Two-Unit Duplex with Outdoor
For Sale
$1,300,000
34 Holyoke Road, Somerville, MA 02144
Separate heating systems and updated kitchens and baths serve both residences.
Property Size3,270 SF
Price / SF$397.55
Days on Market8
Property Features for 34 Holyoke Road
General Information
Standard status
Active
Size
3,270 SF
Property subtype
Multi-family
Units
Unit Mix
1 x 3BR, 1 x 4BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
private deck
balcony
laundry area
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Coldwell Banker Realty - Cambridge
Listed By:
Gail Roberts,Ed Feijo & Team
(617) 844-2712
Source:
Jbarrettrealty
Added: Oct 4
Changed: Oct 10
Last Checked: Oct 11 at 10:09AM
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 Coldwell Banker Realty - Cambridge
Investment Insights
Based on property information with market context.
This 3,270-square-foot two-family property, built in 1900, contains two distinct residences with separate heating systems, renovated kitchens and baths, and individual living and dining rooms. The first-floor unit has three bedrooms, single-level living, and a private deck. The upper residence occupies the second and third floors, with four bedrooms and a balcony. A lower level provides storage, utility space, laundry, and exterior bulkhead access.
The property is near Porter Square T station, with shops, restaurants, and daily services close by. Public transportation and bike paths connect the area to Lesley, Harvard, MIT, Tufts, and MGH. Nearby recreation includes basketball courts and a public swimming pool.
The property is near Porter Square T station, with shops, restaurants, and daily services close by. Public transportation and bike paths connect the area to Lesley, Harvard, MIT, Tufts, and MGH. Nearby recreation includes basketball courts and a public swimming pool.
Key Highlights
- 3,270‑square‑foot, two‑family property built in 1900
- First‑floor residence has 3 bedrooms, single‑level living, and a private deck
- Upper residence spans the second and third floors and has 4 bedrooms and a balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,194
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,383,880
$1.4M
Cap Rate 7%
$988,486
$988.5K
Cap Rate 9%
$768,822
$768.8K
Market Conditions
NOI Build-Up for 3,270 SF
Gross rent
$104.0K $31.80/SF
− Vacancy
−$5.1K −$1.57/SF
EGI
$98.8K $30.23/SF
− OpEx
−$29.7K −$9.07/SF
NOI
$69.2K $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%
$1,383,880
Cap Rate 7%
$988,486
Cap Rate 9%
$768,822
Alternative Uses
Best Use
Multifamily LT 5
$988.5K
$864.9K – $1.15M
NOI $69,194 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$929.5K
$813.3K – $1.08M
NOI $65,062 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$1.94M
$1.69M – $2.26M
NOI $135,508 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
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
3,127
Businesses Nearby
Explore this area
Business Placement
Demographics for 02144, MA
25,497
Population
11,881
Households
2.1
Avg Household Size
31
Median Age
75%
College-Educated
96%
High-School Grad
1.1 sq mi
ZIP Area
23,179
Density / Sq Mi
$140,591
Median Household Income
$74,639
Median Earnings
$2,654
Median Rent
$987,000
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Separate heating systems and updated kitchens and baths serve both residences.
Where is this duplex located?
The property is located at 34 Holyoke Road Somerville, MA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 3,270‑square‑foot, two‑family property built in 1900; First‑floor residence has 3 bedrooms, single‑level living, and a private deck; Upper residence spans the second and third floors and has 4 bedrooms and a balcony
