The Lofts @ Summer Street (40 Summer Street) consists of a four-story building with ten (10) residential units comprised of one (1), 2-Bedroom/2-Bathroom unit, two (2), 1-Bedroom/1.5 Bathroom units, and seven (7), 1-Bedroom/1-Bathroom units. The Property is situated on a 0.98-acre parcel of land with twenty-two (22) on-site parking spaces available for tenants and guests. A transformative gut renovation of the Property was completed in 2019 where the entirety of the buildings envelope, interiors, mechanicals, and fire system were updated. The building is separately metered for heat and electricity which the tenants pay directly. All units feature PTAC heating and air conditioning systems. The Landlord is responsible for common area heat and electric, hot water, and domestic water and sewer. The Lofts @ Summer Street offers the opportunity to acquire a well-located, fully leased, turn-key asset, that is poised for income growth.
Sold for $2,352,000
$2,352,000
40 Summer St, Bridgewater, MA 02324
11beds
8,167sqft
5+ Family - 5+ Units Up/Down
Built in 1938
-- sqft lot
$-- Zestimate®
$288/sqft
$978 Estimated rent
Home value
Not available
Estimated sales range
Not available
$978/mo
Zestimate® history
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On-site parking spaces
Zillow last checked:
Listing updated:
Listed by:
Jason Kulik 781-776-4016,
Horvath & Tremblay 781-776-4000,
Dennis Kelleher 781-776-4002
Bought with:
Scott J. Fitzgerald
ESQ Realty Advisors LLC
Source: MLS PIN,MLS#: 73300707
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 13
- Full bathrooms: 11
- 1/2 bathrooms: 2
Cooling
- Other
Appliances
- Included: Washer, Dryer
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 8,167
- Total interior livable area: 8,167 sqft
- Finished area above ground: 8,167
Property
Parking
- Total spaces: 22
- Parking features: Off Street
- Uncovered spaces: 22
Lot
- Size: 0.98 Acres
- Features: Other
Details
- Parcel number: 930537
- Zoning: CBD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Other
- Roof: Shingle,Rubber
Condition
- Year built: 1938
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University
Location
- Region: Bridgewater
Financial & listing details
- Price per square foot: $288/sqft
- Tax assessed value: $1,628,500
- Annual tax amount: $19,770
- Date on market: 12/24/2025
- Total actual rent: 18495
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2025 | Sold | $2,352,000-2%$288/sqft |
Source: MLS PIN #73300707 Report a problem | ||
| 10/10/2024 | Listed for sale | $2,400,000$294/sqft |
Source: MLS PIN #73300707 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,936 +0.8% | $1,685,200 +3.5% |
| 2024 | $19,770 +33.1% | $1,628,500 +40.8% |
| 2023 | $14,848 +0.4% | $1,156,400 +12% |
| 2022 | $14,790 +7.5% | $1,032,800 +8.8% |
| 2021 | $13,752 +69% | $949,700 +71.9% |
| 2020 | $8,137 +128.1% | $552,400 +129.6% |
| 2019 | $3,568 -33% | $240,600 -31.4% |
| 2018 | $5,326 -36.4% | $350,600 -34.7% |
| 2017 | $8,375 -2.7% | $536,500 -3.1% |
| 2016 | $8,604 +2.2% | $553,700 +6.8% |
| 2015 | $8,417 +1.7% | $518,300 +1.7% |
| 2014 | $8,279 -27% | $509,500 -28.9% |
| 2013 | $11,344 +7.8% | $716,600 +2.9% |
| 2012 | $10,527 +7.2% | $696,700 +2.3% |
| 2011 | $9,820 +13.7% | $681,000 -2.9% |
| 2010 | $8,635 | $701,500 |
Find assessor info on the county website
Neighborhood: 02324
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Nearby schools
GreatSchools rating
- 4/10Williams Intermediate SchoolGrades: 3-5Distance: 0.5 mi
- 5/10Bridgewater Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Bridgewater-Raynham RegionalGrades: 9-12Distance: 1.1 mi
- Massachusetts
- Plymouth County
- Bridgewater
- 02324
- 40 Summer St
