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INVESTMENT SNAPSHOT
About this property
For any full-price, acceptable offer, the seller will provide up to a $16,000 CREDIT to be applied toward one of the following: CLOSING COSTS CREDIT, a RATE BUY-DOWN, or a REDUCTION OF THE SALES PRICE. Exceptional opportunity to purchase one or both adjacent multifamily properties totaling 6 units in a prime Somerville location (see 126 Summer Street for details & pricing). Lovingly owned by the same family for generations, 130 Summer Street is an oversized three-family offering exceptional flexibility for investors, owner-occupants, developers, or multigenerational living. Highlights include spacious units, a 1-car garage, yard space, off-street parking for 3, and an updated unit featuring a renovated kitchen (2022) and bathroom (2025). The exterior has been completely refinished with new gutters, drain pipes, and Rhino Shield coating with a transferable warranty for lasting value and peace of mind. A rare opportunity with strong rental income in a great location!
Property details
| Units | 3 |
| Living area | 4,555 sqft |
| Lot size | 4,000 sqft |
| Year built | 1900 |
| Price / sqft | $391 |
| County | Middlesex |
| MLS # | 73517002 |
Listing status
| Days on market | 115 days |
| Listed on | May 12, 2026 |
Taxes & financials
| Annual property tax | $16,258 |
| Tax year | 2026 |
| Assessed value | $1,480,700 |
| Zoning | RB |
| Gross income (actual) | $26,400/yr |
| Net operating income (actual) | $26,400/yr |
| Total actual rent | $2,200/mo |
Building & lot
| Stories | 3 |
| Total rooms | 18 |
| Lot size | 0.09 acres |
| Garage spaces | 1 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Unfinished |
| Foundation | Other |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile, Hardwood |
Utilities & systems
| Heating | Hot Water, Natural Gas, Baseboard |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood |
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
Answered from the listing data and public map data.
How many units does 130 Summer St, Somerville MA 02143 have?
It is a 3-unit multi-family property with 4,555 sqft of living area, built in 1900.
How long was 130 Summer St, Somerville MA 02143 on the market before it sold?
130 Summer St, Somerville MA 02143 sold after about 169 days on the market (listed May 12, 2026, closed October 28, 2026).
What is the estimated cap rate on this 3-family in Somerville?
Based on area median rents, the estimated cap rate is about 3.9%, with a Signal Score of 71/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,837,000 across 3 units, that works out to roughly $612,333 per unit.
What are the property taxes on 130 Summer St, Somerville MA 02143?
Annual property taxes are $16,258 (2026), on an assessed value of $1,480,700.
What is the price per square foot?
At $1,837,000 for 4,555 sqft, that's about $391 per square foot.
Is there parking?
1 garage space and 4 total parking spaces (paved drive, off street).
Where is this property located?
130 Summer St, Somerville MA 02143 is in Somerville, Middlesex County, MA 02143.
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