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Active

126 Summer St, Somerville MA 02143

$1,670,000

Estimated $3,860/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $556,666.67

Total Rent: 63900/year

Estimated CAP Rate:

7 Bedrooms

Baths

3688

Total Parking: 3

4,800 (0.11)

Exceptional opportunity to purchase 1 or 2 adjacent multifamily properties totaling 6 units in a prime Somerville location!(See listing for 130 Summer St. for details). Family-owned for generations, these properties offer outstanding flexibility for investors, owner-occupants, developers, or multi-generational living. 126 Summer features three spacious units with numerous recent improvements. Updates include upgraded electrical with a separate meter for the fire alarm system, newer heating systems for the 1st and 3rd floor units, and an updated oversized gazebo in 2022. The property also offers a large driveway with side-by-side parking for up to 3 vehicles and front yard irrigation system along with inviting outdoor space rarely found in the city. Whether purchased individually or as part of a larger assemblage opportunity with the neighboring property, this is a rare chance to own one or two well-maintained multifamily assets with strong income potential.

This home has been viewed 11 times

Last Checked: June 7th, 2026 at 6:08am (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

Price1670000 ($452.82/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

ExclusionsWasher/Dryer

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 10290.01

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

$1,670,000

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