Welcome to 30–32 Stone Ave, Somerville — a rare chance to bring your vision to life in one of the city’s most vibrant and rapidly growing neighborhoods. Located just moments from historic Prospect Hill and in the heart of Union Square, this vacant two-family home offers incredible upside for investors, developers, or owner-occupants looking to build equity.Set on a 3,371 sq ft lot, this 2,977 sq ft property features a paved driveway and yard, providing valuable off-street parking — a true bonus in this highly desirable area.Both units offer strong layouts and “great bones,” making this the perfect canvas for renovation. Delivered vacant and ready for immediate work, this property is ideal for those looking to renovate, reconfigure, or maximize rental income. Whether you're a contractor searching for your next project or a buyer looking to customize your home while offsetting costs with rental income, this is a standout opportunity.
This home has been viewed 9 times
Last Checked: June 7th, 2026 at 4:33am (Source: MLS PIN #73518575)
Gross Income: $0
Gross Expenses: $11,895
Net Income Calc: $11,895
Annual Expenses for 32 Stone Ave, Somerville MA 02143
Total Gross Expenses (Calculated)$11,895/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11895
Annual Income & Unit Breakdown for 32 Stone Ave, Somerville MA 02143
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 32 Stone Ave, Somerville MA 02143
Listing ID73518575
Property TypeMulti Family
Price1299900 ($436.65/SqFt)
StyleMulti Family
CitySomerville
CountyMiddlesex
MLS AreaUnion Square
Neighborhood(s)
Approximate Living Area Total2977
Approximate Lot Size (Acres)0.08
Total Parking2
Garage Parking0
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRA
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 32 Stone Ave, Somerville MA 02143
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBasement Fridge
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 32 Stone Ave, Somerville MA 02143
Real Estate Taxes11895
Tax Year2025
Assessed Value$1,090,300
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 32 Stone Ave, Somerville MA 02143
Neighborhood(s)
MLS AreaUnion Square
Area AmenitiesWalk/jog Trails
Contact Information for 32 Stone Ave, Somerville MA 02143