aisellshomes.space

$2,300,000

Active

422 McGrath Highway

Somerville, MA, 02143

Multi-Family · MLS #73539496

Price/sqft

$487

Days on market

13 days

Year built

1920

Lot size

0.13 ac

4,725 sq ft

Sq Ft

0.13 acres

Lot

1920

Year Built

Taxes: $16,755 (2026)

About this home

Exceptional investment opportunity in Somerville’s highly desirable Prospect Hill neighborhood. This well-maintained 4-unit multifamily property features (2) spacious 3-bedroom, 2-bath units and (2) 4-bedroom, 2-bath units, each offering private direct-entry access for a townhouse-style living experience. Originally gut renovated in 2016, the property includes modern finishes, central air conditioning, in-unit laundry, separately metered utilities, and rear outdoor space. Tenants pay their own gas and electric expenses, minimizing owner operating costs. The asset has been professionally maintained and offers upside potential through future rent growth. Ideally located with convenient access to Cambridge, Boston, Assembly Row, Union Square, Kendall Square, major employers, universities, public transportation, shopping, dining, and entertainment. A turnkey multifamily asset in one of Greater Boston’s strongest rental markets.

Location

422 McGrath Highway, Somerville, MA, 02143

Property details

Basement
Full

Listed by Tom Egbers · Northeast Private Client Group, LLC

Schedule a showing

422 McGrath Highway

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$13,985 / month

Down payment20% · $460,000
Interest rate6.50%

Loan term

Principal & interest
$11,630
Property tax
$1,396
Home insurance
$958

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

Compare

Similar homes in Somerville