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23 Ossipee Rd Somerville, MA 02144

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For Sale
$1,900,000

Three-unit property near Tufts University with strong rental income.

Lot size:
0.23 Acres

Property Features for 23 Ossipee Rd

General Information

Lot size
0.23 Acres

Building Details

Year built
1920

Source: Sterling Beacon Hill Agent Alexander Jafry

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Somerville Multifamily Investment Opportunity

Located a short distance from Tufts University, 23 Ossipee Rd is a well-maintained three-unit multifamily property. This investment property generates $10,000 per month in rental income. Rent increases are already signed for as early as June 1, 2026. The property includes two 1-bedroom units and one 4-bedroom unit, each with in-unit laundry and well-kept interiors. The tenants have access to multiple outdoor decks and spaces, bright natural light, and comfortable layouts. Off-street parking is available for up to three cars. The property offers a blend of convenience, location, and financial upside.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Somerville
County
Middlesex
State
Massachusetts
Longitude
-71.1225453
Latitude
42.403481

FAQs

What type of property is this?
Triplex - Three-unit property near Tufts University with strong rental income.
Where is this triplex located?
The property is located at 23 Ossipee Rd Somerville, MA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: - High rental income of $10,000 per month with scheduled rent increases starting June 1, 2026.; - Prime location near Tufts University, ensuring consistent tenant demand.; - Turnkey investment property, ready for immediate income generation.
More about this property
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