
422 Mcgrath Highway Somerville — Photo 1 of 39
Recent Drop: $300,000
$2,000,000
422 Mcgrath Highway, Somerville, MA 02143
Somerville, MA 02143
Beds
14
Baths
8
SqFt
4,725
Style
4 Family
Built
1920
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.
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
Neighborhood
Public Transportation
Geography
Property History
$2,000,000
Was $2,200,000
Sep 14, 2026
MLS® 73539496
$2,200,000
Was $2,300,000
Aug 14, 2026
MLS® 73539496
$2,300,000
Jun 22, 2026
MLS® 73539496
Population
25,513
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$131K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
69.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Tom Egbers
Listing Office: Northeast Private Client Group
MLS® Number: 73539496
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