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47 Dane Street

Union Square - Somerville, MA ID #73428170

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47 Dane Street

Union Square - Somerville, MA ID #73428170

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 August 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.

Additional Details

  • Status: NEW
  • Type: Multi-Family, Multi Family
  • Area: Union Square
  • Zip Code: 02143
  • Taxes: 16,058
  • Levels: 4
  • Acres: 0.06

Parking

  • Parking: Paved Drive, Off Street, Deeded
  • Parking Spaces: 3

Rooms/Dimensions

  • Total Units: 2
  • Total Floors: 4
  • Total Rooms: 12

Location

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Content © 2025 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Lauren Holleran Team of Gibson Sotheby's International Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.