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#73328491, Lauren Holleran Team, Listing Office: Gibson Sotheby's International Realty
$10,000
closing credit¹
74 Franklin St Somerville, MA 02145
$1,680,000 List price
$10,000
Closing credit¹
7 beds
4 full
3,149 sqft
0.10 acres
$534 / sqft
Multi-Family
Property details
About 74 Franklin St
Attention developers, landlords, and owner occupants - Four unit multi family property in Somerville. Seven bedrooms, four bathrooms, and 9+ parking spaces. Great location and short distance to the Green Line & Orange Line trains, you'll enjoy easy access to all that Somerville and Greater Boston have to offer. The building is currently vacant, presenting a fantastic opportunity for condominium conversion, renovation, or rental income. Unit 1 is a three bedroom, one bathroom, living room, and eat in kitchen. Unit 2 is a one bedroom, one bathroom, living room, and eat in kitchen. Unit 3 is a one bedroom, one bathroom, and eat in kitchen. Unit 4 is a two bedroom, one bathroom, living room, and eat in kitchen. Utilities, systems, and laundry in basement.
Highlights
Home typeMulti Family
StatusActive
Size3,149 sqft
BasementYes
Lot size0.1 Acres
Year built1890
ParkingOff Street, On Street, Driveway
MLS #73324402
Summary
- MLS Number: 73324402
- MLS Name: MLS Property Information Network
- Office Name: Red Tree Real Estate
- Office Phone: (617) 487-8015
- Listing Agent: Nicole Stabnikov
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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$1,680,000
74 Franklin St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 06, 2004 | Home Sold | $264,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,061,300 | $11,165 |
| 2022 | $946,200 | $9,632 |
| 2021 | $903,600 | $9,208 |
| 2020 | $844,900 | $8,525 |
| 2019 | $683,600 | $7,356 |
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. The most common annual income of people living in Somerville, MA is less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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 74 Franklin St in Somerville, MA and zip code 02145 in the East Somerville neighborhood. This 3,149 square foot home, which was built in 1890, sits on a 0.10 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 8, 2025 and is currently priced at $1,680,000.
While more than 14 listings in Somerville, MA in December 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 25 were sold below. The number of listings in Somerville, MA decreased by 21.7% between November and December 2024. While the average time on the market in December 2024 was 43 days, the median list price was $1,109,000.
From Rocket Homes Real Estate and based on county public records data.