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$1,595,000

Active

34 Summer St

Somerville, MA, 02143

Multi-Family · MLS #73492731

Price/sqft

$477

Days on market

New today

Year built

1900

Lot size

0.06 ac

3,341 sq ft

Sq Ft

0.06 acres

Lot

1900

Year Built

Taxes: $12,269 (2026)

About this home

Prime Turnkey Two-Family on Summer St, steps From Bow Market and Union Square. Impeccably maintained and perfectly positioned, this property offers two spacious units with modern updates, and solid rental history. Both units offer an abundance of natural light, with hardwood floors, and renovated kitchens. Unit 1 (first floor + lower level) is currently used as a 3 bed/2 bath with 1128 sqft on the main level and 764 sqft on the lower level. Unit 2 (second and third floors) is currently used as a 5 bed/1 bath with 1110 sqft on the second floor and 339 sqft on the third. Strong rental income: $9,020/month (Unit 1: $4,200 | Unit 2: $4,820). Three tandem parking spaces for use by Unit 1 tenants. Whether you’re seeking a turnkey investment with an attractive cashflow, or envision living in one unit while renting the other, this property offers different possibilities for a discerning investor in Somerville’s vibrant Union Square.

Property details

Road type
Public
Basement
Full
Electric
110 Volts

Listed by Nathan Long · Coldwell Banker Realty - Cambridge

Schedule a showing

34 Summer St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$9,752 / month

Down payment20% · $319,000
Interest rate6.50%

Loan term

Principal & interest
$8,065
Property tax
$1,022
Home insurance
$665

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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