220 Summer St, Somerville MA 02143

Somerville, MA 02143
$1,825,000
Est. $9,713/month
8
Beds
4
Baths
3,376
Sq Ft
$541
Price/Sq Ft
0.07
Acres
1886
Year Built
3 Family
Type
15
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73280900

About this home

Group showing: 1-2PM, Sun, 8/25/24. Opportunity knocks! Exceptional three-family residence situated within 1 mile to Porter Sq, David Sq, Union Sq and Magoun Sq, as well as Harvard U. and Lesley U. This newly renovated three-family property offers a compelling opportunity for investors seeking stable, long-term returns, or condo conversion, or a buyer looking for an owner-occupied three-family to live in while generating income to put towards your mortgage. The expansive first unit features three generously sized bedrooms and two full baths. Second unit comes with three bedrooms and a full bath. Third unit offers two bedrooms and one bathroom. Both unit 1 and 2 have a back porch. The spacious driveway can fit three cars. All units already renewed the leases: Unit#1/$3700 per month; Unit#2/$3300 per month; Unit#3/$2900 per month. High ceiling of the full size basement and all units provides perfect opportunity to developers. Pls come and check it out. Don’t miss out the opportunity

Sale Statistics

Sale Overview
Original List Price: $1,850,000
Final Sale Price: $1,825,000
Difference: $25,000 (-1.4%)
Performance Metrics
98.6%
List to Sale Ratio
Sold below asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $548
Sale $/sq ft: $541
This property sold for $541 per square foot
Sale Summary

This property sold for 1.4% below the original asking price.

With only 15 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1886
Bedrooms
8
Full Bathrooms
4
Living Area
3,376 sq ft
Total Rooms
12
Stories
3
Levels
3

Interior Features

Flooring
Tile, Vinyl, Hardwood
Heating
Forced Air, Natural Gas, Oil
Has Heating
Yes
Fireplace Features
Wood Burning
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
Interior Features
Stone/Granite/Solid Counters, Kitchen, Living RM/Dining RM Combo, Dining Room, Laundry Room
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Unfinished

Exterior & Structure

Construction Materials
Frame, Stone, Post & Beam
Roof
Shingle
Foundation
Stone
Exterior Features
Rain Gutters
Patio/Porch Features
Porch, Deck - Wood
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.07 acres
Lot Size
3,049 sq ft
Lot Size Area
0.0700
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street, Tandem, On Street, Paved

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts
Energy Efficient Features
Other (See Remarks)

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$12,409
Tax Year
2024
Tax Assessed Value
$1,165,200
Parcel Number
752889
Zoning
NR
Financial Data Source
Not Available

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Unit 2 and Unit 3 share one heating system. Rent for Unit 2 and Unit 3 include heat cost. All units already renewed leases. Unit 1 rent include $100 for parking. The number of bedrooms and bathrooms might not match the public record. Buyers and buyers' agents do due diligence and verify all inform.
Listing Terms
Other (See Remarks)

Location

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Neighborhood

220 Summer St, Somerville MA 02143

Somerville, MA 02143

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,034
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1.4%
Price Range
16
Total Days on Market

Property Timeline

Sold
Oct 16, 2024
$1,825,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Aug 22, 2024
$1,850,000
Original listing
Agent: Nathan Long Office: Coldwell Banker Realty - Cambridge

Price & Status History

Date Event Price Change
Aug 22, 2024 New Listing Added $1,850,000

Market Statistics

Days on Market
15 days
Price per Sq Ft
$541

Tax History

Year Taxes Assessment
2024 $12,409 $1,165,200

Financial Details

Annual Property Tax
$12,409
Tax Year 2024
Assessed Value
$1,165,200

Listing Information

Listing Agent Nathan Long
Listing Office Coldwell Banker Realty - Cambridge
Agent MLS ID CN249699
Office MLS ID AN6200

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