$1,900,000

23 Ossipee, Somerville, MA 02144

  • 6 beds |
  • 3 baths |
  • 3,386 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $561/sqft
  • Property List Date Icon Listed 18 days ago

Property 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 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.

Listing Status:
Active
Date Added:
November 13, 2025 at 06:00AM
Listing Office:
Sterling Beacon Hill : 617-785-6188
Listing Agent:
Alexander Jafry : 978-602-4030
MLS ID:
73454781
  • Fireplace: Fireplaces: 0
  • Parking: Paved Drive
  • General: 5Stone
  • Originating MLS: MLS Property Information Network
  • County: Middlesex
  • Zoning: RES748429
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network

This listing courtesy of Alexander Jafry, Sterling Beacon Hill

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

W

West Somerville Neighborhood

177 Powder House Blvd, Somerville, MA, 02144

Grades PK-8

0.29 miles away

W

West Somerville Neighborhood

177 Powder House Blvd, Somerville, MA, 02144

Grades PK-8

0.29 miles away

S

Somerville High School

81 Highland Ave, Somerville, MA, 02143

Grades 9-12

1.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby