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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 2 |
| Living area | 2,176 sqft |
| Lot size | 1,742 sqft |
| Year built | 1900 |
| Price / sqft | $448 |
| County | Middlesex |
| MLS # | 73474333 |
Listing status
| Days on market | 86 days |
| Listed on | February 4, 2026 |
Taxes & financials
| Annual property tax | $7,606 |
| Tax year | 2024 |
| Assessed value | $723,000 |
| Zoning | NR |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 10 |
| Lot size | 0.04 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Bulkhead, Concrete |
| Foundation | Granite |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile, Laminate |
Utilities & systems
| Heating | Baseboard, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Refrigerator |
Location
More about investing in Somerville →
Listing courtesy of LAER Realty Partners — Dana Ford. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 34 Franklin Ave, Somerville MA 02145 have?
It is a 2-unit multi-family property with 2,176 sqft of living area, built in 1900.
How long has 34 Franklin Ave, Somerville MA 02145 been on the market?
34 Franklin Ave, Somerville MA 02145 has been listed for 86 days (since February 4, 2026).
What is the estimated cap rate on this 2-family in Somerville?
Based on area median rents, the estimated cap rate is about 5.0%, with a Signal Score of 86/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $975,000 across 2 units, that works out to roughly $487,500 per unit.
What are the property taxes on 34 Franklin Ave, Somerville MA 02145?
Annual property taxes are $7,606 (2024), on an assessed value of $723,000.
What is the price per square foot?
At $975,000 for 2,176 sqft, that's about $448 per square foot.
Where is this property located?
34 Franklin Ave, Somerville MA 02145 is in Somerville, Middlesex County, MA 02145.
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