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INVESTMENT SNAPSHOT
About this property
Exceptional investment opportunity in Somerville’s highly desirable Prospect Hill neighborhood. This well-maintained 4-unit multifamily property features (2) spacious 3-bedroom, 2-bath units and (2) 4-bedroom, 2-bath units, each offering private direct-entry access for a townhouse-style living experience. Originally gut renovated in 2016, the property includes modern finishes, central air conditioning, in-unit laundry, separately metered utilities, and rear outdoor space. Tenants pay their own gas and electric expenses, minimizing owner operating costs. The asset has been professionally maintained and offers upside potential through future rent growth. Ideally located with convenient access to Cambridge, Boston, Assembly Row, Union Square, Kendall Square, major employers, universities, public transportation, shopping, dining, and entertainment. A turnkey multifamily asset in one of Greater Boston’s strongest rental markets.
Property details
| Units | 4 |
| Living area | 4,725 sqft |
| Lot size | 5,624 sqft |
| Year built | 1920 |
| Price / sqft | $487 |
| County | Middlesex |
| MLS # | 73539496 |
Listing status
| Days on market | 4 days |
| Listed on | June 22, 2026 |
Taxes & financials
| Annual property tax | $16,755 |
| Tax year | 2026 |
| Assessed value | $1,526,000 |
| Zoning | UR |
| Gross income (actual) | $163,464/yr |
| Net operating income (actual) | $115,126/yr |
| Total actual rent | $13,900/mo |
| Electric expense | $240/yr |
| Insurance expense | $10,248/yr |
Building & lot
| Stories | 4 |
| Total rooms | 20 |
| Lot size | 0.13 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full |
| Foundation | Concrete Perimeter |
| Roof | Rubber |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Somerville →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 422 Mcgrath Highway, Somerville MA 02143 have?
It is a 4-unit multi-family property with 4,725 sqft of living area, built in 1920.
How long has 422 Mcgrath Highway, Somerville MA 02143 been on the market?
422 Mcgrath Highway, Somerville MA 02143 has been listed for 4 days (since June 22, 2026).
What is the price per unit?
At a list price of $2,300,000 across 4 units, that works out to roughly $575,000 per unit.
What are the property taxes on 422 Mcgrath Highway, Somerville MA 02143?
Annual property taxes are $16,755 (2026), on an assessed value of $1,526,000.
What is the price per square foot?
At $2,300,000 for 4,725 sqft, that's about $487 per square foot.
Where is this property located?
422 Mcgrath Highway, Somerville MA 02143 is in Somerville, Middlesex County, MA 02143.
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