17 Macarthur Street, Somerville MA 02145
Somerville, MA 02145
$2,999,000
Est. $16,198/month
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About this home
**Open House Sun., Aug. 23 from 12 - 1:30** 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.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 6, 2026
$2,999,000
Original listing
Agent: The LIV Group
Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/06/2026 | 🏠 Listed for Sale | $2,999,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $9,999 | $999,999 |
Financial Details
Annual Property Tax
$9,999
Tax Year 2025
Assessed Value
$999,999
Facts & Features
Home Facts
Type
Residential Income
Style
4 Family
Year Built
1900
Living Area
4,160 sq ft
Lot Size
0.08 acres
Stories
7
Bedrooms
8
Full Baths
9
Half Baths
3
Total Rooms
19
Investment Metrics
Units
4
Unit 1 Rent
$2,300/mo · N
Unit 2 Rent
$3,000/mo · N
Unit 3 Rent
$5,000/mo · N
Unit 4 Rent
$3,600/mo · N
Total Monthly Rent
$13,900/mo
Gross Income
$166,800
Net Operating Income
$166,800
Cap Rate
5.56%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full, Partial
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Driveway
Total Spaces
2
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$9,999
Assessed Value
$999,999
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Rent Amounts Are Estimated, Property Is Not Rented. Condo Permits In Hand. Property Has Not Been Assessed As Condos Yet. Some Marketing Photos Are Digitally Enhanced And/or Staged.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Owner
Sq Ft Disclosures
Square footage is estimated
Documents
None
County
Middlesex
Total market time (incl. prior listings)
35 days
Property Overview
Property Type
4 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
8
Full Bathrooms
9
Half Bathrooms
3
Living Area
4,160 sq ft
Total Rooms
19
Stories
7
Levels
7
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,160 sq ft above grade
2,000 sq ft below grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Full, Partial
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter, Stone, Brick/Mortar
Stories:
7
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Electric
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Driveway
Nearby Schools
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
Elementary Schools
3 schools
C-
Winter Hill Community School
0.1 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
C+
East Somerville Community School
0.2 mi
|
#245 of 352
|
Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students
Diverse
Grades PK-08
Capuano Early Childhood Center
0.4 mi
250 students
Very Diverse
Diverse Student Body
Grades PK-01
Middle Schools
3 schools
Next Wave Junior High School
0.4 mi
16 students
Diverse
Diverse Student Body
Grades 06-08
B-
John J. McGlynn Middle School
1.1 mi
|
#206 of 352
|
Score: 40.2
Improved 30 spots from last year
-18.1 below state avg
464 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
C+
Cambridge Street Upper School
1.2 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
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
Curtis-Tufts School
1.4 mi
11 students
Diverse
Diverse Student Body
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$833
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
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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
17 Macarthur Street, Somerville MA 02145
Somerville, MA 02145
Listing Information
Listing Agent
The LIV Group
Listing Office
Berkshire Hathaway HomeServices Commonwealth Real Estate
Office Phone
617-864-4600
Agent MLS ID
TM317488
Office MLS ID
AN4873
Listing Data Updated
Aug 19, 2026 10:42 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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