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$2,000,000
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Property Description
Rare investment opportunity in one of Somerville's most high-demand neighborhoods, Prospect Hill! Don't miss an incredible opportunity to own this historic 5 family home located on a quiet street just minutes (.05 mi) from the Union Square train station. Upon entering the foyer of this home you will notice the original woodwork of the main staircase & built in bench. Units 1-4 , each with their own unique layout, are spacious and provide 1 bedroom, bath, living room & kitchen. Unit 5 occupies the entire 3rd floor providing 2 generous sized bedrooms, living room, kitchen & bath. Perfect for investors or owner-occupants seeking rental income.
Full Property Details
Full Property Details for 18 Summit Ave
General
- Sold For: $2,000,000
- Taxes: $17,721 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MLSPin
- MLS ID: 73401630
- Added to Site: 218 day(s) ago
Rental Information
- Rent Includes: Unit 1(Heat, Hot Water), Unit 2(Heat, Hot Water), Unit 3(Heat, Hot Water), Unit 4(Heat, Hot Water)
Interior
- Number of Rooms: 16
- Interior Features: Bathroom With Tub & Shower, Living Room, Kitchen
- Appliances: Range, Refrigerator
- Flooring: Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Main - Full Baths: 5
Bedrooms
- Total Bedrooms: 6
Exterior
- Color: Beige
Parking
- Parking Features: On Street
Location
- Area: Prospect Hill
- County: Middlesex
- Driving Directions: GPS
Heating & Cooling
- Cooling Type: None
- Heating Type: Steam
- Heating Fuel: Steam
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Interior Entry, Concrete, Unfinished
- Roof: Shingle
- Stories/Levels: 5
- Square Feet: 4,715
- Sq. Ft. Source: Measured
- Living Area: 4,715 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.14
- Lot Dimensions: .14
- Frontage: Public
- Lot Features: Other
Financial Considerations
- Price Per Sq. Ft.: $424.18
- Tax Amount: $17,721
- Tax Year: 2025
Disclosures and Reports
- Disclosures/Rstr.: Historic home. Leases for all units expire August 31st, all occupants will be vacating the property by then.
- Property ID: 757900
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Schools
Schools serving 18 Summit Ave
School District:Somerville School District
| Name | Grades | Distance |
|---|---|---|
Somerville High School 81 Highland Avenue, Somerville, MA 02143 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18 Summit Ave
Date
Details
Price
Change
Source
9/02/2025
Sold
$2,000,000
5.26%
MLS
7/09/2025
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
18 Summit Ave, Somerville, MA 02143 (MLS# 73401630) is a Multi-Family property that was sold at $2,000,000 on September 02, 2025. This property was listed by Jessica Mirabella from our Lexington/Winchester Regional Office.Want to learn more about 18 Summit Ave? Do you have questions about finding other Multi-Family real estate for sale in Somerville? You can browse all Somerville real estate or contact a Coldwell Banker agent to request more information.


