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$2,999,000

Active

17 Macarthur Street

Somerville, MA, 02145

Multi-Family · MLS #73560505

Price/sqft

$740

Days on market

8 days

Year built

1900

Lot size

0.08 ac

4,050 sq ft

Sq Ft

0.08 acres

Lot

1900

Year Built

Taxes: $9,999 (2025)

About this home

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

17 Macarthur Street, Somerville, MA, 02145

Property details

Basement
Full, Partial

Listed by The LIV Group · Berkshire Hathaway HomeServices Commonwealth Real Estate

Schedule a showing

17 Macarthur Street

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$17,501 / month

Down payment20% · $599,800
Interest rate6.66%

Loan term

Principal & interest
$15,418
Property tax
$833
Home insurance
$1,250

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

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