Active
35 Days on market
34 Summer St Somerville — Photo 1 of 37

34 Summer St Somerville — Photo 1 of 37

$1,549,000

34 Summer St, Somerville, MA 02143

Somerville, MA 02143 — Union Square

Beds

8

Baths

3

SqFt

3,341

Style

2 Family - 2 Units Up/Down

Built

1900

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.

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$464/sqft
Local Avg (Somerville)$500/sqft
7% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Somerville, MA.

Property Details

Financials

Original Price$1,549,000
Annual Taxes$12,269

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms16
Fireplaces1
FlooringHardwood, Other
BasementFull

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionStone
RoofShingle
FoundationStone
Zoning1040

Property & Lot

Acres0.06
SqFt Lot2,614
Lot FeaturesLevel

Amenities & Appliances

Range • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Dishwasher

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Property History

Listed
$1,549,000

Aug 8, 2026

MLS® 73561000

Expired
$1,595,000

Jun 30, 2026

MLS® 73492731

Listed
$1,595,000

Mar 26, 2026

MLS® 73492731

Population

25,513

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$131K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

69.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Nathan Long

Listing Office: Coldwell Banker Realty - Cambridge

MLS® Number: 73561000

Browse More Homes in Somerville

Explore other active listings in the area.