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 Features
Heating Information
Natural Gas
Baseboard
Hot Water
Parking
Paved
Off Street
Deeded
Basement
Full
Finished
Interior Entry
Cooling Information
Window Unit(s)
Wall Unit(s)
Water Features
Public
School Information
School Information for 47 Dane Street, Somerville, MA 02143
Elementary School
Choice
Middle School
Choice
High School
Somerville Hs
Listing Courtesy: Gibson Sotheby's International Realty - 617-945-9161