422 Mcgrath Highway, Somerville, MA 02143
Middlesex County
Key Facts
Description
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 Information
Property Type
Residential Income
Sub-Type
Quadruplex
Year Built
1920
Stories
4
Living Area
4,725 sq ft
Lot Size
0.13 acres
Zoning
UR
Days on Market
4
MLS® Listing#
73539496
Property Features
Basement
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$16,755
Tax year 2026
Assessed Value
$1,526,000
Parcel Number
758978
Directions
Located next to Montessori school
Affordability Calculator
$460,000
Estimated monthly payment
$12,242/mo
Principal $1,840,000 · Est. interest $2,566,964 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Somerville, MA
- $1,000,000
- Median Listing Price
- 45
- Median Days on Market
- 1,738
- Median Sq Ft
- $655
- Median Price / Sq Ft
- 187
- Active Listings
- This home’s price is 130% above the area median.
- Its price per sq ft is 26% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Somerville, MA.
Location
Points of Interest in Somerville, MA
Showing the Somerville area map.
Nearby Schools
E Somerville Community
Elementary · 0.3 mi away
East Somerville Community School
School · 0.4 mi away
Prospect Hill Academy Charter School
School · 0.4 mi away
Somerville High School
Secondary · 0.4 mi away
Full Circle High School
Secondary · 0.4 mi away
Agassiz School
School · 0.4 mi away
Albert F. Argenziano School at Lincoln Park
Elementary · 0.4 mi away
Cummings School
School · 0.5 mi away
King Open School
Elementary · 0.7 mi away
Cambridge Street Upper School
Secondary · 0.7 mi away
King Open Preschool
School · 0.7 mi away
Cambridge Public School District (Official Site)
School · 0.7 mi away
Winter Hill Community Elementary School
Elementary · 0.8 mi away
Mghightech
School · 0.8 mi away
St. Catherine of Genoa School
School · 0.9 mi away
Robert F Kennedy Middle School
School · 0.9 mi away
Kennedy Community School
School · 0.9 mi away
Vassal Lane Upper School
Secondary · 0.9 mi away
Summer Street Preschool
School · 0.9 mi away
Cambridgeport School
Elementary · 1.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 159 Pearl Street, Somerville, MA | $1,974,900 | 15 | 7 | 7,500 |
| 8 Everett St, Somerville, MA | $2,400,000 | 19 | 6 | 6,755 |
Moving Cost Estimate
EXIT Agents in Somerville
Listing Courtesy: Northeast Private Client Group, LLC - 8579906800
Presented by: Tom Egbers