Back to Search
Active Under Contract
243 Days on market
34 Franklin Ave Somerville — Photo 1 of 34

34 Franklin Ave Somerville — Photo 1 of 34

Recent Drop: $50,000

$975,000
$925,000

$925,000

Investment Analysis — 34 Franklin Ave

Somerville, MA 02145 — East Somerville

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02145 carries an estimated $7,370/mo in gross rent — about a 6.44% cap rate and $59,608/yr in estimated NOI at the $925,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

2

SqFt

2,176

Style

Multi Family

Built

1900

Check out one of the hottest East Somerville neighborhoods, a stones throw from the new green line T stop! You can get anywhere from here without a car! 2 family home in great condition. This home has been in the same family for decades. Second floor unit is a townhouse style and consists of 2 floors. Full basement and separate utilities. This home needs nothing and is better than most. Very quiet neighborhood street. Parking for 3 cars front to back!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

No longer available to tour

Property Details

Financials

Original Price$1,100,000
Annual Taxes$7,606

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms10
FireplacesNone
FlooringWood, Tile, Laminate
BasementFull, Bulkhead, Concrete

Climate & Utilities

HeatingBaseboard, Natural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationGranite
ZoningNR

Property & Lot

Acres0.04
SqFt Lot1,742
Lot FeaturesAdditional Land Avail., Level

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Bike Path • Highway Access

Geography

Property History

Price Drop
$925,000

Was $975,000

Jul 29, 2026

MLS® 73474333

Price Drop
$975,000

Was $1,050,000

Apr 27, 2026

MLS® 73474333

Price Drop
$1,050,000

Was $1,100,000

Mar 16, 2026

MLS® 73474333

Listed
$1,100,000

Feb 4, 2026

MLS® 73474333

Expired
$1,100,000

Nov 23, 2025

MLS® 73433675

Listed
$1,100,000

Sep 20, 2025

MLS® 73433675

Listing Provided By

Listing Agent: Dana Ford

Listing Office: LAER Realty Partners

MLS® Number: 73474333