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Renovated Five-Unit Apartment Buildings
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34 Crescent St, Somerville, MA 02145

Two adjacent residential buildings offer updated interiors, in-unit laundry, separate utility metering, and shared parking.

Property Size10,364 SF
Lot Size0.17 Acres
Days on Market142

Property Features for 34 Crescent St

General Information

Standard status Active
Size 10,364 SF
Total Parking Spaces 4
Lot size 0.17 Acres
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 3BR/1BA, 2 x 4BR/1BA, 1 x 5BR/2BA
Multifamily Units 5

Amenities

in-unit laundry
central air conditioning
forced hot air heating
tankless water heater

Building Details

Buildings 2
Listing Agency: Horvath & Tremblay
Listed By: Dennis Kelleher · License #MA 9504385
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 10:52PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This multifamily property comprises two adjacent buildings on separate tax parcels, with five residential units and 6,902 square feet of gross living area within 10,364 square feet of gross area. The unit mix includes two 3-bedroom/1-bathroom apartments, two 4-bedroom/1-bathroom apartments, and one 5-bedroom/2-bathroom apartment. Interior improvements include luxury vinyl plank flooring, remodeled kitchens with granite countertops and stainless steel appliances, and updated bathrooms. Every apartment has its own laundry, new forced hot air heating, central air conditioning, and a tankless Navien hot water system. Heat, hot water, and electricity are separately metered, with tenants paying those utilities directly.

The combined land area is 0.17 acres, with a shared parking lot accommodating four cars. The property is in Somerville’s East Somerville neighborhood, 0.3 miles from Sullivan Square Station, 0.6 miles from East Somerville Station, and 0.8 miles from Assembly Station, with access to Interstate 93 and Assembly Row.

Key Highlights

  • Five residential units across two adjacent buildings on separate tax parcels
  • Unit mix includes two 3‑bedroom/1‑bathroom, two 4‑bedroom/1‑bathroom, and one 5‑bedroom/2‑bathroom unit
  • 6,902 square feet of gross living area in 10,364 square feet of gross area

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home Garden Center Pet Grooming Service Pet Store (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,802
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two adjacent residential buildings offer updated interiors, in-unit laundry, separate utility metering, and shared parking.
Where is this apartment building located?
The property is located at 34 Crescent St Somerville, MA.
What are key features of this property?
This property features: Five residential units across two adjacent buildings on separate tax parcels; Unit mix includes two 3‑bedroom/1‑bathroom, two 4‑bedroom/1‑bathroom, and one 5‑bedroom/2‑bathroom unit; 6,902 square feet of gross living area in 10,364 square feet of gross area
(781) 776-4000 Call to check price and availability
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