$1,695,000 ($459.60 per sqft)

Est. Mortgage $8,349/mo *

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126 Summer St, Somerville, MA, 02143

126 Summer St, Somerville, MA, 02143
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15 rooms

7 beds

3 Full baths

1900

3,688 sqft

Exceptional opportunity to purchase 1 or 2 adjacent multifamily properties totaling 6 units in a prime Somerville location!(See listing for 130 Summer St. for details). Family-owned for generations, these properties offer outstanding flexibility for investors, owner-occupants, developers, or multi-generational living. 126 Summer features three spacious units with numerous recent improvements. Updates include upgraded electrical with a separate meter for the fire alarm system, newer heating systems for the 1st and 3rd floor units, and an updated oversized gazebo in 2022. The property also offers a large driveway with side-by-side parking for up to 3 vehicles and front yard irrigation system along with inviting outdoor space rarely found in the city. Whether purchased individually or as part of a larger assemblage opportunity with the neighboring property, this is a rare chance to own one or two well-maintained multifamily assets with strong income potential. Offers due 5/19 by 11:00am.

Status:

Active

Type:

Multi-family

Laundry Remarks:

Electric Dryer Hookup, Washer Hookup

Units:

3

Zoning:

RB

Heating:

Baseboard, Natural Gas, Forced Air

Cooling:

None

Basement:

Full, Unfinished

Levels:

3

Parking:

3-car, Paved Drive, Off Street

Acreage:

0.11

Est. Taxes:

$13,824

Assessment

$1,259,000

Construction

Frame

Utilities

for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup

Lot Description:

Corner Lot, Other

Amenities:

Public Transportation, Shopping

Appliances:

Range, Refrigerator, Washer, Dryer, Dishwasher, Microwave

MLS #:

73516983

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Melanie Lentini, Leading Edge Real Estate 781-729-5505