Oversized Three-Family
130 Summer St Somerville, MA 02143
For Sale
$1,870,000
Three-family property with garage and driveway parking, plus recent exterior refinishing and select interior updates.
Property Size4,555 SF
Price / SF$410.54
Days on Market74
Property Features for 130 Summer St
General Information
- Standard status
- Active
- Size
- 4,555 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1900
Listing Agency:
eXp Realty LLC
(978) 578-5013
Listed By:
Chris Bernier
(978) 578-5013
Source:
Churchillprop
Added: May 12
Changed: Jul 23
Last Checked: Jul 23 at 2:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC
Investment Insights
Based on property information with market context.
130 Summer St in Somerville is an oversized three-family property offering spacious unit layouts. The home includes a 1-car garage and driveway parking, and features targeted interior updates with one unit receiving a renovated kitchen in 2022 and a renovated bathroom in 2025.
The exterior has been recently refinished, including new gutters and drain pipes, along with a Rhino Shield finish with a transferable warranty.
The offering also provides flexibility for buyers considering adjacent options, with an opportunity to purchase 1 or 2 nearby multifamily properties totaling 6 units (see listing for 126 Summer St for additional details).
The exterior has been recently refinished, including new gutters and drain pipes, along with a Rhino Shield finish with a transferable warranty.
The offering also provides flexibility for buyers considering adjacent options, with an opportunity to purchase 1 or 2 nearby multifamily properties totaling 6 units (see listing for 126 Summer St for additional details).
Key Highlights
- Three‑family property built in 1900 with an oversized layout, plus a 1‑car garage and driveway parking
- Select interior updates include a renovated kitchen (2022) and a bathroom renovation (2025)
- Exterior recently refinished, including new gutters and drain pipes and a Rhino Shield finish with transferable warranty
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $144.8k | $31.80 |
| − Vacancy | −$7.2k | −$1.57 |
| EGI | $137.7k | $30.23 |
| − OpEx | −$41.3k | −$9.07 |
| NOI | $96.4k | $21.16 |
4,555 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.38M
$1.20M – $1.61M
NOI $96,385 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.51M
NOI $90,629 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$2.70M
$2.36M – $3.15M
NOI $188,758 @ 7.0% cap · market cap 10.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Road To Calvary Prayer ...
Church
FAQs
What type of property is this?
Triplex - Three-family property with garage and driveway parking, plus recent exterior refinishing and select interior updates.
Where is this triplex located?
The property is located at 130 Summer St Somerville, MA.
What is the asking price?
The asking price for this property is $1,870,000.
What are key features of this property?
This property features: Three‑family property built in 1900 with an oversized layout, plus a 1‑car garage and driveway parking; Select interior updates include a renovated kitchen (2022) and a bathroom renovation (2025); Exterior recently refinished, including new gutters and drain pipes and a Rhino Shield finish with transferable warranty
