
17 Macarthur Street Somerville — Photo 1 of 28
$2,999,000
Somerville, MA 02145
Beds
8
Baths
10.5
SqFt
4,160
Style
4 Family
Built
1900
**Open House Sun., Aug. 16th from 12 - 2** 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.
* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Somerville, MA.
Aug 6, 2026
MLS® 73560505
Jul 15, 2026
MLS® 73550222
Jun 16, 2026
MLS® 73536894
27,495
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$124K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
64.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: The Liv Group
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73560505
Explore other active listings in the area.