Rare opportunity to acquire TWO adjacent multifamily properties totaling 6 units in a prime Somerville location. Lovingly family-owned for generations, 126 & 130 Summer Street offer exceptional flexibility for investors, developers, owner-occupants, or multi-generational living. Together, these well-maintained properties feature spacious units, strong rental potential, ample driveway parking, a 1-car garage, inviting outdoor space, and numerous recent improvements throughout. Updates include renovated units, upgraded electrical service with separate fire alarm meter, newer heating systems, irrigation system, updated oversized gazebo, and a recently completed Rhino Shield exterior with new gutters and transferable warranty. The combined footprint presents a rare assemblage opportunity with long-term upside potential in one of Somerville’s most desirable and rapidly growing neighborhoods. See MLS listings for 126 Summer & 130 Summer for additional details.
This home has been viewed 16 times
Last Checked: June 7th, 2026 at 6:08am (Source: MLS PIN #73517041)
Gross Income: $0
Gross Expenses: $30,082
Net Income Calc: $30,082
Annual Expenses for 126-130 Summer Street, Somerville MA 02143
Total Gross Expenses (Calculated)$30,082/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax30082
Annual Income & Unit Breakdown for 126-130 Summer Street, Somerville MA 02143
Total Gross Income (Calculated)$0
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
Bathrooms
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 126-130 Summer Street, Somerville MA 02143
Listing ID73517041
Property TypeMulti Family / 5+ Family
Price3540000 ($429.46/SqFt)
Style5-9 Family
CitySomerville
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total8243
Approximate Lot Size (Acres)0.2
Total Parking8 (1 Garage)
Garage Parking1
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 126-130 Summer Street, 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 126-130 Summer Street, Somerville MA 02143
Real Estate Taxes30082
Tax Year2026
Assessed Value$2,739,700
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 126-130 Summer Street, Somerville MA 02143
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 126-130 Summer Street, Somerville MA 02143