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126-130 Summer Street, Somerville, MA 02143

$3,540,000
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Active
BEDS13 BATHS7 full SQUARE FEET8,243 MLS#73517041
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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 Somervilles most desirable and rapidly growing neighborhoods. See MLS listings for 126 Summer & 130 Summer for additional details.

126-130 Summer Street | MLS# 73517041

This multi-family property located at 126-130 Summer Street, Somerville, MA 02143 is currently listed for sale with an asking price of $3,540,000. Search Somerville real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Fireplaces: 4
Garage: 1
Lot Size: 0.20 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $30,082
Year Built: 1900

Feature Descriptions

Building Area Total: 8243
Community Features: Public Transportation, Shopping
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 28
Dwelling Type: 5-9 Family
Exclusions: See Paperclip For Information.
Exterior: Frame
Fireplace Y/N: Yes
Flooring: Wood, Tile, Vinyl
GarageY/N: Yes
Laundry: Electric Dryer Hookup, Washer Hookup
Lot Features: Corner Lot
Open Parking Y/N: Yes
Parking Features: Paved Drive, Off Street
Parking Total: 7
Patio And Porch: Porch, Deck, Patio
Rooms Total: 33
Sewer: Public Sewer
Units: 6
Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
Water: Public

Listed By / Shown By

Listed By

Agency Name: Leading Edge Real Estate
Agent Name: Melanie Lentini
Agency Phone: 781-729-5505

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Estimated Payment

$ 11,417.84 per month $7,878.51 Principal & Interest $2,506.83 Property Tax $1,032.50 Homeowner's Insurance

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