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.
For sale
$1,850,000
47 Dane St, Somerville, MA 02143
8beds
3,304sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$1,520,700 Zestimate®
$560/sqft
$-- HOA
What's special
Private porch and deckPrivate entryPrivate balconyThree parking spacesKitchens and bathsSeparate washer and dryerStainless steel appliances
- 24 days |
- 1,203 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: March 07, 2026 at 12:10am
Listed by:
Lauren Holleran Team 617-913-2203,
Gibson Sotheby's International Realty 617-945-9161
Source: MLS PIN,MLS#: 73481884
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Hot Water, Natural Gas
Cooling
- Window Unit(s), Wall Unit(s)
Appliances
- Included: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Remodeled, Internet Available - Broadband, Living Room, Dining Room, Kitchen
- Flooring: Tile, Stone/Ceramic Tile
- Doors: Insulated Doors
- Windows: Picture Window, Box/Bay/Bow Window(s), Insulated Windows
- Basement: Full,Finished,Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 3,304
- Total interior livable area: 3,304 sqft
- Finished area above ground: 2,572
- Finished area below ground: 732
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive, Off Street, Deeded
- Uncovered spaces: 3
Features
- Patio & porch: Porch, Deck
- Exterior features: Balcony
Lot
- Size: 2,560 Square Feet
- Features: Corner Lot, Level
Details
- Parcel number: 054B.00003000000,755689
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Dryer, Washer Hookup
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
Location
- Region: Somerville
Financial & listing details
- Price per square foot: $560/sqft
- Tax assessed value: $1,416,100
- Annual tax amount: $16,057
- Date on market: 3/6/2026
- Listing terms: Contract
- Total actual rent: 10000
- Road surface type: Paved
Estimated market value
$1,520,700
$1.37M - $1.69M
$5,287/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2026 | Listed for sale | $1,850,000$560/sqft |
Source: MLS PIN #73481884 Report a problem | ||
| 11/17/2025 | Listing removed | $1,850,000$560/sqft |
Source: MLS PIN #73428170 Report a problem | ||
| 9/9/2025 | Listed for sale | $1,850,000+129.8%$560/sqft |
Source: MLS PIN #73428170 Report a problem | ||
| 6/13/2025 | Listing removed | $4,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/29/2025 | Listed for rent | $4,900+8.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/11/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/6/2022 | Listed for rent | $4,500+40.6%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/21/2020 | Listing removed | $3,200$1/sqft |
Source: Apartment Rental Experts Report a problem | ||
| 9/30/2020 | Listed for rent | $3,200-30.4%$1/sqft |
Source: Apartment Rental Experts Report a problem | ||
| 3/15/2019 | Listing removed | $4,600+15%$1/sqft |
Source: Andrea at Apartment Rental Experts Report a problem | ||
| 3/7/2019 | Listed for rent | $4,000-9.1%$1/sqft |
Source: Andrea at Apartment Rental Experts Report a problem | ||
| 5/27/2018 | Listing removed | $4,400$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 4/26/2018 | Price change | $4,400+100%$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 4/14/2018 | Listed for rent | $2,200-50%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/26/2017 | Listing removed | $4,400$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/2/2017 | Listed for rent | $4,400$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/28/2016 | Sold | $805,000+0.6%$244/sqft |
Source: Public Record Report a problem | ||
| 10/2/2016 | Listed for sale | $799,900+63.2%$242/sqft |
Source: Cameron Real Estate Group #72074059 Report a problem | ||
| 1/22/2016 | Sold | $490,000+30.7%$148/sqft |
Source: Public Record Report a problem | ||
| 12/30/2010 | Sold | $375,000$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,450 +6.9% | $1,416,100 +3.1% |
| 2024 | $14,452 +2.6% | $1,373,800 +0.9% |
| 2023 | $14,079 +7% | $1,361,600 +5.3% |
| 2022 | $13,164 +6.4% | $1,293,100 +6.5% |
| 2021 | $12,371 +6% | $1,214,000 +4.9% |
| 2020 | $11,674 +6.1% | $1,157,000 +13.2% |
| 2019 | $11,001 +8.5% | $1,022,400 +14.1% |
| 2018 | $10,136 +30.7% | $896,200 +34.8% |
| 2017 | $7,758 -1.6% | $664,800 +5.6% |
| 2016 | $7,886 | $629,400 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$11,034/mo
Principal & interest
$9477
Property taxes
$1557
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Climate risks
Neighborhood: Union Square
Nearby schools
GreatSchools rating
- 7/10Albert F. Argenziano School At Lincoln ParkGrades: PK-8Distance: 0.3 mi
- 6/10Somerville High SchoolGrades: 9-12Distance: 0.7 mi
- 3/10Winter Hill Community SchoolGrades: PK-8Distance: 0.8 mi
Schools provided by the listing agent
- High: Somerville Hs
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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