74 Franklin Street

Somerville, MA 02145

$1,600,000
Price
9
Beds
4
Baths
3,149 Sq. Ft.
$508 / Sq. Ft.
3,149
Sq. Ft.
$508
per Sq. Ft.

Description

Located minutes to 93, this 4 family is an ideal investment or owner-occupied property. This home is conveniently located approximately 1.5 miles away from Kendall Square and 1.2 miles from Assembly Row. Unit 1: boasts 4 generous sized bedrooms, a full bath, dining/living room/kitchen combo. Unit 2: is a 1 bedroom with living room with enough space for a small office area and a full bath. Unit 3: is a 1 bedroom with lots of natural light. Living room also has space for an office area. Unit 4: is...Located minutes to 93, this 4 family is an ideal investment or owner-occupied property. This home is conveniently located approximately 1.5 miles away from Kendall Square and 1.2 miles from Assembly Row. Unit 1: boasts 4 generous sized bedrooms, a full bath, dining/living room/kitchen combo. Unit 2: is a 1 bedroom with living room with enough space for a small office area and a full bath. Unit 3: is a 1 bedroom with lots of natural light. Living room also has space for an office area. Unit 4: is a 3 bedroom with a flexible floor plan with kitchen, living room and bath. All kitchens have gas cooking. The basement has coin-operated laundry hookups. Parking for 4+ cars. A commuter's dream come true with many options including easy access to Green Line Extension, Orange Line, Route 93, and more.
  1. Listed by Joanne Rodrigues • Redfin Corp.

Property Details for 74 Franklin Street

Town
Somerville
Area
MA-Somerville
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6

Location

Listing Courtesy of Redfin Corp., Joanne Rodrigues
Add your commute
LISTING UPDATED: 04/19/2024 03:10 AM

Property Details for 74 Franklin Street

StatusActive
MLS #73205642
Days on Market61
Taxes$10,901 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1890
CountyMiddlesex County

Location

Listing Courtesy of Redfin Corp., Joanne Rodrigues
Add your commute

Virtual Tour

Building Information for 74 Franklin Street

Stories8Residences4Year Built1890Building Size-Lot Size0.10 AC / 4,382 SF

Payment Calculator

$9,640 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$908

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 74 Franklin Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, Sidewalks
  • Living Area: 3149.0
  • Color: Yellow
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: E Somerville
  • High School: Somerville High
  • Middle School: E Somerville
Features
Interior Features
  • Basement Features: Full, Bulkhead, Dirt Floor, Concrete Floor
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Lot Description: Level
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Heating: Baseboard, Natural Gas, Forced Air
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Disclosures: Some photos have been virtually staged. Room dimensions and sq. ft. are approximate. Buyer and buyer’s agent must verify all information and perform their own due diligence.
Tax Information
  • Tax ID: M:104 B:E L:7,761212
  • Assessments: $1,054,300
  • Book: 63148
  • Tax Year: 2023
  • Zoning: RB
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 8
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 2
  • Heat Zones: 4
Income / Expenses
  • Electricity: $2,000.00
  • GOI: $116,400.00
  • Gross Scheduled Income: $2,800.00
  • Insurance: $2,100.00
  • GRE: $7,900
  • NOI: $116,400.00
  • Operating Expense: $7,900.00
  • WSE: $1,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $9,600.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 0

Property History for 74 Franklin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 74 Franklin Street

Taxable ValueLand$473,300Additions$588,000Total$1,061,300
Tax Record2024$11,165 ($930 / month)
Home Facts
Baths5.5Total Finished SqFt3,149 SqFtAbove Grade Finished SqFt3,149 SqFtStories3Lot Size4,382 SqFtStyleMulti-Family Res (5+ Units)Year Built1890ZoningRBCountyMIDDLESEXAPNSOME M:104 B:E L:7

Schools near 74 Franklin Street

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
E Somerville Community
PublicK to 8

Somerville High School
Public9 to 12

Next Wave Junior High School
Public7 to 8

Full Circle High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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74 Franklin Street is a multi-family home for sale in Somerville, MA 02145. This property was listed for sale on February 26, 2024 by Redfin Corp., it's currently listed at $1,600,000. It has been on the market for a total of 61 days and was last sold on January 6, 2014. This listing's school district is Somerville School District. Nearby schools include E Somerville Community, Somerville High School and Next Wave Junior High School. 74 Franklin Street is a 9-bed, 4-bath, 3,149 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin Corp., Joanne Rodrigues

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.