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Matt Quinlan

matt@quinlanhomescrg.com +1(978) 827-8268

$1,549,000

Est. payment - /mo

8 Beds

3 Baths

3,341 SqFt

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Key Details

Property Type Multi-Family

Sub Type 2 Family - 2 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 3,341 sqft

Price per Sqft $463

MLS Listing ID 73561000

Bedrooms 8

Full Baths 3

Year Built 1900

Annual Tax Amount $12,269

Tax Year 2026

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type 2 Family - 2 Units Up/Down

Property Description

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.

Location

State MA

County Middlesex

Area Union Square

Zoning 1040

Direction 0.3 miles to Union SQ, 1.3 mile to Harvard University, 1.7 miles to MIT. 1 mile to Mcgrath Highway.

Rooms

Basement Full

Interior

Interior Features Bathroom With Tub, Living Room, Kitchen, Dining Room

Heating Baseboard, Natural Gas

Cooling Window Unit(s)

Flooring Hardwood, Other

Fireplaces Number 1

Appliance Range, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Dishwasher

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, University

Utilities Available for Gas Range, for Gas Oven

Roof Type Shingle

Total Parking Spaces 3

Garage No

Building

Lot Description Level

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Coldwell Banker Realty - Cambridge

NEARBY SCHOOL & BUSINESS

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Matt Quinlan

+1(978) 827-8268

Broker License ID: 9518707

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34 Summer St Somerville, MA 02143

Matt Quinlan

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION