422 Mcgrath Hwy

Somerville, Massachusetts, is a vibrant and densely populated city located just northwest of Boston, known for its eclectic neighborhoods, strong arts scene, and urban energy. Originally an industrial hub, Somerville has transformed into one of the most dynamic and desirable cities in the Greater Boston area, attracting students, professionals, and creatives alike. The city is made up of distinct squares—such as Davis Square, Union Square, and Assembly Row—each offering its own mix of restaurants, boutiques, entertainment venues, and public spaces. With a highly walkable layout and a mix of historic triple-deckers and modern developments, Somerville blends classic New England character with contemporary urban living. Culturally, Somerville thrives as a center for innovation, diversity, and the arts. Public murals, galleries, live music venues, and annual events like ArtBeat and PorchFest reflect the city’s creative spirit and community engagement. Its diverse population contributes to a wide-ranging culinary scene, with international cuisines and locally owned eateries found throughout the city. Somerville is also home to Tufts University, which brings academic influence and youthful energy to the area. Transportation and accessibility are key strengths, with extensive public transit options including multiple MBTA Green Line Extension stops and easy access to the Red Line, bus routes, and bike paths like the Somerville Community Path. The city’s proximity to Boston, Cambridge, and major employment centers makes it an ideal location for commuters. With its combination of cultural vibrancy, connectivity, and evolving development, Somerville offers a lively and engaging urban lifestyle in the heart of the Boston metropolitan area.Northeast Private Client Group is pleased to present 416-422 McGrath Highway, a 4-unit multifamily property located at the foot of Prospect Hill in Somerville Massachusetts. The property consists of four spacious residential units, including (2) three bedroom, two-bathroom units and (2) four bedroom, two-bathroom units. Each apartment features direct-entry access, providing tenants with the privacy and feel of townhouse-style living. Additional amenities include in-unit laundry, central air conditioning, separately metered utilities with tenants responsible for their own gas and electric expenses, and outdoor space located at the rear of the property. Originally gut renovated in 2016, the asset offers modern layouts and finishes while requiring minimal near-term capital expenditures. Current ownership has maintained the property well, creating an attractive investment opportunity with the potential to further increase cash flow through strategic rent growth as leases turn over and rents are adjusted toward market levels. 422 McGrath Highway presents the opportunity to acquire a well-maintained four-unit multifamily asset in one of Greater Boston’s most dynamic and supply-constrained rental markets. Ideally situated in Somerville, the property offers convenient access to Cambridge, Boston, Assembly Row, Union Square, Kendall Square, and numerous public transportation options, placing residents within minutes of many of the region’s largest employment, educational, and entertainment hubs. All interested and qualified parties will have the opportunity to obtain additional information and walk the premise upon request.