126 Summer St, Somerville MA 02143
Somerville, MA 02143
$1,695,000
$1,595,000
Est. $9,417/month
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About this home
NEW PRICE! Opportunities like this are becoming increasingly rare. For the first time in generations, this cherished , well maintianed, three-family home is ready for its next chapter. Set in a prime Somerville location, 126 Summer Street has been lovingly maintained and offers the flexibility today's buyers are looking for, whether as an investment, owner-occupied property, or multigenerational home. Three spacious units, off-street parking for three vehicles and an inviting outdoor entertaining area with an oversized gazebo, make this a standout opportunity. Recent improvements include upgraded electrical with a separate fire alarm meter and newer heating systems serving the first and third floors. Looking for even greater potential? The adjacent three-family at 130 Summer Street is also available, offering a unique opportunity to own six units side by side in one of Somerville's most desirable neighborhoods.
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Recently Sold Nearby
Property History
Market Insights
3
Price Changes
5.9%
Price Range
Property Timeline
Status: Active under contract
Aug 17, 2026
Active → Active Under Contract
Pending Sale
Aug 17, 2026
Offer accepted, sale pending
Price Reduced
Aug 4, 2026
$1,595,000
$33,000
(-2.03%)
From $1,628,000 to $1,595,000 (-2.0%)
Price Reduced
Jul 6, 2026
$1,628,000
$42,000
(-2.51%)
From $1,670,000 to $1,628,000 (-2.5%)
Price Reduced
Jun 2, 2026
$1,670,000
$25,000
(-1.47%)
From $1,695,000 to $1,670,000 (-1.5%)
Listed for Sale
May 12, 2026
$1,695,000
Original listing
Agent: Melanie Lentini
Office: Leading Edge Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/17/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 08/17/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 08/04/2026 | ↓ Price Reduced | $1,595,000 | $33,000 | - | From $1,628,000 to $1,595,000 (-2.0%) |
| 07/06/2026 | ↓ Price Reduced | $1,628,000 | $42,000 | - | From $1,670,000 to $1,628,000 (-2.5%) |
| 06/02/2026 | ↓ Price Reduced | $1,670,000 | $25,000 | - | From $1,695,000 to $1,670,000 (-1.5%) |
| 05/12/2026 | 🏠 Listed for Sale | $1,695,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $13,824 | $1,259,000 |
Financial Details
Annual Property Tax
$13,824
Tax Year 2026
Assessed Value
$1,259,000
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1900
Living Area
3,688 sq ft
Lot Size
0.11 acres
Stories
3
Bedrooms
7
Full Baths
3
Total Rooms
15
Investment Metrics
Units
3
Unit 1 Rent
— · N
Unit 2 Rent
$2,975/mo · N
Unit 3 Rent
$2,350/mo
Total Monthly Rent
$5,325/mo
Gross Income
$63,900
Net Operating Income
$63,900
Cap Rate
4.01%
Interior
Heating
Baseboard, Natural Gas, Forced Air
Cooling
None
Flooring
Wood, Tile, Hardwood
Appliances
Range, Refrigerator, Washer, Dryer, Dishwasher, Microwave
Fireplace
None
Fireplaces
4
Basement
Full, Unfinished
Laundry
Electric Dryer Hookup, Washer Hookup
Features
Ceiling Fan(s), Bathroom With Tub, Living Room, Dining Room, Kitchen, Laundry Room
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Sprinkler System
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Deck, Patio
Parking
Features
Paved Drive, Off Street
Total Spaces
3
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$13,824
Assessed Value
$1,259,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Units To Be Delivered Vacant. See Paperclip For Inclusion/exclusion And Sellers Statement
Exclusions
See Inclusion/Exclusion For Details.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
All measurement are approximate and for marking purposes only. One unit is owner occupied.
Documents
None
County
Middlesex
Total market time (incl. prior listings)
111 days
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
Sale Pending
Year Built
1900
Bedrooms
7
Full Bathrooms
3
Living Area
3,688 sq ft
Total Rooms
15
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,688 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Deck, Patio
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile, Hardwood
Appliances:
Range, Refrigerator, Washer, Dryer, Dishwasher, Microwave
Interior Features:
Ceiling Fan(s), Bathroom With Tub, Living Room, Dining Room, Kitchen, Laundry Room
Windows:
Basement:
Full, Unfinished
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Brick/Mortar
Stories:
3
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas, Forced Air
Cooling:
None
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Sprinkler System
Patio & Porch:
Porch, Deck, Patio
Fencing:
Other Structures:
Lot Features:
Corner Lot, Other
Road Surface:
Parking & Garage
Total Parking Spaces:
3
Parking Features:
Paved Drive, Off Street
Special Features
Fireplaces:
4
Fireplace Type:
Community Amenities:
Public Transportation, Shopping
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,152
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
126 Summer St, Somerville MA 02143
Somerville, MA 02143
Listing Information
Listing Agent
Melanie Lentini
Listing Office
Leading Edge Real Estate
Office Phone
781-729-5505
Agent MLS ID
B9500513
Office MLS ID
AN4643
Listing Data Updated
Aug 31, 2026 3:06 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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