47 Dane Street
$1,850,000
8
Beds
6
Baths
3,304
Sqft
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$1,850,000
8
Beds
6
Baths
3,304
Living Area
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Property Description
This renovated two-family is a prime investment opportunity close to Union Square (Green Line T), Inman Square and an easy commute by foot or bike to Harvard (Red Line T). It offers an outstanding opportunity for an investor seeking strong, stable rents with a current annual rent roll of $120,000 through August 2026. Both units offer private entry, stainless steel appliances, separate washer and dryer, as well as many updates - new roof (2025), new exterior siding (2025), floors, windows, trim, boilers, electric, sewer pipes, kitchens and baths, water lines, drywall (2017). Unit #1 - leased for $4,900/mo - 4 bedroom, 3 bath first and lower level unit with a private porch and deck. Unit #2 - leased for $5,100/mo - 4 bedroom, 3 bath upper duplex with a private balcony. Each unit has separate systems. Heating and electricity paid for by tenants. Three parking spaces. Capitalize on the underserved need for rental housing with a turn-key address in a dream location for investors.
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Highlights
- Area: Union Square
- Heating: Baseboard, Hot Water, Natural Gas
- Parking Spots: 3
- Property Type: Multi Family
- Total Rooms: 12
- Status: Active
- Cooling: Window Unit(s), Wall Unit(s)
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
- Construction: Frame
- Flooring: Tile, Stone/Ceramic Tile
- Interior Features: Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Remodeled, Internet Available - Broadband, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Measured
- Year Built Details: Approximate
- Zoning: Rb
- Basement: Full, Finished, Interior Entry
- Exterior Features: Balcony
- Foundation: Stone, Brick/Mortar
- Lot Features: Corner Lot, Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
- Parking Features: Paved Drive, Off Street, Deeded
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,416,100
- Tax Year: 2026
- Total Rent: $10,000
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $16,057
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Content © 2025 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Gibson Sotheby's International Realty.
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