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Active

126 Summer St, Somerville MA 02143

$1,628,000

Estimated $3,792/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $542,666.67

Total Rent: 63900/year

Estimated CAP Rate:

7 Bedrooms

Baths

3688

Total Parking: 3

4,800 (0.11)

NEW PRICE & GIFT! For any full-price, acceptable offer, the seller will provide up to a $11,000 CREDIT to be applied toward one of the following: CLOSING COSTS, a RATE BUY-DOWN, or a REDUCTION OF THE PURCHASE PRICE. Exceptional opportunity to purchase one or both adjacent multifamily properties totaling 6 units in a prime Somerville location (see 130 Summer Street for details and pricing). Lovingly owned by the same family for generations, 126 Summer Street is a well-maintained three-family offering exceptional flexibility for investors, owner-occupants, developers, or multigenerational living. Highlights include three spacious units, a large driveway with off-street parking for 3 vehicles, inviting outdoor space with a front yard irrigation system, and an oversized gazebo updated in 2022. Recent improvements include upgraded electrical with a separate fire alarm meter and newer heating systems serving the first- and third-floor units. A rare opportunity in a great location!

This home has been viewed 16 times

Last Checked: July 11th, 2026 at 5:03am (Source: MLS PIN #73516983)

Gross Income: $63,900

Gross Expenses: $13,824

Net Income Calc: $50,076

Annual Expenses for 126 Summer St, Somerville MA 02143

Total Gross Expenses (Calculated)$13,824/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax13824

Annual Income & Unit Breakdown for 126 Summer St, Somerville MA 02143

Total Gross Income (Calculated)$63,900

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 126 Summer St, Somerville MA 02143

Listing ID73516983

Property TypeMulti Family / 3 Family

Price1628000 ($441.43/SqFt)

Style3 Family - 3 Units Up/down

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3688

Approximate Lot Size (Acres)0.11

Total Parking3

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRB

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 126 Summer St, Somerville MA 02143

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsDining Room Chandelier

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 126 Summer St, Somerville MA 02143

Real Estate Taxes13824

Tax Year2026

Assessed Value$1,259,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 126 Summer St, Somerville MA 02143

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 126 Summer St, Somerville MA 02143

Agent

Name: Melanie Lentini

Office

Name: Leading Edge Real Estate

Phone: 781-729-5505

Payment Calculator

, Interest

Property Taxes 1152

Principal & Interest 10031.22

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Leading Edge Real Estate

Melanie Lentini

Agent Phone

Office Phone

(781) 729-5505

Text Agent Call Agent Call Office

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    [unparsed] => 126 Summer St, Somerville MA 02143
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EXIT

29 More Photos

Active

126 Summer St, Somerville MA 02143

$1,628,000

Annual Expenses for 126 Summer St, Somerville MA 02143

Annual Income & Unit Breakdown for 126 Summer St, Somerville MA 02143

General Information for 126 Summer St, Somerville MA 02143

Disclosures for 126 Summer St, Somerville MA 02143

Financial Information for 126 Summer St, Somerville MA 02143

Location Information for 126 Summer St, Somerville MA 02143

Contact Information for 126 Summer St, Somerville MA 02143

Agent

Office

Payment Calculator

Exclusive Listing Agent

Leading Edge Real Estate

Melanie Lentini