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34 Summer St
Somerville, MA, 02143
$1,549,000
8 Beds
3 Baths
3,341 SqFt
0.06 Acres
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MLS #73561000 image #0
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.

Property Details

Price:
$1,549,000
MLS #:
73561000
Status:
Active
Beds:
8
Baths:
3
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Neighborhood:
unionsquare
Listed Date:
Aug 8, 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
Union SquareUnionsquare

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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 Aug 14, 2026
97
Multi Family Listed
131
Avg DOM
492
Avg $ / SqFt
$1,910,136
Avg List Price

Property Summary

    34 Summer St Somerville MA is a Multi Family for sale in Somerville, MA, 02143. It is listed for $1,549,000 To schedule a showing of MLS#73561000 at 34 Summer St in Somerville, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

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