34 Summer St, Somerville MA 02143
Somerville, MA 02143 • Union Square
$1,549,000
Est. $9,055/month
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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.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 8, 2026
$1,549,000
Original listing
Agent: Nathan Long
Office: Coldwell Banker Realty - Cambridge
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/08/2026 | 🏠 Listed for Sale | $1,549,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $12,269 | $1,117,400 |
Financial Details
Annual Property Tax
$12,269
Tax Year 2026
Assessed Value
$1,117,400
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1900
Living Area
3,341 sq ft
Lot Size
0.06 acres
Stories
5
Bedrooms
8
Full Baths
3
Total Rooms
16
Investment Metrics
Units
2
Unit 1 Rent
$4,200/mo · Y
Unit 2 Rent
$4,820/mo · Y
Total Monthly Rent
$9,020/mo
Gross Income
$108,240
Net Operating Income
$108,240
Cap Rate
6.99%
Interior
Heating
Baseboard, Natural Gas
Cooling
Window Unit(s)
Flooring
Hardwood, Other
Appliances
Range, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Dishwasher
Fireplace
None
Fireplaces
1
Basement
Full
Laundry
None
Features
Bathroom With Tub, Living Room, Kitchen, Dining Room
Exterior
Construction
Stone
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Off Street, Tandem
Total Spaces
3
Utilities
Electric
110 Volts
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Gas Oven
Financial
Annual Tax
$12,269
Assessed Value
$1,117,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
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 Buyers Agent Do Their Own Due Diligence.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Other
Sq Ft Disclosures
Living area is an approximation. Buyer and buyers agent do their own due diligence.
Documents
None
County
Middlesex
Total market time (incl. prior listings)
101 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
8
Full Bathrooms
3
Living Area
3,341 sq ft
Total Rooms
16
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,577 sq ft above grade
764 sq ft below grade
Display Options
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:
Hardwood, Other
Appliances:
Range, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Dishwasher
Interior Features:
Bathroom With Tub, Living Room, Kitchen, Dining Room
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Stone
Roof:
Shingle
Foundation:
Stone
Stories:
5
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Cooling:
Window Unit(s)
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
3
Parking Features:
Paved Drive, Off Street, Tandem
Special Features
Fireplaces:
1
Fireplace Type:
Community Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, University
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
$1,022
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
Union Square
34 Summer St, Somerville MA 02143
Somerville, MA 02143
Listing Information
Listing Agent
Nathan Long
Listing Office
Coldwell Banker Realty - Cambridge
Office Phone
617-864-4430
Agent MLS ID
CN249699
Office MLS ID
AN6200
Listing Data Updated
Aug 12, 2026 3:05 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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