
17 Macarthur Street Somerville — Photo 1 of 28
Recent Drop: $253,000
$1,997,000
Investment Analysis — 17 Macarthur Street
Somerville, MA 02143
Based on rent reported on the MLS listing, a 3-unit multi-family in 02143 carries $10,300/mo in gross rent — about a 4.14% cap rate and $82,636/yr in estimated NOI at the $1,997,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
7
SqFt
2,850
Style
3 Family - 3 Units Up/Down
Built
1900
Rare opportunity to acquire three newly constructed luxury condominium residences prior to them selling individually as condos! Ideal for investors or 1031 exchange buyers seeking a turnkey asset with strong rental potential. Property offers a desirable unit mix including a one-bedroom residence with 1.5 baths and exclusive-use outdoor space, a two-bedroom, two-bath residence with an efficient open layout and private veranda, and a three-bedroom, 3.5-bath penthouse spanning two levels with an oversized primary suite, two private outdoor spaces, and two deeded tandem parking spaces with EV charging. Crisp white kitchens feature quartzite countertops, sleek LG appliances, and quality finishes throughout. 3 deeded condos adds future sales flexibility. Conveniently located near Assembly Row, Union Square, half-mile to the MBTA Green Line, near Boston, Cambridge, grocery shopping, dining, and entertainment. Easy access to 93. Currently vacant and easy to show & virtual tours available.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$1,997,000
Was $2,150,000
Sep 9, 2026
MLS® 73550222
$2,150,000
Was $2,250,000
Aug 6, 2026
MLS® 73550222
$2,250,000
Jul 15, 2026
MLS® 73550222
Listing Agent: The Liv Group
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73550222