18 Summit Ave
$1,900,000
6
Beds
5
Baths
4,715
Sqft
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$1,900,000
6
Beds
5
Baths
4,715
Living Area
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Property Description
Rare investment opportunity in one of Somerville’s most high-demand neighborhoods, Prospect Hill! Don't miss an incredible opportunity to own this historic 5 family home located on a quiet street just minutes (.05 mi) from the Union Square train station. Upon entering the foyer of this home you will notice the original woodwork of the main staircase & built in bench. Units 1-4 , each with their own unique layout, are spacious and provide 1 bedroom, bath, living room & kitchen. Unit 5 occupies the entire 3rd floor providing 2 generous sized bedrooms, living room, kitchen & bath. Perfect for investors or owner-occupants seeking rental income.
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Highlights
- Area: Prospect Hill
- Levels: 5
- Property Type: 5-9 Family
- Total Rooms: 16
- Status: Active
- Heating: Steam
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Brick/Mortar
- Lot Features: Other
- Roof: Shingle
- Total Number of Units: 5
- Year Built Source: Public Records
- Basement: Interior Entry, Concrete, Unfinished
- Flooring: Hardwood, Tile
- Interior Features: Bathroom With Tub & Shower, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Measured
- Year Built Details: Actual, Certified Historic
- Zoning: Ra
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Amenities
- Community Features: Public Transportation
- Parking Features: On Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,624,300
- Tax Year: 2025
- Total Rent: $9,005
- Rental Fee Includes: Unit 1(Heat, Hot Water), Unit 2(Heat, Hot Water), Unit 3(Heat, Hot Water), Unit 4(Heat, Hot Water)
- Taxes: $17,721
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Content © 2025 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Coldwell Banker Realty - Lexington.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.