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$1,549,000

Active

34 Summer St

Somerville, MA, 02143

Multi-Family · MLS #73561000

Price/sqft

$464

Days on market

8 days

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 Near Bow Market & Union SquareImpeccably maintained and ideally located on Summer Street, this turnkey two-family offers the perfect combination of modern updates, strong rental income, and proximity to the best of Somerville. Just steps from Bow Market and Union Square, the property features two spacious, sun-filled units with hardwood floors and renovated kitchens.Unit 1 occupies the first floor and lower level and is currently configured as a 3-bedroom, 2-bath residence, offering approximately 1,128 square feet on the main level plus 764 square feet on the lower level. Unit 2 spans the second and third floors and is currently configured as a 5-bedroom, 1-bath residence, with approximately 1,110 square feet on the second floor and 339 square feet on the third.The property generates strong rental income of $9,020 per month—$4,200 for Unit 1 and $4,820 for Unit 2. Unit 1 tenants also enjoy the benefit of three tandem parking spaces.Whether you’re looking for a turnkey investment with attractive cash flow or envision living in one unit while renting the other, this versatile property offers an exceptional opportunity in Somerville’s vibrant Union Square neighborhood.

Location

34 Summer St, Somerville, MA, 02143

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

$9,631 / month

Down payment20% · $309,800
Interest rate6.66%

Loan term

Principal & interest
$7,963
Property tax
$1,022
Home insurance
$645

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

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