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    47 Dane St Somerville, MA 02143

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    For Sale
    $1,850,000

    Renovated two-family near Union Square with strong rental income.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    15
    Last Refresh:
    Apr 24 at 4:40 pm

    Property Features for 47 Dane St

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1900

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    Listing Contact
    Michael George

    Listing agent Michael George

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of Michael George

    HighLights

    • Prime investment property with a current annual rent roll of $120,000 through July 2026.
    • Excellent location near Union Square, Inman Square, and Harvard University with high walk, bike, and transit scores (97, 89, 85 respectively).
    • Two fully leased units, each with 4 bedrooms and 3 bathrooms, generating stable rental income.
    • Extensive renovations completed in 2017 and 2025, including new roof, siding, floors, windows, kitchens, and baths.
    • Each unit features private entry, stainless steel appliances, separate washer and dryer, and private outdoor space (porch/deck/balcony).
    • Separate systems for each unit with tenants paying for heating and electricity, plus three parking spaces.

    Overview

    Renovated Two-Family Investment Opportunity

    This renovated two-family property presents a prime investment opportunity, situated close to Union Square (Green Line T) and Inman Square, with convenient access to Harvard (Red Line T) by foot or bike. The property generates a current annual rent roll of $120,000 through July 2026. Both units feature private entries, stainless steel appliances, and separate washer and dryer units. Updates include a new roof and exterior siding (2025), as well as updated floors, windows, trim, boilers, electric, sewer pipes, kitchens and baths, water lines, and drywall (2017). Unit #1, a 4-bedroom, 3-bath first and lower level unit, is leased for $4,900 per month and includes a private porch and deck. Unit #2, a 4-bedroom, 3-bath upper duplex, is leased for $5,100 per month and features a private balcony. Each unit has separate systems, with tenants responsible for heating and electricity. The property includes three parking spaces. The location is considered a walker's paradise with a walk score of 97, very bikeable with a bike score of 89, and has excellent transit with a transit score of 85.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.104708
    Latitude
    42.3801729

    FAQs

    What type of property is this?
    Duplex - Renovated two-family near Union Square with strong rental income.
    Where is this duplex located?
    The property is located at 47 Dane St Somerville, MA.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: Prime investment property with a current annual rent roll of $120,000 through July 2026.; Excellent location near Union Square, Inman Square, and Harvard University with high walk, bike, and transit scores (97, 89, 85 respectively).; Two fully leased units, each with 4 bedrooms and 3 bathrooms, generating stable rental income.
    More about this property
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