47 Wallace Street Somerville MA 02144 MLS #73329571

47 Wallace Street
Somerville, MA, 02144
$3,850,000
6 Beds
8 Baths
4,628 SqFt
0.1 Acres
$3,850,000
47 Wallace Street
Somerville, MA, 02144
Rare opportunity in Davis Square to own a two family home located on a lovely tree lined street. Each unit is filled with natural light and has 3 bedrooms | up to 4.5 baths | hardwood floors | tiled basements | off- street parking. The units have open-concept living and dining rooms with high ceilings, gourmet kitchens with peninsula/island, granite countertops, and stainless steel appliances. Primary bedroom suite’s with 4 piece en-suite bath and custom built closet. The lower level offers opportunity for flexible uses with private full bath and generous space. The units are equipped with washer and dryer and central air-conditioning. Unit 2 has a 3rd floor roof deck. Nearby red line provides quick access to Harvard/Central Squares. Please see firm remarks and disclosures regarding occupancy and leases.

Property Details

Price:
$3,850,000
MLS #:
73329571
Status:
Active
Beds:
6
Baths:
8
Address:
47 Wallace Street
Type:
Multi Family
Subtype:
2 Family – 2 Units Side by Side
City:
Somerville
Listed Date:
Jan 27, 2025
State:
MA
Finished Sq Ft:
4,628
Total Sq Ft:
4,628
ZIP:
02144
Lot Size:
4,223 sqft / 0.10 acres (approx)
Year Built:
1900
Units:
2

Schools

Interior

Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood, Freezer
Bathrooms
7 Full Bathrooms, 2 Half Bathrooms
Cooling
Central Air
Flooring
Tile, Hardwood, Stone/ Ceramic Tile

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T- Station, University, Sidewalks
Construction Materials
Frame
Exterior Features
Balcony, Rain Gutters
Parking Features
Paved Drive, Shared Driveway, Off Street, Common, Paved
Parking Spots
6
Roof
Shingle, Rubber

Financial

Net Operating Income
$156,000
Tax Year
2025
Taxes
$20,008
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Courtesy of Barrett Sotheby’s International Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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47 Wallace Street
Somerville, MA