New - 5 days on Rocket
$10,000 Closing Credit¹
#73328242, Patrick Barrett, Listing Office: CSQ Realty, LLC
$10,000
closing credit¹
34 Franklin Ave Somerville, MA 02145
$1,950,000 List price
$10,000
Closing credit¹
5 beds
2 full
2,176 sqft
0.04 acres
$896 / sqft
Multi-Family
Property details
About 34 Franklin Ave
Calling all developers and Investors! Opportunity knocks to buy two parcels in Somerville. One lot has a nice two family and the second is a vacant lot - the possibilities for future use are endless. Zoning may allow up to six units on these parcels. Check out one of the hottest east somerville neighborhoods a stones throw form the new green line T stop! You can get anywhere from here without a car! Condos in this immediate area are selling for top dollar! don't miss out invest today in the future!
Highlights
Home typeMulti Family
StatusActive
Size2,176 sqft
BasementYes
Lot size0.04 Acres
Year built1900
MLS #73295597
Summary
- MLS Number: 73295597
- MLS Name: MLS Property Information Network
- Office Name: LAER Realty Partners
- Office Phone: (603) 685-4495
- Listing Agent: Dana Ford
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/27/2025, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,950,000
34 Franklin Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $723,000 | $7,606 |
| 2023 | $694,700 | $7,183 |
| 2022 | $664,900 | $6,769 |
| 2021 | $640,100 | $6,523 |
| 2020 | $608,200 | $6,137 |
| 2019 | $495,800 | $5,335 |
History based on county public records data.
Nearby schools
4
King Open
Public District PK-5
0.8 mi
•850 Cambridge St
5
Kennedy-Longfellow
Public District PK-5
0.9 mi
•158 Spring St
8
Cambridgeport
Public District PK-5
1.1 mi
•89 Elm St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,641. Most Somerville, MA residents have annual incomes less than $<35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
42%
<35k
25%
35k-100k
32%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
53%
Single, No Kids
7%
Single, with Kids
22%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
37%
18-34 yrs old
40%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Tennis- Men's Tennis
Hiking/backpacking
Where do the neighbors shop?
Crate & Barrel
Nordstrom Rack
Bloomingdales
Where do the neighbors go to eat?
Starbucks
The Cheesecake Factory
Chipotle
What do the neighbors drive?
BMW
Volvo
Audi
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 34 Franklin Ave in Somerville, MA and zip code 02145 in the East Somerville neighborhood. This 2,176 square foot home, which was built in 1900, sits on a 0.04 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $1,950,000.
In December 2024, from all listings sold in Somerville, MA there were more than 14 sold above asking price, over 25 sold below and more than 6 were sold right at the asked price. In December 2024 in Somerville, MA there were 21.7% less homes for sale than in November. The median list price of listings available in December 2024 was $1,109,000, while the average time on the real estate market was 43 days.
From Rocket Homes Real Estate and based on county public records data.