34 - 38 Franklin Ave, Somerville MA 02145

Somerville, MA 02145 • East Somerville
$1,750,000
Est. $9,314/month
0.09
Acres
Residential
Type
120
Days on Market
Active Price Drop -$200,000 Listed Sep 26, 2025 • MLS# 73381670

About this home

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! 2 separate lots of record are included in the sale.

Facts & Features

Property Overview

Property Type
Residential
Property Category
Land

Interior Features

Exterior & Structure

Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
3,920 sq ft
Lot Size Area
0.0900
Lot Features
Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Utilities & Systems

Water Source
Public
Sewer
Public Sewer, At Street
Electric
At Street
Gas
At Street

Community & HOA

Community Features
Public Transportation, Shopping, Medical Facility, Bike Path, Highway Access, Public School, T-Station, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,606
Tax Year
2024
Tax Assessed Value
$723,000
Tax Lot
13
Tax Block
E
Tax Map Number
104
Zoning
NR

Additional Details

Disclosures
Buyer responsible for any and all approvals

Location

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Neighborhood

East Somerville

34 - 38 Franklin Ave, Somerville MA 02145

Somerville, MA 02145

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $634
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
May 29, 2025
$1,750,000
Original listing

Price & Status History

Date Event Price Change
May 29, 2025 New Listing Added $1,750,000

Market Statistics

Days on Market
120 days
Price per Sq Ft
$—
Total Price Drop
-$200,000

Tax History

Year Taxes Assessment
2024 $7,606 $723,000

Financial Details

Annual Property Tax
$7,606
Tax Year 2024
Assessed Value
$723,000

Listing Information

Listing Agent Dana Ford
Listing Office LAER Realty Partners
Agent MLS ID NH000157
Office MLS ID AN4765

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