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Off market
  • $2,562,700

    127-129 Summer St, Somerville, MA 02143

    8beds
    4,598sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $2,562,700 Zestimate®
    $557/sqft
    $5,132 Estimated rent

    Home value

    $2,562,700

    $2.26M - $2.92M

    $5,132/mo

    Zestimate® history
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    Owner options

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    $5,132/mo

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    $5,132/mo

    Rent Zestimate®

    Refinance and save

    $16,030/mo

    Est. payment

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    $16,030/mo

    Est. payment

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    What's special

    Rare offering ! Very well maintained and upgraded 6 Family in Union Square, one of the fastest growing neighborhoods around. Turn key investment with Annual Gross Income of $140k and cap rate of 5% at existing rents with substantial value add opportunity. Many system upgrades including mostly newer kitchens w/granite counter tops & newer baths. New High Efficiency Gas Heating system and updated electrical. The property is conveniently located just a few blocks from bustling Union Square which will soon be home to the new Green Line Extension. The neighborhood boasts many great shops, cafes and restaurants. The Union Square Redevelopment has steadily added to the upward trajectory Union Square has been experiencing and is poised to add 2.4 million sq ft of office, retail & lab space. Fabulous location close to Harvard, Cambridge & Boston. Super opportunity for savvy investor or seller coming out of a 1031. Great Property, Fabulous Location ! Offers due Tue Sept 15th 4pm

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 8
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 4,598 sqft

    Property

    Lot
    • Size: 4,791 sqft
    Details
    • Parcel number: M:51 B:F L:33

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Somerville

    Other

    Other facts
    • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House Of Worship, Marina, Private School, Public School, T-Station, University, Tennis Court, Walk/Jog Trails, Swimming Pool
    • Basement Feature: Full, Walk Out
    • Construction: Frame
    • Foundation: Fieldstone
    • Hea Dscrp 1: Gas
    • Hea Dscrp 2: Gas
    • Hot Water: Natural Gas
    • Rms Dscrp 1: Living Room, Dining Room, Kitchen, Sunroom
    • Rms Dscrp 2: Living Room, Kitchen
    • Road Type: Public
    • Roof Material: Asphalt/Fiberglass Shingles
    • Beachfront Flag: Yes
    • Apod Available: Yes
    • Exterior Features: Porch, Deck, City View(s)
    • Hea Dscrp 4: Gas
    • Ife Dscrp 1: Crown Molding, Stone/Granite/Solid Counters, Hardwood Floors, Upgraded Countertops, Open Floor Plan, Upgraded Cabinets
    • Lot Description: Level
    • Rms Dscrp 3: Living Room, Kitchen
    • Rms Dscrp 4: Living Room, Kitchen, Sunroom
    • Beach Miles To: 1 To 2 Mile
    • Flooring: Hardwood
    • Ife Dscrp 2: Hardwood Floors, Stone/Granite/Solid Counters, Upgraded Cabinets, Crown Molding, Open Floor Plan
    • Electric Feature: 200 Amps
    • Ife Dscrp 3: Hardwood Floors, Open Floor Plan, Upgraded Cabinets, Crown Molding, Stone/Granite/Solid Counters
    • Ife Dscrp 4: Hardwood Floors, Upgraded Cabinets, Crown Molding, Stone/Granite/Solid Counters, Open Floor Plan
    • Mf Type: 5-9 Family
    • Rms Common: Laundry
    • Exterior: Aluminum
    • App Dscrp 1: Dishwasher - Energy Star, Refrigerator - Energy Star, Range - Energy Star, Cooktop - Energy Star, Oven - Energy Star, Rangetop - Energy Star
    • App Dscrp 2: Refrigerator - Energy Star, Dishwasher - Energy Star, Range - Energy Star, Rangetop - Energy Star, Oven - Energy Star, Cooktop - Energy Star
    • App Dscrp 3: Refrigerator - Energy Star, Dishwasher - Energy Star, Range - Energy Star, Cooktop - Energy Star, Oven - Energy Star
    • App Dscrp 4: Refrigerator - Energy Star, Dryer - Energy Star, Dishwasher - Energy Star, Range - Energy Star, Cooktop - Energy Star, Oven - Energy Star
    • App Common: Dryer - Energy Star, Washer - Energy Star
    • CONTINGENCY_TYPE: Attorney Review

    Price history

    DateEventPrice
    10/17/2020Listing removed$2,200,000$478/sqft
    Source: Mass Realty Properties #72720938 Report a problem
    9/16/2020Pending sale$2,200,000$478/sqft
    Source: Mass Realty Properties #72720938 Report a problem
    9/4/2020Listed for sale$2,200,000$478/sqft
    Source: Mass Realty Properties #72720938 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Union Square

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Somerville High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,562,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,562,700