47 Dane Street, Somerville MA 02143

Somerville, MA 02143 • Union Square
$1,850,000
Est. $9,846/month
8
Beds
6
Baths
3,304
Sq Ft
$560
Price/Sq Ft
0.06
Acres
1900
Year Built
Multi Family
Type
16
Days on Market
Active Listed Sep 26, 2025 • MLS# 73428170

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.

Facts & Features

Property Overview

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

Interior Features

Flooring
Tile, Stone/Ceramic Tile
Heating
Baseboard, Hot Water, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s), Wall Unit(s)
Has Cooling
Yes
Has Fireplace
No
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
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Finished, Interior Entry
Window Features
Picture Window, Box/Bay/Bow Window(s), Insulated Windows
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone, Brick/Mortar
Exterior Features
Balcony
Patio/Porch Features
Porch, Deck
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.06 acres
Lot Size
2,560 sq ft
Lot Size Area
0.0600
Lot Features
Corner Lot, Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street, Deeded

Utilities & Systems

Utilities Available
for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

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
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$16,058
Tax Year
2026
Tax Assessed Value
$1,416,100
Tax Lot
3
Tax Block
B
Tax Map Number
54
Parcel Number
054B.00003000000,755689
Zoning
RB
Financial Data Source
Owner

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Listing Terms
Contract

Location

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Neighborhood

Union Square

47 Dane Street, Somerville MA 02143

Somerville, MA 02143

Walkability

Loading Walk Score...

Schools

Elementary School
Choice
Rating information coming soon
Middle School
Choice
Rating information coming soon
High School
Somerville Hs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,338
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Sep 9, 2025
$1,850,000
Original listing
Agent: Lauren Holleran Team Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Sep 9, 2025 New Listing Added $1,850,000

Market Statistics

Days on Market
16 days
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

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