Two-Family Residence with
45 Francesca Ave Somerville, MA 02143
45 Francesca Ave, Somerville, MA, 02143
$1,600,000
Pending
For Sale
$1,600,000
Pending
Two-family home with four bedrooms per unit, outdoor porch and deck, plus a two-car garage and off-street parking.
Property Size3,847 SF
Days on Market87
Property Features for 45 Francesca Ave
General Information
- Standard status
- Pending
- Size
- 3,847 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing agency
Century 21 North East
(781) 475-2766
Listed by
Jill Fitzpatrick · License #449596555
(781) 475-2766
Source
Lockandkeyre
Added: Apr 26 Updated: Jul 21 at 5:33PM Checked: Jul 21 at 5:33PM
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 Century 21 North East
Investment Insights
Based on property information with market context.
Well maintained two-family residence offering three levels of living space with four bedrooms per unit. The units feature hardwood floors and detailed woodwork, with generous closet space. Outdoor living includes a first-floor porch and a private second-floor deck. A two-car garage and an extended driveway provide off-street parking.
Located in Somerville at 45 Francesca Ave, positioned between Davis Square and Tufts University and described as close to public transit and nearby dining.
Property updates include newer Navien heating systems, a newer roof, and replacement windows in the second unit. This configuration supports use as an owner-occupied home, an investment property, or multi-generational living within a single building.
Located in Somerville at 45 Francesca Ave, positioned between Davis Square and Tufts University and described as close to public transit and nearby dining.
Property updates include newer Navien heating systems, a newer roof, and replacement windows in the second unit. This configuration supports use as an owner-occupied home, an investment property, or multi-generational living within a single building.
Key Highlights
- Two‑family home built in 1900 with 3,847 sq ft across three levels
- Each unit has 4 bedrooms with hardwood floors, rich woodwork, and generous closet space
- Outdoor living includes a first‑floor porch and a private second‑floor deck
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.3k | $31.80 |
| − Vacancy | −$6.0k | −$1.57 |
| EGI | $116.3k | $30.23 |
| − OpEx | −$34.9k | −$9.07 |
| NOI | $81.4k | $21.16 |
3,847 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.16M
$1.02M – $1.36M
NOI $81,404 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$1.09M
$956.8K – $1.28M
NOI $76,542 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$2.28M
$1.99M – $2.66M
NOI $159,419 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family home with four bedrooms per unit, outdoor porch and deck, plus a two-car garage and off-street parking.
Where is this duplex located?
The property is located at 45 Francesca Ave Somerville, MA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Two‑family home built in 1900 with 3,847 sq ft across three levels; Each unit has 4 bedrooms with hardwood floors, rich woodwork, and generous closet space; Outdoor living includes a first‑floor porch and a private second‑floor deck
