22-24 Fountain Avenue, Somerville MA 02145
Somerville, MA 02145
$1,800,000
$1,599,000
Est. $9,319/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
Rare development opportunity in prime East Somerville! This expansive 2-family home offers 3,807 total finished sq. ft. across 3 levels (including finished lower levels) featuring a total of 5 bedrooms, 6 full bathrooms, and 2 half bathrooms. Unit 1 is a multi-level layout delivering 2 bedrooms, 3.5 baths, an office/den, and living/dining areas. Unit 2 offers a 3-bedroom, 3.5-bath townhome layout with flex space. Convenient off-street tandem parking for 2 cars. Situated in a highly accessible East Somerville location close to the Green Line Extension, Assembly Row, Route 28/I-93, and downtown Boston. Ideal project for an experienced developer or builder looking to complete a luxury multi-family or condominium conversion.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
11.2%
Price Range
Property Timeline
Price Reduced
Sep 1, 2026
$1,599,000
$201,000
(-11.17%)
From $1,800,000 to $1,599,000 (-11.2%)
Listed for Sale
Aug 8, 2026
$1,800,000
Original listing
Agent: Thomas Mario
Office: Century 21 Mario Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/01/2026 | ↓ Price Reduced | $1,599,000 | $201,000 | - | From $1,800,000 to $1,599,000 (-11.2%) |
| 08/08/2026 | 🏠 Listed for Sale | $1,800,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $12,405 | $1,129,800 |
Financial Details
Annual Property Tax
$12,405
Tax Year 2026
Assessed Value
$1,129,800
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
2021
Living Area
3,807 sq ft
Lot Size
0.07 acres
Stories
6
Bedrooms
5
Full Baths
6
Half Baths
2
Total Rooms
16
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Interior
Heating
None
Cooling
None
Flooring
Wood, Tile, Vinyl, Varies
Appliances
None
Fireplace
None
Basement
Full, Finished, Interior Entry
Laundry
None
Features
Living Room, Dining Room, Kitchen, Office/den, Living Rm/dining Rm Combo
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Features
Paved Drive, Off Street, Tandem
Total Spaces
2
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$12,405
Assessed Value
$1,129,800
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
None
Seller Disclosures
There Is Currently A Stop Work Order From The City On The Project. It Is Under Construction. No Warranty Or Representation That Work Completed Was Done To Code. Buyer Must Rely Solely On Their Own Due Dilligence Regarding Permitting And Resuming Construction. Property Is Sold As-is.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Other
Documents
None
County
Middlesex
Total market time (incl. prior listings)
28 days
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
2021
Bedrooms
5
Full Bathrooms
6
Half Bathrooms
2
Living Area
3,807 sq ft
Total Rooms
16
Stories
6
Levels
6
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,543 sq ft above grade
1,264 sq ft below grade
Display Options
Outdoor Areas
Patio & porchDeck
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile, Vinyl, Varies
Appliances:
Interior Features:
Living Room, Dining Room, Kitchen, Office/Den, Living RM/Dining RM Combo
Windows:
Basement:
Full, Finished, Interior Entry
Laundry:
Security:
Construction & Materials
Year Built:
2021
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
6
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas, Tankless
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Paved Drive, Off Street, Tandem
Nearby Schools
School District
Somerville School District local
B-
School Safety
2024-25
2.5%
Average
1.4%
Suspensions
2.2%
In-School
1.1%
Emergency
3.0% below state avg
Elementary Schools
9 schools
C+
East Somerville Community School
0.2 mi
|
#244 of 352
|
Score: 36.9
Improved 7 spots from last year
-21.3 below state avg
743 students
Diverse
Grades PK-08
C-
Winter Hill Community School
0.3 mi
|
#291 of 352
|
Score: 32.3
Dropped 19 spots from last year
-25.9 below state avg
361 students
Diverse
Diverse Student Body
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
0.6 mi
|
#137 of 352
|
Score: 45.4
Improved 37 spots from last year
-12.8 below state avg
548 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
C+
Arthur D Healey School
1.0 mi
|
#237 of 352
|
Score: 37.4
Improved 26 spots from last year
-20.8 below state avg
461 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
St. Theresa of the Child Jesus School
1.1 mi
Grades PK-08
A
John F Kennedy School
1.5 mi
|
#49 of 352
|
Score: 57.2
Improved 6 spots from last year
-1 below state avg
474 students
Diverse
Grades PK-08
Capuano Early Childhood Center
< 0.1 mi
240 students
Very Diverse
Diverse Student Body
Grades PK-01
A+
Benjamin G Brown School
1.6 mi
|
#82 of 825
|
Score: 60.2
Dropped 65 spots from last year
+2 above state avg
230 students
Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
2.2 mi
Grades PK-K
Middle Schools
1 school
Next Wave Junior High School
0.4 mi
11 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
2 schools
F
Full Circle High School
0.4 mi
|
#334 of 346
|
Score: 23.6
Improved 32 spots from last year
-34.6 below state avg
60 students
Diverse
Rising School
Career Tech Programs
College Ready Curriculum
Diverse Student Body
Grades 09-12
B+
Somerville High School
0.4 mi
|
#125 of 346
|
Score: 58.3
Improved 117 spots from last year
+0.1 above state avg
1,367 students
Diverse
17 sports
• 1,566 athletes
Strong AP Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,034
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
22-24 Fountain Avenue, Somerville MA 02145
Somerville, MA 02145
Listing Information
Listing Agent
Thomas Mario
Listing Office
Century 21 Mario Real Estate
Office Phone
617-569-6044
Agent MLS ID
BB804911
Office MLS ID
BB2945
Listing Data Updated
Sep 5, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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