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About this property
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.
Property details
| Units | 2 |
| Living area | 3,341 sqft |
| Lot size | 2,614 sqft |
| Year built | 1900 |
| Price / sqft | $464 |
| County | Middlesex |
| MLS # | 73561000 |
Listing status
| Days on market | 0 days |
| Listed on | August 8, 2026 |
Taxes & financials
| Annual property tax | $12,269 |
| Tax year | 2026 |
| Assessed value | $1,117,400 |
| Zoning | 1040 |
| Gross income (actual) | $108,240/yr |
| Net operating income (actual) | $108,240/yr |
| Total actual rent | $9,020/mo |
Building & lot
| Stories | 5 |
| Total rooms | 16 |
| Lot size | 0.06 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Paved Drive, Off Street, Tandem |
| Basement | Full |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Stone |
| Flooring | Hardwood, Other |
Utilities & systems
| Heating | Baseboard, Natural Gas |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Gas Oven |
| Appliances | Range, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Dishwasher |
Location
More about investing in Somerville →
Listing courtesy of a MLS PIN member office. 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 34 Summer St, Somerville MA 02143 have?
It is a 2-unit multi-family property with 3,341 sqft of living area, built in 1900.
How long has 34 Summer St, Somerville MA 02143 been on the market?
34 Summer St, Somerville MA 02143 has been listed for 0 days (since August 8, 2026).
What is the price per unit?
At a list price of $1,549,000 across 2 units, that works out to roughly $774,500 per unit.
What are the property taxes on 34 Summer St, Somerville MA 02143?
Annual property taxes are $12,269 (2026), on an assessed value of $1,117,400.
What is the price per square foot?
At $1,549,000 for 3,341 sqft, that's about $464 per square foot.
Is there parking?
3 total parking spaces (paved drive, off street, tandem).
Where is this property located?
34 Summer St, Somerville MA 02143 is in Somerville, Middlesex County, MA 02143.
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