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INVESTMENT SNAPSHOT
About this property
Rare opportunity to acquire TWO adjacent multifamily properties totaling 6 units in a prime Somerville location. Lovingly family-owned for generations, 126 & 130 Summer Street offer exceptional flexibility for investors, developers, owner-occupants, or multi-generational living. Together, these well-maintained properties feature spacious units, strong rental potential, ample driveway parking, a 1-car garage, inviting outdoor space, and numerous recent improvements throughout. Updates include renovated units, upgraded electrical service with separate fire alarm meter, newer heating systems, irrigation system, updated oversized gazebo, and a recently completed Rhino Shield exterior with new gutters and transferable warranty. The combined footprint presents a rare assemblage opportunity with long-term upside potential in one of Somerville’s most desirable and rapidly growing neighborhoods. See MLS listings for 126 Summer & 130 Summer for additional details.
Property details
| Units | 6 |
| Living area | 8,243 sqft |
| Lot size | 8,800 sqft |
| Year built | 1900 |
| Price / sqft | $429 |
| County | Middlesex |
| MLS # | 73517041 |
Listing status
| Days on market | 25 days |
| Listed on | May 12, 2026 |
Taxes & financials
| Annual property tax | $30,082 |
| Tax year | 2026 |
| Assessed value | $2,739,700 |
| Zoning | RB |
| Total actual rent | $99/mo |
Building & lot
| Stories | 3 |
| Total rooms | 33 |
| Lot size | 0.2 acres |
| Garage spaces | 1 |
| Parking spaces | 7 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Unfinished |
| Foundation | Block, Stone, Brick/Mortar |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile, Vinyl |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup |
Location
More about investing in Somerville →
Listing courtesy of Leading Edge Real Estate — Melanie Lentini. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 126-130 Summer Street, Somerville MA 02143 have?
It is a 6-unit multi-family property with 8,243 sqft of living area, built in 1900.
How long has 126-130 Summer Street, Somerville MA 02143 been on the market?
126-130 Summer Street, Somerville MA 02143 has been listed for 25 days (since May 12, 2026).
What is the estimated cap rate on this 6-family in Somerville?
Based on area median rents, the estimated cap rate is about 4.1%, with a Signal Score of 74/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $3,540,000 across 6 units, that works out to roughly $590,000 per unit.
What are the property taxes on 126-130 Summer Street, Somerville MA 02143?
Annual property taxes are $30,082 (2026), on an assessed value of $2,739,700.
What is the price per square foot?
At $3,540,000 for 8,243 sqft, that's about $429 per square foot.
Is there parking?
1 garage space and 7 total parking spaces (paved drive, off street).
Where is this property located?
126-130 Summer Street, Somerville MA 02143 is in Somerville, Middlesex County, MA 02143.
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