23 Ossipee Rd

$1,900,000
Price
6
Beds
3,386 Sq. Ft.
$561 / Sq. Ft.
3,386
Sq. Ft.
$561
per Sq. Ft.

Description

Welcome to 23 Ossipee Rd, a well-maintained three-unit multi-family property ideally located a stones throw away from Tufts University. This turnkey investment currently generates $10,000 per month in rental income, with rent increases already signed for as early as June 1 2026, making it a strong addition to any portfolio - or an excellent opportunity for an owner-occupant looking to offset living costs with steady rental income. The property consists of two spacious 1-bedroom units and one large...Welcome to 23 Ossipee Rd, a well-maintained three-unit multi-family property ideally located a stones throw away from Tufts University. This turnkey investment currently generates $10,000 per month in rental income, with rent increases already signed for as early as June 1 2026, making it a strong addition to any portfolio - or an excellent opportunity for an owner-occupant looking to offset living costs with steady rental income. The property consists of two spacious 1-bedroom units and one large 4-bedroom unit, each offering in-unit laundry and well-kept interiors. Tenants enjoy multiple outdoor decks/spaces, bright natural light, and comfortable layouts that make the building easy to rent and manage. Outside, the property features off-street parking for up to three cars, a valuable asset in this sought-after Somerville neighborhood. With its strong rental history, stable income stream, 23 Ossipee Rd presents a rare blend of convenience, location, and financial upside.
  1. Listed by Alexander Jafry • Sterling Beacon Hill
  2. Listed by Lawrence O'Connor • Sterling Beacon Hill

Property Details for 23 Ossipee Road

Town
Somerville
MLS Area
Tufts University
Area
MA-Somerville-Tufts University, MA-Somerville
Garage Spaces
0
Parking Spaces
3.00
Parking Spaces Total
3
LISTING UPDATED: 11/17/2025 03:08 AM

Property Details for 23 Ossipee Road

StatusActive
MLS #73454781
Days on Market41
Taxes$18,723 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1920
CountyMiddlesex County

Location

Listing Courtesy of Sterling Beacon Hill, Alexander Jafry; Sterling Beacon Hill, Lawrence O'Connor
Add your commute

Building Information for 23 Ossipee Road

Stories5Residences3Year Built1920Building Size-Lot Size0.23 AC / 9,999 SF

Payment Calculator

$10,949 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,389

Property Taxes

$1,560

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 23 Ossipee Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 3386.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Listing agent related to seller.
Tax Information
  • Tax ID: 748429
  • Assessments: $1,651,000
  • Book: 71459
  • Tax Year: 2025
  • Zoning: RES
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Stone
  • Levels: 5
Income / Expenses
  • Electricity: $200.00
  • GOI: $120,000.00
  • Gross Scheduled Income: $3,800.00
  • Insurance: $5,766.00
  • GRE: $12,766
  • NOI: $107,234.00
  • Operating Expense: $12,766.00
  • WSE: $3,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 3
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $10,000.00

Property History for 23 Ossipee Road

DateEvent & SourcePriceAppreciation
Nov 13, 2025

Listed (Active)

MLS PIN #73454781

$1,900,000—
Aug 9, 2018

Sold

MLS PIN #72301373

$1,310,000—
May 22, 2018

Under Agreement

MLS PIN #72301373

—
May 22, 2018

Contingent

MLS PIN #72301373

—
Apr 2, 2018

Listed (Active)

MLS PIN #72301373

$1,399,000—
Jul 30, 2001

Sold (Public Record)

Public Record #88096973

$600,000—
Jul 30, 2001

Sold

MLS PIN #30509667

$600,000—
Jun 7, 2001

Under Agreement

MLS PIN #30509667

—
Jun 7, 2001

Contingent

MLS PIN #30509667

—
May 30, 2001

Listed (Active)

MLS PIN #30509667

$599,900—
DateEvent & SourcePrice
11/13/2025

Listed (Active)

MLS PIN #73454781

$1,900,000
08/09/2018

Sold

MLS PIN #72301373

$1,310,000
05/22/2018

Under Agreement

MLS PIN #72301373

—
05/22/2018

Contingent

MLS PIN #72301373

—
04/02/2018

Listed (Active)

MLS PIN #72301373

$1,399,000
07/30/2001

Sold (Public Record)

Public Record #88096973

$600,000
07/30/2001

Sold

MLS PIN #30509667

$600,000
06/07/2001

Under Agreement

MLS PIN #30509667

—
06/07/2001

Contingent

MLS PIN #30509667

—
05/30/2001

Listed (Active)

MLS PIN #30509667

$599,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 23 Ossipee Road

Taxable ValueLand$695,000Additions$956,000Total$1,651,000
Tax Record2025$18,012 ($1,501 / month)
Home Facts
Baths4Total Finished SqFt3,386 SqFtAbove Grade Finished SqFt3,386 SqFtStories3Lot Size3,451 SqFtStyleTriplexYear Built1920ZoningRACountyMIDDLESEXAPNSOME M:11 B:B L:21

Schools near 23 Ossipee Road

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 5
Public - PK to 8
Rating
School
Distance
West Somerville Neighborhood School
PublicPK to 8

Somerville High School
Public9 to 12

Benjamin G. Brown School
PublicK to 5

John F. Kennedy Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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23 Ossipee Road is a multi-family home for sale in Somerville, MA 02144. This property was listed for sale on November 13, 2025 by Sterling Beacon Hill, it's currently listed at $1,900,000. It has been on the market for a total of 41 days and was last sold on August 9, 2018. This listing's school district is Somerville School District. Nearby schools include West Somerville Neighborhood School, Somerville High School and Benjamin G. Brown School. 23 Ossipee Road is a 6-bed, 3-bath, 3,386 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sterling Beacon Hill, Alexander Jafry; Sterling Beacon Hill, Lawrence O'Connor

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.