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INVESTMENT SNAPSHOT
About this property
Exceptional opportunity to purchase 1 or 2 adjacent multifamily properties totaling 6 units in a prime Somerville location! (See listing for 126 Summer St. for details.) Lovingly family-owned for generations, 130 Summer Street offers exceptional flexibility for investors, owner-occupants, developers, or multi-generational living. This oversized three-family property features spacious units, a 1-car garage, driveway parking and 1 unit with renovated kitchen in 2022 and bathroom in 2025. The entire exterior was recently refinished, including all new gutters and drain pipes along with Rhino Shield finish that includes a transferable warranty, offering long-term value and peace of mind. Well-maintained with strong rental and future upside potential, this is a rare opportunity to purchase one or both neighboring multifamily properties in one of Somerville’s most sought-after locations.
Property details
| Units | 3 |
| Living area | 4,555 sqft |
| Lot size | 4,000 sqft |
| Year built | 1900 |
| Price / sqft | $411 |
| County | Middlesex |
| MLS # | 73517002 |
Listing status
| Days on market | 25 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
Auto-generated from the listing data — richer AI answers coming with the live site.
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 has 130 Summer St, Somerville MA 02143 been on the market?
130 Summer St, Somerville MA 02143 has been listed for 25 days (since May 12, 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 $1,870,000 across 3 units, that works out to roughly $623,333 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 $1,870,000 for 4,555 sqft, that's about $411 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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