35 Franklin Ave Somerville — Photo 1 of 27
$1,249,000
Investment Analysis — 35 Franklin Ave
Somerville, MA 02145 — East Somerville
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02145 carries an estimated $8,040/mo in gross rent — about a 5.02% cap rate and $62,734/yr in estimated NOI at the $1,249,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
2,148
Style
Multi Family
Built
1890
Located on a peaceful side street, this home checks all boxes for the city dweller; walkable to public transportation (equidistant to Orange and Green lines)....easy highway access, rental income, off street parking and beautiful outdoor spaces. Oh...and sick of those enormous electric bills?....the roof has solar panels that YOU own. Eat that Eversource! The interior has seen some updates through the years.....the upper unit currently functioning as the owner's unit. The 1350sqft+ fully enclosed backyard will be a hit with Fido, little ones and/or a great place to gather with friends. First Open Houses Sat Aug 15th and Sun Aug 16th from 11:30am - 1:00pm
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Laundromat • Bike Path • Highway Access
Geography
Property History
$1,249,000
Aug 14, 2026
MLS® 73563730
$485,000
Aug 24, 2004
MLS® 70029932
$489,000
May 6, 2004
MLS® 70029932
Listing Agent: Paul B. Campano
Listing Office: Keller Williams Realty Boston Northwest
MLS® Number: 73563730