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47 Dane StreetSomerville, MA 02143

For Sale

$1,850,000

Smart Buyer Rebate $9,250

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.

Listed by Lauren Holleran

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Gibson Sotheby's International Realty

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617-913-2203

Listed by Michael George

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Gibson Sotheby's International Realty

Listed by Lauren Holleran Team

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Gibson Sotheby's International Realty

Last updated October 16, 2025

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Source: MLSPin #73428170

Listing Facts

  • TypeMulti-family
  • NeighborhoodWard Two
  • Bedrooms8
  • Bathrooms6
  • Days on Prevu43
  • Taxes$16,057.66/year
  • Size3,304 sqft
  • Price per sqft$560

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

09/09/2025
Listed by Gibson Sotheby's International Realty
$1,850,000

Property Details for 47 Dane Street

Association

Amenities

  • 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

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Shingle
  • Stories: 4
  • Stories Total: 4
  • Window Features: Picture Window, Box/Bay/Bow Window(s), Insulated Windows
  • Year Built: 1900
  • Year Built Details: Approximate
  • Construction Materials: Frame
  • Exterior Features: Balcony

Features

  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public

Measurements

  • Building Area Total: 3,304
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.06
  • Lot Size Area: 0
  • Lot Size Square Feet: 2,560
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $120,000.00
  • Operating Expense: $21,450.00

Taxes

  • Parcel Number: 054B.00003000000,755689
  • Tax Annual Amount: $16,057.66
  • Tax Assessed Value: $1,416,100.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Flooring: Tile, Stone/Ceramic Tile
  • Interior Features: Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Remodeled, Internet Available - Broadband, Living Room, Dining Room, Kitchen

Measurements

  • Living Area: 3,304
  • Living Area Source: Measured

Rooms

  • Basement: Full, Finished, Interior Entry
  • Bathrooms Full: 6
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 8
  • Rooms Total: 12

Other

Location

  • Tax Block: B
  • Tax Lot: 3

Parking

Parking

  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street, Deeded
  • Parking Total: 3

Schools

Elementary School

  • Elementary School: Choice

High School

  • High School: Somerville Hs

Middle or Junior School

  • Middle Or Junior School: Choice

Utilities

Equipment

  • Cooling: Window Unit(s), Wall Unit(s)
  • Has Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Baseboard, Hot Water, Natural Gas
  • Has Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: For Electric Range, For Electric Dryer, Washer Hookup
  • Water Source: Public

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.