Active
37 Days on market
17 Macarthur Street Somerville — Photo 1 of 28

17 Macarthur Street Somerville — Photo 1 of 28

Recent Drop: $200,000

$2,999,000
$2,799,000

$2,799,000

17 Macarthur Street, Somerville, MA 02145

Somerville, MA 02145

Investor Analysis

Beds

8

Baths

10.5

SqFt

4,050

Style

4 Family

Built

1900

**Open Sat 9/12 & Sun 9/13,12 to 2** 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.

Immersive Experience

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$691/sqft
Local Avg (Somerville)$467/sqft
48% AboveMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Somerville, MA.

Property Details

Financials

Original Price$2,999,000
Annual Taxes$9,999

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms19
FireplacesNone
Flooring--
BasementFull, Partial

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter, Stone, Brick/Mortar
ZoningNR

Property & Lot

Acres0.08
SqFt Lot3,600
Lot FeaturesLevel

Geography

Property History

Price Drop
$2,799,000

Was $2,999,000

Sep 9, 2026

MLS® 73560505

Listed
$2,999,000

Aug 6, 2026

MLS® 73560505

Listed
$449,000

Jun 16, 2026

MLS® 73536894

Listed
$549,000

Jun 16, 2026

MLS® 73536902

Listed
$999,000

Jun 16, 2026

MLS® 73536909

Population

27,495

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$124K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

64.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: The Liv Group

Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS® Number: 73560505

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