Box/Bay/Bow Window(s), Insulated Windows
Basement: Full, Finished, Interior Entry
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 4

Heating, Cooling & Utilities

Heating: Baseboard, Hot Water, Natural Gas
Heating Zones: 2
Cooling: Window Unit(s), Wall Unit(s)
Hot Water: Natural Gas, Tankless
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch: Porch, Deck
Fencing:
Other Structures:
Lot Features: Corner Lot, Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street, Deeded

Location

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Neighborhood

Union Square

47 Dane Street, Somerville MA 02143

Somerville, MA 02143

Walkability

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Nearby Schools

School District
Somerville School District local
B-
✓ School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
↓ 3.0% below state avg
E

Elementary Schools

9 schools
B+
Albert F. Argenziano School at Lincoln Park
0.3 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
St. Theresa of the Child Jesus School
0.5 mi
Grades PK-08
A
John F Kennedy School
0.9 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students Diverse
Grades PK-08
C+
East Somerville Community School
1.0 mi | #245 of 352 | Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students Diverse
Grades PK-08
C-
Winter Hill Community School
1.0 mi | #287 of 352 | Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students Diverse
Diverse Student Body
Grades PK-08
C+
Arthur D Healey School
1.3 mi | #236 of 352 | Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students Diverse
Rising School Diverse Student Body
Grades PK-08
Capuano Early Childhood Center
0.9 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
A+
Benjamin G Brown School
1.3 mi | #78 of 824 | Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
1.7 mi
Grades PK-K
M

Middle Schools

1 school
Next Wave Junior High School
0.7 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
0.7 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
0.7 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,338
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
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+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Mar 3, 2026
$1,850,000
Original listing
Agent: Lauren Holleran Team Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Mar 3, 2026 New Listing Added $1,850,000 —

Market Statistics

Time on Market
13 hours 7 minutes
Price per Sq Ft
$560

Tax History

Year Taxes Assessment
2026 $16,058 $1,416,100

Financial Details

Annual Property Tax
$16,058
Tax Year 2026
Assessed Value
$1,416,100

Listing Information

Listing Agent Lauren Holleran Team
Listing Office Gibson Sotheby's International Realty
Agent MLS ID TM331830
Office MLS ID AN2064
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Somerville, MA

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