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422 Mcgrath Highway, Somerville MA 02143

Somerville, MA 02143
$2,300,000
Est. $13,226/month
14
Beds
8
Baths
4,725
Sq Ft
$487
Price/Sq Ft
0.13
Acres
1920
Year Built
20
Days on Market
Active Listed Jun 22, 2026 • MLS# 73539496 Copied! • Updated Jun 26, 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.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jun 22, 2026
$2,300,000
Original listing
Agent: Tom Egbers Office: Northeast Private Client Group, LLC

Tax History

Year Taxes Assessment
2026 $16,755 $1,526,000

Financial Details

Annual Property Tax
$16,755
Tax Year 2026
Assessed Value
$1,526,000

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1920
Living Area 4,725 sq ft
Lot Size 0.13 acres
Bedrooms 14
Full Baths 8
Total Rooms 20

Investment Metrics

Units 4
Unit 1 Rent $3,600/mo · Y
Unit 2 Rent $3,300/mo · Y
Unit 3 Rent $4,000/mo
Unit 4 Rent $3,000/mo
Total Monthly Rent $13,900/mo
Gross Income $163,464
Net Operating Income $115,126
Operating Expenses $48,338
Water/Sewer Expense $6,519
Electric Expense $240
Insurance Expense $10,248
Cap Rate 5.01%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $16,755
Assessed Value $1,526,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
14
Full Bathrooms
8
Living Area
4,725 sq ft
Total Rooms
20
Stories
4
Levels
4

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Concrete Perimeter
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Oil
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Parking Features:
School District
Somerville School District local
B-
School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
3.0% below state avg
E

Elementary Schools

3 schools
Capuano Early Childhood Center
0.2 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
C+
East Somerville Community School
0.3 mi | #245 of 352 | Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students Diverse
Grades PK-08
C-
Winter Hill Community School
0.4 mi | #287 of 352 | Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students Diverse
Diverse Student Body
Grades PK-08
M

Middle Schools

3 schools
Next Wave Junior High School
0.4 mi
16 students Diverse
Diverse Student Body
Grades 06-08
C+
Cambridge Street Upper School
0.7 mi | #214 of 352 | Score: 39.8
Dropped 26 spots from last year
-18.4 below state avg
301 students Very Diverse
Diverse Student Body
Grades 06-08
B+
Darby Vassall Upper School
0.9 mi | #118 of 352 | Score: 47.5
Improved 26 spots from last year
-10.7 below state avg
298 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
F
Full Circle High School
0.4 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
0.4 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
B-
Community Charter School of Cambridge
1.0 mi | #178 of 346 | Score: 53.1
Dropped 57 spots from last year
-5.2 below state avg
251 students Diverse
7 sports • 202 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,396
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

422 Mcgrath Highway, Somerville MA 02143

Somerville, MA 02143

Listing Information

Listing Agent Tom Egbers
Listing Office Northeast Private Client Group, LLC
Office Phone 857-990-6800
Agent MLS ID CN257278
Office MLS ID AN8574
Listing Data Updated Jun 26, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

BMN Boston Real Estate

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