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
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