130 Summer St Somerville — Photo 1 of 40
Recent Drop: $58,000
$1,837,000
Investment Analysis — 130 Summer St
Somerville, MA 02143
Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 2 vacant units, a 3-unit multi-family in 02143 carries an estimated $9,830/mo in gross rent — about a 4.00% cap rate and $73,392/yr in estimated NOI at the $1,837,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
4
SqFt
4,555
Style
3 Family - 3 Units Up/Down
Built
1900
For any full-price, acceptable offer, the seller will provide up to a $16,000 CREDIT to be applied toward one of the following: CLOSING COSTS CREDIT, a RATE BUY-DOWN, or a REDUCTION OF THE SALES PRICE. Exceptional opportunity to purchase one or both adjacent multifamily properties totaling 6 units in a prime Somerville location (see 126 Summer Street for details & pricing). Lovingly owned by the same family for generations, 130 Summer Street is an oversized three-family offering exceptional flexibility for investors, owner-occupants, developers, or multigenerational living. Highlights include spacious units, a 1-car garage, yard space, off-street parking for 3, and an updated unit featuring a renovated kitchen (2022) and bathroom (2025). The exterior has been completely refinished with new gutters, drain pipes, and Rhino Shield coating with a transferable warranty for lasting value and peace of mind. A rare opportunity with strong rental income in a great location!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping
Geography
Property History
$1,837,000
Was $1,870,000
Jul 6, 2026
MLS® 73517002
$1,870,000
Was $1,895,000
Jun 2, 2026
MLS® 73517002
$1,895,000
May 12, 2026
MLS® 73517002
$289,900
Aug 15, 2011
MLS® 71265332
$289,900
Jul 22, 2011
MLS® 71265332
$299,900
May 31, 2011
MLS® 71075435
$299,900
May 4, 2010
MLS® 71075435
Listing Agent: Melanie Lentini
Listing Office: Leading Edge Real Estate
MLS® Number: 73517002
Related Insights
Somerville Housing Market: Condos Carry 8.3 Months
Somerville Single-Family Prices at $1,245,000
Somerville Tax Guide: Davis, Union & North Point
After the Grant Window: Massachusetts First-Time Buyers
Massachusetts Buyers Face a Supply Crunch, Not a Crash
