Skip to content
Multi-family home at 17 Macarthur Street, Somerville — photo 11 / 28

$2,999,000

Active

17 Macarthur Street

Somerville, MA 02145

4,160Sq Ft
$721$/Sq Ft
3,600 sqftLot
1900Built
17Days on Market

Listed by The LIV Group at Berkshire Hathaway HomeServices Commonwealth Real Estate

Listing courtesy of The LIV Group, Berkshire Hathaway HomeServices Commonwealth Real Estate

Location

Open in Maps

About This Property

**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.

Property Details

Key Facts

Property Type

Multi Family

Year Built

1900

Living Area

4,160 sqft

Lot Size

3,600 sqft

Construction

Basement

Full Basement

Parking Spaces

2

Financial

Taxes (2025)

$9,999/yr

Price / Sqft

$721/sqft

MLS #

73560505

Days on Market

17

Price History

Listed

Aug 6, 2026

$2,999,000

No price changes recorded.

Explore the Neighborhood

Schools Nearby

Somerville Public Schools

11 schools · 11:1 student-teacher ratio

A-6/10

Elementary Schools

John F. Kennedy School (PK-8)6/10
Dr. Albert F. Argenziano School at Lincoln Park (PK-8)5/10
Arthur D. Healey School (PK-8)5/10

High Schools

Somerville High School (9-12)6/10
14 Career and Technical Education (CTE) programs at SHSCTE pathways: Advanced Manufacturing, Automotive, Cosmetology, Culinary, Dental, Electrical, HVAC, Plumbing, and moreCollege articulation agreements for CTE studentsBrand-new state-of-the-art high school facility

Ratings from GreatSchools & Niche

Full school details →
ShareLinkedInFacebook

Listing Courtesy Of

The LIV Group · Berkshire Hathaway HomeServices Commonwealth Real Estate
(617) 864-4600

MLS #73560505

Listing information provided by MLS Property Information Network, Inc. (MLS PIN). Data last updated August 22, 2026. Information deemed reliable but not guaranteed. © 2026 Steinmetz Real Estate Professionals at William Raveis Real Estate. Equal Housing Opportunity.

Home Value