Under Agreement

34 Summer St, Somerville, MA

Somerville · MA 02143

$1,549,000
Price
8
Beds
3
Baths
3341
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 2 Units
Lot size: 2,614 Sq.Ft Lot
Price per square foot: $464 / Sq.Ft
Parking: 3 Off Street Spaces

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.

Neighborhood & Transit

Union Square

34 Summer St, Somerville · MA 02143

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Gilman Square Green 0.36 mi
  • Union Square Green 0.42 mi

Price Insight

Days on Market:
87 days
Listing Price:
$1,549,000
Price per Sq.Ft:
$464
Tax Assessment:
$1,117,400 in 2026
Taxes:
$1,022 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,341 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area
Living area is an approximation. Buyer and buyer's agent do their own due diligence.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2577
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
110 Volts

Exterior Features

Lot Size
2,614 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Nathan Long
Listing office
Coldwell Banker Realty - Cambridge
MLS PIN #
73561000
Disclosure
Public records show 8 bedrooms and 3 bathrooms. Living area for 1st and 2nd floors are from public records; attic and finished basement area are from photographer floor plan. Buyer and buyer's agent do their own due diligence.
Disclosure
Living area is an approximation. Buyer and buyer's agent do their own due diligence.