50 Dane Street

Somerville, MA 02143

$1,065,000
Last Sold Price
5
Beds
2
Baths
2,110 Sq. Ft.
$505 / Sq. Ft.
2,110
Sq. Ft.
$505
per Sq. Ft.

Description

Incredible opportunity for both “house hacking” owner occupants and investors alike! This spacious 2-family features an ideal location between Union, Porter, and Inman Squares, 3 off-street parking spots and in-unit washer/dryers. Other highlights of the home include: hardwood floors, additional basement storage space, separate utilities, updated kitchen in Unit 1, well organized heating/electric systems, and a yard w/patio. This home is just a short distance to 2-T stops (Red & Green Line), Harvard...Incredible opportunity for both “house hacking” owner occupants and investors alike! This spacious 2-family features an ideal location between Union, Porter, and Inman Squares, 3 off-street parking spots and in-unit washer/dryers. Other highlights of the home include: hardwood floors, additional basement storage space, separate utilities, updated kitchen in Unit 1, well organized heating/electric systems, and a yard w/patio. This home is just a short distance to 2-T stops (Red & Green Line), Harvard University & Perry Park, along with easy access to I-93 and numerous shopping, restaurant, and brewery options in Somerville/Cambridge. Estimated rent for both units is: $5,700-$6,000 with even further room for income growth through updates and rental appreciation! OPEN HOUSE: Sun 8/7 from 1100am-1200pm.

Property Details for 50 Dane Street

Town
Somerville
MLS Area
Union Square
Area
MA-Somerville-Union Square, MA-Somerville
Style
Garden
Garage Spaces
0
Parking Spaces
3.00
Parking Spaces Total
3
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LISTING UPDATED: 09/28/2022 04:31 PM

Property Details for 50 Dane Street

StatusSold
MLS #73015712
Days on Market29
Taxes$10,516 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1885
CountyMiddlesex County
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Virtual Tour

Building Information for 50 Dane Street

Stories3Residences2Year Built1885Building Size-Lot Size0.07 AC / 2,974 SF

Payment Calculator

$6,688 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,812

Property Taxes

$876

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 50 Dane Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, Private School, Public School, T-Station, University
  • Current Financing: Conv. Fixed
  • Living Area: 2110.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • High School: Somerville High
  • Middle School: Albert Argenzia
Features
Interior Features
  • Appliances: Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Vinyl, Laminate
  • Laundry Features: Washer Hookup
Exterior Features
  • Exterior Features: Rain Gutters, Garden
  • Exterior Features: Garden Area, Patio
  • Patio And Porch Features: Patio
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Tandem, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Tandem, Paved Driveway
  • Parking Features: Off-Street, Tandem, Paved Driveway
Utilities
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: Unit 1 Is Vacant (Estimated Rent Is $2,400/Mo). Unit 2 Is Rented As Taw For $3,000/Mo. The Somerville Tax Assessor Lists This As A 2 Bed/2 Bath Property. Current Use Is: 1 Bed/1bath For Unit 1 & 3 Bed/1 Bath For Unit 2. Both Units May Be Able To Re-Configure The Layout To Add Bedrooms.
Tax Information
  • Tax ID: M:64 B:C L:30,756885
  • Assessments: $1,033,000
  • Book: 71339
  • Tax Year: 2022
  • Zoning: RB
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Heat Units: 2
Income / Expenses
  • GOI: $36,000.00
  • NOI: $36,000.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $3,000.00

Property History for 50 Dane Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 50 Dane Street

Taxable ValueLand$712,900Additions$325,400Total$1,038,300
Tax Record2024$10,923 ($910 / month)
Home Facts
Baths2Total Finished SqFt2,110 SqFtAbove Grade Finished SqFt2,110 SqFtStories2Lot Size2,974 SqFtStyleDuplexYear Built1885ZoningRBCountyMIDDLESEXAPNSOME M:64 B:C L:30

Schools near 50 Dane Street

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Somerville High School
Public9 to 12

John F. Kennedy Elementary School
PublicPK to 8

Winter Hill Community 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.

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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.