34 Summer St, Somerville MA 02143
Somerville, MA 02143 • Union Square
$1,549,000
Est. $9,055/month
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.
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Property History
Market Insights
66.8%
Price Range
2
Previous Sales
Property Timeline
Listed for Sale
Aug 8, 2026
$1,549,000
Original listing
Agent: Nathan Long
Office: Coldwell Banker Realty - Cambridge
Previous Transaction - MLS #72823005
Full transaction history available when tracking began
Previously Sold
Oct 12, 2021
$1,150,000
MLS #72823005
Previous Transaction - MLS #72051208
Full transaction history available when tracking began
Previously Sold
Aug 31, 2016
$515,000
MLS #72051208
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/08/2026 | 🏠 Listed for Sale | $1,549,000 | - | - | Original listing |
| 10/12/2021 | 🏷️ Previously Sold | $1,150,000 | - | - | MLS #72823005 |
| 08/31/2016 | 🏷️ Previously Sold | $515,000 | - | - | MLS #72051208 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $12,269 | $1,117,400 |
Financial Details
Annual Property Tax
$12,269
Tax Year 2026
Assessed Value
$1,117,400
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1900
Living Area
3,341 sq ft
Lot Size
0.06 acres
Bedrooms
8
Full Baths
3
Total Rooms
16
Investment Metrics
Units
2
Unit 1 Rent
$4,200/mo · Y
Unit 2 Rent
$4,820/mo · Y
Total Monthly Rent
$9,020/mo
Gross Income
$108,240
Net Operating Income
$108,240
Cap Rate
6.99%
Interior
Heating
Baseboard, Natural Gas
Cooling
Window Unit(s)
Flooring
Hardwood, Other
Appliances
Range, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Dishwasher
Fireplace
None
Fireplaces
1
Basement
Full
Laundry
None
Features
Bathroom With Tub, Living Room, Kitchen, Dining Room
Exterior
Construction
Stone
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Off Street, Tandem
Total Spaces
3
Utilities
Electric
110 Volts
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Gas Oven
Financial
Annual Tax
$12,269
Assessed Value
$1,117,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Public Records Show 8 Bedrooms And 3 Bathrooms. Living Area For 1st And 2nd Floors Are From Public Records; Attic And Finished Basement Area Are From Photographer Floor Plan. Buyer And Buyers Agent Do Their Own Due Diligence.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Other
Sq Ft Disclosures
Living area is an approximation. Buyer and buyers agent do their own due diligence.
Documents
None
County
Middlesex
Total market time (incl. prior listings)
97 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
8
Full Bathrooms
3
Living Area
3,341 sq ft
Total Rooms
16
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,577 sq ft above grade
764 sq ft below grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Hardwood, Other
Appliances:
Range, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Dishwasher
Interior Features:
Bathroom With Tub, Living Room, Kitchen, Dining Room
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Stone
Roof:
Shingle
Foundation:
Stone
Stories:
5
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Cooling:
Window Unit(s)
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
3
Parking Features:
Paved Drive, Off Street, Tandem
Special Features
Fireplaces:
1
Fireplace Type:
Community Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, University
Nearby Schools
School District
Somerville School District local
B-
School Safety
2024-25
2.5%
Average
1.4%
Suspensions
2.2%
In-School
1.1%
Emergency
3.0% below state avg
Elementary Schools
9 schools
B+
Albert F. Argenziano School at Lincoln Park
0.3 mi
|
#134 of 352
|
Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
St. Theresa of the Child Jesus School
0.6 mi
Grades PK-08
C+
East Somerville Community School
0.6 mi
|
#245 of 352
|
Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students
Diverse
Grades PK-08
C-
Winter Hill Community School
0.7 mi
|
#287 of 352
|
Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students
Diverse
Diverse Student Body
Grades PK-08
A
John F Kennedy School
1.0 mi
|
#50 of 352
|
Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students
Diverse
Grades PK-08
C+
Arthur D Healey School
1.0 mi
|
#236 of 352
|
Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
Capuano Early Childhood Center
0.6 mi
250 students
Very Diverse
Diverse Student Body
Grades PK-01
A+
Benjamin G Brown School
1.3 mi
|
#78 of 824
|
Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students
Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
1.8 mi
Grades PK-K
Middle Schools
1 school
Next Wave Junior High School
0.3 mi
16 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
2 schools
F
Full Circle High School
0.3 mi
|
#344 of 346
|
Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students
Diverse
Rising School
Career Tech Programs
College Ready Curriculum
Diverse Student Body
Grades 09-12
B+
Somerville High School
0.3 mi
|
#131 of 346
|
Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students
Diverse
17 sports
• 1,566 athletes
Rising School
Career Tech Programs
Strong Athletics
Diverse Student Body
Grades 09-12
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Location
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Neighborhood
Union Square
34 Summer St, Somerville MA 02143
Somerville, MA 02143
Listing Information
Listing Agent
Nathan Long
Listing Office
Coldwell Banker Realty - Cambridge
Office Phone
617-864-4430
Agent MLS ID
CN249699
Office MLS ID
AN6200
Listing Data Updated
Aug 8, 2026 8:29 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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