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.
Pending
$1,549,000
34 Summer St, Somerville, MA 02143
8beds
3,341sqft
2 Family - 2 Units Up/Down
Built in 1900
-- sqft lot
$1,336,300 Zestimate®
$464/sqft
$-- HOA
What's special
Hardwood floorsThree tandem parking spacesRenovated kitchensTwo spacious sun-filled units
- 71 days
- 149
- 6
Zillow last checked:
Listing updated:
Listed by:
Nathan Long 617-821-5889,
Coldwell Banker Realty - Cambridge 617-864-4430
Source: MLS PIN,MLS#: 73561000
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Dishwasher
Features
- Bathroom With Tub, Living Room, Kitchen, Dining Room
- Flooring: Hardwood, Other
- Basement: Full
- Number of fireplaces: 1
Interior area
- Total structure area: 3,341
- Total interior livable area: 3,341 sqft
- Finished area above ground: 2,577
- Finished area below ground: 764
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive, Off Street, Tandem
- Uncovered spaces: 3
Lot
- Size: 2,614 Square Feet
- Features: Level
Details
- Parcel number: 756771
- Zoning: 1040
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Stone
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, University
Location
- Region: Somerville
Financial & listing details
- Price per square foot: $464/sqft
- Tax assessed value: $1,117,400
- Annual tax amount: $12,269
- Date on market: 8/8/2026
- Total actual rent: 9020
Estimated market value
$1,336,300
$1.23M - $1.47M
$2,609/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/11/2026 | Pending sale | $1,549,000$464/sqft |
Source: MLS PIN #73561000 Report a problem | ||
| 9/27/2026 | Contingent | $1,549,000$464/sqft |
Source: MLS PIN #73561000 Report a problem | ||
| 8/8/2026 | Listed for sale | $1,549,000-2.9%$464/sqft |
Source: MLS PIN #73561000 Report a problem | ||
| 7/1/2026 | Listing removed | $1,595,000$477/sqft |
Source: MLS PIN #73492731 Report a problem | ||
| 3/27/2026 | Listed for sale | $1,595,000+33%$477/sqft |
Source: MLS PIN #73492731 Report a problem | ||
| 6/16/2021 | Pending sale | $1,199,000$359/sqft |
Source: MLS PIN #72823005 Report a problem | ||
| 6/2/2021 | Contingent | $1,199,000$359/sqft |
Source: MLS PIN #72823005 Report a problem | ||
| 4/29/2021 | Listed for sale | $1,199,000+132.8%$359/sqft |
Source: MLS PIN #72823005 Report a problem | ||
| 8/29/2016 | Sold | $515,000+18.4%$154/sqft |
Source: Public Record Report a problem | ||
| 4/19/2011 | Sold | $435,000-3.3%$130/sqft |
Source: Public Record Report a problem | ||
| 4/15/2011 | Listed for sale | $450,000+100%$135/sqft |
Source: Imperium Realty, Inc. #71216524 Report a problem | ||
| 5/10/1990 | Sold | $225,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,785 +7.5% | $1,080,200 +3.6% |
| 2024 | $10,967 +2.8% | $1,042,500 +1% |
| 2023 | $10,669 +10.8% | $1,031,800 +9.1% |
| 2022 | $9,630 +6.6% | $946,000 +6.7% |
| 2021 | $9,031 +6.1% | $886,300 +5% |
| 2020 | $8,514 +4.4% | $843,800 +11.3% |
| 2019 | $8,157 +8.5% | $758,100 +14% |
| 2018 | $7,520 +4.3% | $664,900 +7.6% |
| 2017 | $7,213 -1.1% | $618,100 +6.2% |
| 2016 | $7,290 | $581,800 |
Find assessor info on the county website
Monthly payment
Est. payment






