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    36 Fountain Ave Somerville, MA 02145

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    For Sale
    $1,500,000

    Well-maintained three-family house with strong rental history.

    Lot size:
    0.06 Acres

    Property Features for 36 Fountain Ave

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1900

    Source: Redfin Corp. Agent Nancy Ciampa McLaughlin

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

    Overview

    East Somerville Multi-Family House

    This well-maintained three-family house is centrally located in East Somerville, near Cambridge, the T, eateries, and outdoor recreation areas. The property features 15 rooms, 9 beds, and 3 baths, presenting an opportunity for investors or owner-occupants, with a strong rental history in a prime location. Situated on a corner lot, the home is sun-splashed, and each unit includes a wood rear deck. The units have fully applianced eat-in kitchens with pantries, hardwood floors, well-appointed baths, high ceilings, and additional storage. The first-floor unit has a private entry. Having only had two owners in the past 40 years, the property shows pride of ownership. The top-floor unit offers city views. The property generates a yearly income of over $128,000.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -71.087681
    Latitude
    42.3833419

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    FAQs

    What type of property is this?
    Triplex - Well-maintained three-family house with strong rental history.
    Where is this triplex located?
    The property is located at 36 Fountain Ave Somerville, MA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - High yearly income of over $128,000/year; - Prime location in East Somerville, close to Cambridge, The T, eateries, and open spaces; - Well-maintained 3-family house with strong rental history
    (781) 608-4847
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    36 Fountain Ave Somerville, MA 02145
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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
    36 Fountain Ave Somerville, MA 02145
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