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23 OssipeeSomerville, MA 02144

For Sale

$1,900,000

Smart Buyer Rebate $9,500

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.

Listed by Lawrence O'Connor

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Sterling Beacon Hill

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617-785-6188

Listed by Alexander Jafry

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Sterling Beacon Hill

Last updated November 17, 2025

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Source: MLSPin #73454781

Listing Facts

  • TypeMulti-family
  • NeighborhoodTufts University
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu6
  • Taxes$18,722.88/year
  • Size3,386 sqft
  • Price per sqft$561

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/13/2025
Listed by Sterling Beacon Hill
$1,900,000

Property Details for 23 Ossipee

Exterior

Construction

  • Number Of Units Total: 3
  • Stories: 5
  • Stories Total: 5
  • Year Built: 1920
  • Year Built Details: Approximate

Measurements

  • Building Area Total: 3,386
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.23
  • Lot Size Area: 0
  • Lot Size Square Feet: 9,999
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $120,000.00
  • Operating Expense: $12,766.00

Taxes

  • Parcel Number: 748429
  • Tax Annual Amount: $18,722.88
  • Tax Assessed Value: $1,651,000.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 3,386
  • Living Area Source: Public Record

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Rooms Total: 16

Parking

Parking

  • Open Parking: Yes
  • Parking Features: Paved Drive
  • Parking Total: 3

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.