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Christian Iantosca

christian@arborviewcompanies.com +1(617) 543-0501

$2,799,000

Est. payment - /mo

8 Beds

10.5 Baths

4,050 SqFt

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Open House

Sun Sep 27, 11:00am - 12:30pm

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Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,050 sqft

Price per Sqft $691

MLS Listing ID 73560505

Bedrooms 8

Full Baths 9

Half Baths 3

Year Built 1900

Annual Tax Amount $9,999

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type 4 Family

Property Description

Rare opportunity to own a fully renovated four-unit investment package in Somerville's highly sought-after Assembly neighborhood. This unique offering includes three newly created luxury residences in the main building PLUS a detached, newly constructed, fully sound-insulated cottage (ADU), providing an ideal mix of privacy, modern design, and exceptional income potential. Projected to deliver a 5%+ cap rate, this turnkey investment combines strong cash flow with long-term appreciation. Rents in MLS are estimated. Each residence features high-end finishes, designer kitchens with quartz countertops, premium cabinetry, luxury bathrooms, energy-efficient HVAC systems, in-unit laundry, and thoughtfully designed open floor plans. The detached cottage offers the feel of a private single-family home while benefiting from the convenience of an established multifamily property. All four units have been designed for low-maintenance ownership with modern building systems throughout. Just minutes from Assembly Row, Union Square, public transportation, restaurants, shopping, and major commuter routes, this is an exceptionally rare opportunity for investors or owner-occupants seeking a premium, income-producing asset.

Location

State MA

County Middlesex

Zoning NR

Direction cute traffic restricted street between broadway and bonair

Rooms

Basement Full, Partial

Exterior

Total Parking Spaces 2

Garage No

Building

Lot Description Level

Story 7

Foundation Concrete Perimeter, Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

NEARBY SCHOOL & BUSINESS

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Christian Iantosca

+1(617) 543-0501

Principal Broker & Founder License ID: 9086154

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17 Macarthur Street Somerville, MA 02145

Christian Iantosca

Open House

Key Details

Location

Rooms

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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17 Macarthur Street