23 Ossipee, Somerville, MA 02144

$1,900,000 - Tufts University

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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.

— MLSPIN #: 73454781

Map of 23 Ossipee, Somerville, MA 02144

23 Ossipee, Tufts University, Somerville, MA 02144
23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144
23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144
23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144
23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144
23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144
23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144
23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144
23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144
23 Ossipee, Tufts University, Somerville, MA 02144 23 Ossipee, Tufts University, Somerville, MA 02144
List Price:$1,900,000
Status:Active
MLS ID:73454781
Town:Somerville
Neighborhood:Tufts University
County:Middlesex
Zip:02144
Property Type:Residential Income
Property Sub Type:3 Family - 3 Units Up/Down
Bedrooms:6
Full Baths:3
Living Area:3,386 sqft
Acres:0.23
Taxes:18,723
Parking Features:Paved Drive
Status:Active
Water Source:Public
Year Built:1920
Directions:gps
Foundation Details:Stone
Listing Contract Date:2025-11-13
Lot Size Area:0.23
Lot Size Square Feet:9,999
Rooms Total:16
Bathrooms Total Integer:3
Building Area Source:Public Records
Building Area Total:3,386
Levels:5
Living Area Units:Square Feet
Lot Size Units:Acres
Number Of Units Total:3
Open Parking?:Yes
Parcel Number:748429
Sewer:Public Sewer
Zoning:RES
Stories Total:5
Year Built Source:Public Records
Disclosures:Listing agent related to seller.
Electric Expense:$200
Farm Land Area Units:Square Feet
Gross Income:$120,000
Gross Scheduled Income:$3,800
Insurance Expense:$5,766
Listing Agreement:Exclusive Right To Sell
Apod Available:Yes
Disclosure:No
Dpr Flag:No
Flrs 1:1
Flrs 2:2
Flrs 3:3
Gre:12,766
Lead Paint:Unknown
Lease 1:Yes
Lease 2:Yes
Levels 1:3
Levels 2:1
Levels 3:1
Listing Alert:No
List Price Per Sqft:$561.13
Page:0445
Price Per Sqft:$561.13
Square Feet Incl Base:No
Net Operating Income:$107,234
Operating Expense:$12,766
Original List Price:$1,900,000
Parking Total:3
Tax Assessed Value:$1,651,000
Tax Year:2025
Total Actual Rent:$10,000
Water Sewer Expense:$3,000
Year Built Details:Approximate
Bedrms 1:4
Bedrms 2:1
Bedrms 3:1
F Bths 1:1
F Bths 2:1
F Bths 3:1
Rent1:4,400
Rent2:2,750
Rent3:2,850

Disclaimer:

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.

MLS Property Information Network, Inc. data last updated on December 15, 2025 12:10 AM

Property Last Updated: November 17, 2025 03:08 AM

Listing Courtesy of: Sterling Beacon Hill
Listing Agent: Alexander Jafry