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22-24 Fountain Avenue, Somerville MA 02145

Active

22-24 Fountain Avenue, Somerville MA 02145

$1,800,000

Estimated $3,952/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $900,000

Total Rent: 0/year

Estimated CAP Rate:

5 Bedrooms

Baths

3807

Total Parking: 2

3,262 (0.07)

Rare development opportunity in prime East Somerville! This expansive 2-family home offers 3,807 total finished sq. ft. across 3 levels (including finished lower levels) featuring a total of 5 bedrooms, 6 full bathrooms, and 2 half bathrooms. Unit 1 is a multi-level layout delivering 2 bedrooms, 3.5 baths, an office/den, and living/dining areas. Unit 2 offers a 3-bedroom, 3.5-bath townhome layout with flex space. Convenient off-street tandem parking for 2 cars. Situated in a highly accessible East Somerville location close to the Green Line Extension, Assembly Row, Route 28/I-93, and downtown Boston. Ideal project for an experienced developer or builder looking to complete a luxury multi-family or condominium conversion.

This home has been viewed 4 times

Last Checked: August 9th, 2026 at 4:28am (Source: MLS PIN #73560985)

Gross Income: $0

Gross Expenses: $12,405

Net Income Calc: $12,405

Annual Expenses for 22-24 Fountain Avenue, Somerville MA 02145

Total Gross Expenses (Calculated)$12,405/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12405

Annual Income & Unit Breakdown for 22-24 Fountain Avenue, Somerville MA 02145

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms3 Full, 1 Half

Floor1

Levels in Unit3

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full, 1 Half

Floor1

Levels in Unit3

Rent Includes

General Information for 22-24 Fountain Avenue, Somerville MA 02145

Listing ID73560985

Property TypeMulti Family

Price1800000 ($472.81/SqFt)

StyleMulti Family

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3807

Approximate Lot Size (Acres)0.07

Total Parking2

Garage Parking0

Year Built2021

Year Built SourcePublic Records

Year Built DetailsUnder Construction

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningNR

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 22-24 Fountain Avenue, Somerville MA 02145

Lead PaintNone

UFFINo

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceOther

ExclusionsWindow Air Conditioners

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)Lender Owned

Compensation Based On

Financial Information for 22-24 Fountain Avenue, Somerville MA 02145

Real Estate Taxes12405

Tax Year2026

Assessed Value$1,129,800

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 22-24 Fountain Avenue, Somerville MA 02145

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 22-24 Fountain Avenue, Somerville MA 02145

Agent

Name: Thomas Mario

Office

Name: Century 21 Mario Real Estate

Phone: 617-569-6044

Payment Calculator

, Interest

Property Taxes 1033.75

Principal & Interest 11091.03

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 Mario Real Estate

Thomas Mario

Agent Phone

Office Phone

(617) 569-6044

Text Agent Call Agent Call Office

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    [unparsed] => 22-24 Fountain Avenue, Somerville MA 02145
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EXIT

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