Two-Family Duplex with Off-Street
New
For Sale
$899,000
13 Stickney Avenue, Somerville, MA 02145
Separate utilities and in-unit laundry support independent operation for both residences.
Property Size2,333 SF
Price / SF$385.34
Days on Market5
Property Features for 13 Stickney Avenue
General Information
Standard status
Active
Size
2,333 SF
Property subtype
Multi-family
Additional Details
Public Transit
Yes
Multifamily Units
2
Amenities
in-unit washer and dryer
eat-in kitchens
nine-foot ceilings
Building Details
Year Built
1900
Listing Agency:
Leading Edge Real Estate
Listed By:
The Stakem Group
(978) 770-8099
Source:
Longwoodresidential
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 14 at 10:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Leading Edge Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,333-square-foot duplex contains two residences, each with an eat-in kitchen, in-unit washer and dryer, gas heat, and gas cooking. Separate utilities serve the units, and nine-foot ceilings extend throughout the property. One heating system was replaced in 2024. Built in 1900, the building also offers off-street parking.
The property is steps from Gilman Square Green Line station, with restaurants, shops, and schools in the surrounding area.
The property is steps from Gilman Square Green Line station, with restaurants, shops, and schools in the surrounding area.
Key Highlights
- Two residential units in a 2,333‑square‑foot building
- Separate utilities for each unit
- In‑unit washer and dryer in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,367
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$987,340
$987.3K
Cap Rate 7%
$705,243
$705.2K
Cap Rate 9%
$548,522
$548.5K
Market Conditions
NOI Build-Up for 2,333 SF
Gross rent
$74.2K $31.80/SF
− Vacancy
−$3.7K −$1.57/SF
EGI
$70.5K $30.23/SF
− OpEx
−$21.2K −$9.07/SF
NOI
$49.4K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$987,340
Cap Rate 7%
$705,243
Cap Rate 9%
$548,522
Alternative Uses
Best Use
Multifamily LT 5
$705.2K
$617.1K – $822.8K
NOI $49,367 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$663.1K
$580.2K – $773.7K
NOI $46,419 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,679 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,034
Businesses Nearby
Explore this area
Business Placement
Demographics for 02145, MA
27,520
Population
12,669
Households
2.2
Avg Household Size
33
Median Age
55%
College-Educated
89%
High-School Grad
1.4 sq mi
ZIP Area
19,657
Density / Sq Mi
$119,167
Median Household Income
$63,629
Median Earnings
$2,377
Median Rent
$784,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate utilities and in-unit laundry support independent operation for both residences.
Where is this duplex located?
The property is located at 13 Stickney Avenue Somerville, MA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two residential units in a 2,333‑square‑foot building; Separate utilities for each unit; In‑unit washer and dryer in both residences
