34 Summer St
$1,549,000
8
Beds
3
Baths
3,341
Sqft
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$1,549,000
8
Beds
3
Baths
3,341
Living Area
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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.
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Highlights
- Area: Union Square
- Heating: Baseboard, Natural Gas
- Parking Spots: 3
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 16
- Status: Active
- Cooling: Window Unit(s)
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Appliances: Range, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Dishwasher
- Construction: Stone
- Flooring: Hardwood, Other
- Interior Features: Bathroom With Tub, Living Room, Kitchen, Dining Room
- Road Frontage Type: Public
- SqFt Source: Other
- Year Built Details: Approximate
- Zoning: 1040
- Basement: Full
- Fireplaces: 1
- Foundation: Stone
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street, Tandem
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Utilities
- Electric: 110 Volts
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,117,400
- Tax Year: 2026
- Total Rent: $9,020
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $12,269
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Content © 2026 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 - Cambridge.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.