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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
    $3,787 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,787/mo

    Zestimate® history
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    What's special

    On-site parking spaces
    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.

    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 & neighborhood

    Community
    • 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

    HOA & financial

    Other financial information
    • Total actual rent: 18495

    Price history

    DateEventPrice
    4/8/2025Sold$2,352,000-2%$288/sqft
    Source: MLS PIN #73300707 Report a problem
    10/10/2024Listed for sale$2,400,000$294/sqft
    Source: MLS PIN #73300707 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Nearby schools

    GreatSchools rating