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34 Summer St
Somerville, MA, 02143
$1,595,000
8 Beds
3 Baths
3,341 SqFt
0.06 Acres
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MLS #73492731 image #0
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

Price:
$1,595,000
MLS #:
73492731
Status:
Active
Beds:
8
Baths:
3
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Listed Date:
Mar 26, 2026
Finished Sq Ft:
3,341
Total Sq Ft:
3,341
Lot Size:
2,614 sqft / 0.06 acres (approx)
Year Built:
1900
Units:
2

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Schools

Interior

Above Grade Finished Area
2577
Appliances
Range, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Dishwasher
Bathrooms
3 Full Bathrooms
Below Grade Finished Area
764
Cooling
Window Unit(s)
Fireplaces Total
1
Flooring
Hardwood, Other
Heating
Baseboard, Natural Gas
Interior Features
Bathroom With Tub, Living Room, Kitchen, Dining Room
Levels
5

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, University
Construction Materials
Stone
Lot Features
Level
Open Parking Spaces
3
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Tandem
Parking Spots
3
Parking Total
3
Roof
Shingle
Stories
5

Financial

Net Operating Income
$108,240
Tax Year
2026
Taxes
$12,269

Map

Community

Subdivisions in Somerville

Market Summary

Current real estate data for Multi Family in Somerville as of May 15, 2026
90
Multi Family Listed
116
Avg DOM
485
Avg $ / SqFt
$2,015,753
Avg List Price

Property Summary

    34 Summer St Somerville MA is a Multi Family for sale in Somerville, MA, 02143. It is listed for $1,595,000 To schedule a showing of MLS#73492731 at 34 Summer St in Somerville, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

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