126 Summer St, Somerville, MA 02143
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$1,695,000
3 Unit
7 Beds
3 Baths
3688 SQFT
0.11 Acre

Property Description

Exceptional opportunity to purchase 1 or 2 adjacent multifamily properties totaling 6 units in a prime Somerville location!(See listing for 130 Summer St. for details). Family-owned for generations, these properties offer outstanding flexibility for investors, owner-occupants, developers, or multi-generational living. 126 Summer features three spacious units with numerous recent improvements. Updates include upgraded electrical with a separate meter for the fire alarm system, newer heating systems for the 1st and 3rd floor units, and an updated oversized gazebo in 2022. The property also offers a large driveway with side-by-side parking for up to 3 vehicles and front yard irrigation system along with inviting outdoor space rarely found in the city. Whether purchased individually or as part of a larger assemblage opportunity with the neighboring property, this is a rare chance to own one or two well-maintained multifamily assets with strong income potential. Offers due 5/19 by 11:00am.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Total Fireplaces: 4
  • Amenities: Public Transportation, Shopping
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub, Ceiling Fans, Tile Floor
  • Common Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Extra Flue, Forced Air, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Oil
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 63900
  • Net Operating Income: 63900

Utilities

  • Utility Connections: Washer Hookup, for Electric Dryer, for Electric Range, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73516983
  • Last Updated: 05/16/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/16/2026Active$1,695,000$460MLSPIN
05/12/2026New$1,695,000$460MLSPIN

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Seller's Representative: Melanie Lentini, Leading Edge Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-05-16 03:05:00

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