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    10 Stone Ave Somerville, MA 02143

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    For Sale
    $1,999,999

    Multifamily property near Union Square with income potential.

    Lot size:
    0.07 Acres

    Property Features for 10 Stone Ave

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1925

    Source: Century 21 North East Agent Juliana Silva

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Union Square Multifamily Investment Opportunity

    This multifamily property, located in the heart of Union Square, presents an investment opportunity. The property contains 5 units: two studios, one one-bedroom apartment, and two two-bedroom units. Four units are in good condition and currently occupied under Tenancy at Will agreements. One unit requires a full rehabilitation, offering potential for added value or customization. The property is situated in a walkable neighborhood, steps from Union Square, the Green Line Extension, restaurants, shops, and entertainment. This property is suitable for investors or owner-occupants seeking income and growth in a developing area.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0957383
    Latitude
    42.3802886

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property near Union Square with income potential.
    Where is this apartment building located?
    The property is located at 10 Stone Ave Somerville, MA.
    What is the asking price?
    The asking price for this property is $1,999,999.
    What are key features of this property?
    This property features: - Prime location in the heart of Union Square, Somerville.; - Multi-family property with 5 units: 2 studios, 1 one-bedroom, and 2 two-bedroom apartments.; - Four units are in good condition and currently occupied, providing immediate income.
    (617) 767-6780
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10 Stone Ave Somerville, MA 02143
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