4 Family at 17 Macarthur Street, Somerville MA 02145, Somerville
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28 photos

$2,799,000

17 Macarthur Street, Somerville MA 02145
Somerville, MA 02145
Listed by The LIV Group
Bedrooms
8
Bathrooms
10.5
Living area
4,050 sqft
Year built
1900

About this home

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.

Property details

MLS #
73560505
Property type
4 Family
Subdivision
N/A
Status
Active
Days on market
49
On market date
August 6, 2026
Stories
7
Total bathrooms
10.5
Garage spaces
N/A
Parking spaces
2
Lot size
0.08 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
E Somerville Community
0.23 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
697
Student:teacher ratio
13.7:1
District
Somerville
Middle
Next Wave Junior High
0.11 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
18
Student:teacher ratio
9.0:1
District
Somerville
High
Full Circle High School
0.11 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
52
Student:teacher ratio
5.8:1
District
Somerville

Walkability

Blended score for Somerville's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

87
Highly walkable
out of 100
EPA National Walkability Index
15.7 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Somerville, from live MLS data.

On the market 49 days -- 35 fewer days than Somerville's current average of 84 days.
For reference, the median list price across 800 active listings in Somerville right now is $8,100.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$17,006/mo
$559,800 down
$2,239,200 loan
Principal & interest$14,523
Property tax (est.)$2,333
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 9 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.