34 Summer St, Somerville, MA, 02143
16 rooms
8 beds
3 Full baths
1900
3,341 sqft
Prime Turnkey Two-Family on Summer St, steps From Bow Market and Union Square. Impeccably maintained and perfectly positioned, this property offers two spacious units with modern updates, and solid rental history. Both units offer an abundance of natural light, with hardwood floors, and renovated kitchens. Unit 1 (first floor + lower level) is currently used as a 3 bed/2 bath with 1128 sqft on the main level and 764 sqft on the lower level. Unit 2 (second and third floors) is currently used as a 5 bed/1 bath with 1110 sqft on the second floor and 339 sqft on the third. Strong rental income: $9,020/month (Unit 1: $4,200 | Unit 2: $4,820). Three tandem parking spaces for use by Unit 1 tenants. Whether you’re seeking a turnkey investment with an attractive cashflow, or envision living in one unit while renting the other, this property offers different possibilities for a discerning investor in Somerville’s vibrant Union Square.
Status:
Active
Type:
Multi-family
Units:
2
Zoning:
1040
Heating:
Baseboard, Natural Gas
Cooling:
Window Unit(s)
Basement:
Full
Levels:
5
Parking:
3-car, Paved Drive, Off Street, Tandem
Acreage:
0.06
Est. Taxes:
$12,269
Assessment
$1,117,400
Construction
Stone
Utilities
for Gas Range, for Gas Oven
Lot Description:
Level
Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, University
Appliances:
Range, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Dishwasher
MLS #:
73492731
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Nathan Long, Coldwell Banker Realty - Cambridge 617-864-4430