422 Mcgrath Highway
$2,300,000
14
Beds
8
Baths
4,725
Sqft
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$2,300,000
14
Beds
8
Baths
4,725
Living Area
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Property Description
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.
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Highlights
- Levels: 4
- Property Type: 4 Family
- Total Rooms: 20
- Status: Active
- Property Class: Residential Income
- Stories: 4
- Year Built: 1920
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Additional Details
- Basement: Full
- Foundation: Concrete Perimeter
- Roof: Rubber
- Total Number of Units: 4
- Year Built Source: Public Records
- Construction: Frame
- Lot Features: Other
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Ur
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Amenities
- Community Features: Public Transportation
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,526,000
- Taxes: $16,755
- Tax Year: 2026
- Total Rent: $13,900
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Listing information provided courtesy of Northeast Private Client Group, LLC.
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