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$1,549,000

34 Summer St, Somerville MA 02143
Somerville, MA 02143
Listed by Nathan Long
Bedrooms
8
Bathrooms
3
Living area
3,341 sqft
Year built
1900

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.

Highlights

Fireplace

Property details

MLS #
73561000
Property type
2 Family - 2 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
12
On market date
August 8, 2026
Stories
5
Garage spaces
N/A
Lot size
0.06 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Albert F. Argenziano School at Lincoln Park
0.25 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
544
Student:teacher ratio
12.4:1
District
Somerville
Middle
Next Wave Junior High
0.69 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
18
Student:teacher ratio
9.0:1
District
Somerville
High
Somerville High
0.31 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,304
Student:teacher ratio
11.0:1
District
Somerville

Mortgage calculator

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Est. monthly payment
$9,478/mo
$309,800 down
$1,239,200 loan
Principal & interest$8,037
Property tax (est.)$1,291
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 8 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.