
17 Macarthur Street Somerville — Photo 1 of 28
Recent Drop: $200,000
$2,799,000
17 Macarthur Street, Somerville, MA 02145
Somerville, MA 02145
Beds
8
Baths
10.5
SqFt
4,050
Style
4 Family
Built
1900
**Open Sat 9/12 & Sun 9/13,12 to 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.
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Market Value Analysis
* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Somerville, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$2,799,000
Was $2,999,000
Sep 9, 2026
MLS® 73560505
$2,999,000
Aug 6, 2026
MLS® 73560505
$449,000
Jun 16, 2026
MLS® 73536894
$549,000
Jun 16, 2026
MLS® 73536902
$999,000
Jun 16, 2026
MLS® 73536909
Population
27,495
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$124K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
64.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
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
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