47 Wallace Street, Somerville, MA 02144
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$3,850,000
2 Unit
6 Beds
9 Baths
4628 SQFT
0.10 Acre

Property Description

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 tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 7
  • Total Bedrooms: 6
  • Total Full Baths: 7
  • Total Half Baths: 2
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University
  • Basement Features: Finished, Interior Access, Other (See Remarks), Partial
  • Common Rooms: Dining Room, Family Room, Kitchen, Living Room
  • Common Interior Features: Bathroom with Shower Stall, Bathroom With Tub, Stone/Granite/Solid Counters, Storage, Tile Floor
  • Common Appliances: Dishwasher, Disposal, Dryer, Freezer, Range, Refrigerator, Vent Hood, Washer
  • Common Cooling: Central Air

Financial

  • APOD Available: Yes
  • Gross Operating Income: 156000
  • Net Operating Income: 156000

Utilities

  • Heat Zones: 4
  • Electric Info: 100 Amps, 220 Volts, At Street, Other (See Remarks)
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 3

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 4

Construction

  • Year Built: 1900
  • Type: 2 Family - 2 Units Side by Side
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73329571
  • Last Updated: 02/01/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
02/01/2025Active$3,850,000$832MLSPIN
01/27/2025New$3,850,000$832MLSPIN

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Seller's Representative: Andrea Jackson, Barrett Sotheby's International Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-02-01 03:08:00