34 Summer St, Somerville, MA 02143

$1,549,000
8
BD
3
BA
3,341
SqFt

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List Price
$1,549,000
Status
ACTIVE
MLS#
73561000
Bedrooms
8
Bathrooms
3
Full Baths
3
Living Area
3,341
Lot Size (Acres)
0.06
Year Built
1900

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.

Additional Information

Area
Union Square
Taxes
$12,269
Interior Features
Bathroom With Tub, Living Room, Kitchen, Dining Room
Parking Description
Paved Drive, Off Street, Tandem
Lot Description
Level
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Nathan Long from Listing Office: Coldwell Banker Realty - Cambridge.

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