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126 Summer St, Somerville MA 02143

Somerville, MA 02143
$1,695,000
$1,628,000
Est. $9,584/month
7
Beds
3
Baths
3,688
Sq Ft
$441
Price/Sq Ft
0.11
Acres
1900
Year Built
3
Parking
59
Days on Market
Active Price Drop -$67,000 Open House Listed May 12, 2026 • MLS# 73516983 Copied! • Updated Jul 10, 2026

Open House Schedule

12
Jul
Sunday, July 12
11:30 AM - 1:00 PM EDT

About this home

NEW PRICE & GIFT! For any full-price, acceptable offer, the seller will provide up to a $11,000 CREDIT to be applied toward one of the following: CLOSING COSTS, a RATE BUY-DOWN, or a REDUCTION OF THE PURCHASE PRICE. Exceptional opportunity to purchase one or both adjacent multifamily properties totaling 6 units in a prime Somerville location (see 130 Summer Street for details and pricing). Lovingly owned by the same family for generations, 126 Summer Street is a well-maintained three-family offering exceptional flexibility for investors, owner-occupants, developers, or multigenerational living. Highlights include three spacious units, a large driveway with off-street parking for 3 vehicles, inviting outdoor space with a front yard irrigation system, and an oversized gazebo updated in 2022. Recent improvements include upgraded electrical with a separate fire alarm meter and newer heating systems serving the first- and third-floor units. A rare opportunity in a great location!

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
4%
Price Range

Property Timeline

Price Reduced
Jul 6, 2026
$1,628,000 $42,000 (-2.51%)
From $1,670,000 to $1,628,000 (-2.5%)
Price Reduced
Jun 2, 2026
$1,670,000 $25,000 (-1.47%)
From $1,695,000 to $1,670,000 (-1.5%)
🏠
Listed for Sale
May 12, 2026
$1,695,000
Original listing
Agent: Melanie Lentini Office: Leading Edge Real Estate

Tax History

Year Taxes Assessment
2026 $13,824 $1,259,000

Financial Details

Annual Property Tax
$13,824
Tax Year 2026
Assessed Value
$1,259,000

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1900
Living Area 3,688 sq ft
Lot Size 0.11 acres
Bedrooms 7
Full Baths 3
Total Rooms 15

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent $2,975/mo · N
Unit 3 Rent $2,350/mo
Total Monthly Rent $5,325/mo
Gross Income $63,900
Net Operating Income $63,900
Cap Rate 3.93%
Heating Baseboard, Natural Gas, Forced Air
Cooling None
Flooring Wood, Tile, Hardwood
Appliances Range, Refrigerator, Washer, Dryer, Dishwasher, Microwave
Fireplace None
Fireplaces 4
Basement Full, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features Ceiling Fan(s), Bathroom With Tub, Living Room, Dining Room, Kitchen, Laundry Room
Construction Frame
Architecture None
Roof Shingle
Features Sprinkler System
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck, Patio
Features Paved Drive, Off Street
Total Spaces 3
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $13,824
Assessed Value $1,259,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Units To Be Delivered Vacant. See Paperclip For Inclusion/exclusion And Sellers Statement
Exclusions See Inclusion/Exclusion For Details.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures All measurement are approximate and for marking purposes only. One unit is owner occupied.
Documents None
County Middlesex
Total market time (incl. prior listings) 59 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
7
Full Bathrooms
3
Living Area
3,688 sq ft
Total Rooms
15
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile, Hardwood
Appliances: Range, Refrigerator, Washer, Dryer, Dishwasher, Microwave
Interior Features: Ceiling Fan(s), Bathroom With Tub, Living Room, Dining Room, Kitchen, Laundry Room
Windows:
Basement: Full, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Forced Air
Cooling: None
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Sprinkler System
Patio & Porch: Porch, Deck, Patio
Fencing:
Other Structures:
Lot Features: Corner Lot, Other
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street

Special Features

Fireplaces: 4
Fireplace Type:
Community Amenities: Public Transportation, Shopping
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
E

Elementary Schools

9 schools
St. Theresa of the Child Jesus School
0.3 mi
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
0.5 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
A
John F Kennedy School
0.7 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+
East Somerville Community School
0.8 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
0.8 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
C+
Arthur D Healey School
0.9 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
0.9 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
A+
Benjamin G Brown School
1.0 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
1.5 mi
Grades PK-K
M

Middle Schools

1 school
Next Wave Junior High School
0.4 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
0.4 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
0.4 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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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,152
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

126 Summer St, Somerville MA 02143

Somerville, MA 02143

Listing Information

Listing Agent Melanie Lentini
Listing Office Leading Edge Real Estate
Office Phone 781-729-5505
Agent MLS ID B9500513
Office MLS ID AN4643
Listing Data Updated Jul 10, 2026 3:05 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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