36 Summer St.

Somerville, MA
$ 575,000 Beds 0 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

Across from Nunziato Field and steps to Union Square, this 1-story building with basement and tiny rear yard was used as a laundromat for several years. It is in NR zoning now. Buyer to perform due diligence to determine allowed uses under new zoning code adopted Dec. 2019. The current owners purchased it in April 2019 to relocate their retail business but have changed their plans. The property has been gutted and will be sold as is. Owners' architectural plans are available for review/reference. Excellent opportunity. Not suitable for conventional financing due to gut; explore construction/portfolio loans or cash options. Near restaurants, grocery stores, businesses, offices, parks, universities. Quick access to Boston and Cambridge by public transit, car, bike, or foot. Near several bus lines, including the CT2, 85, 86, 87, 88, and 91. Steps from long-awaited Union Sq. Green Line Extension subway stop (slated to open 2021). Close to Routes 93, 38, 28, 90, 16, and 2.

Commercial

  • Price
  • $ 575,000
  • Lot Size
  • 871 SqFt
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1910
  • Half Bathrooms
  • 0
  • City, Zip
  • Somerville
  • Taxes
  • 4168
  • County
  • MIDDLESEX
  • Style
  • Commercial
  • Area
  • Union Square
  • MLS#
  • 72639201
  • Zip
  • 02143
Listing Provided by: Thalia C. Tringo with Thalia Tringo & Associates Real Estate, Inc..

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Methuen, MA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/30/2020 Listed $650,000
4/29/2020 3% - $635,000
7/7/2020 2% - $625,000
9/26/2020 8% - $575,000

Property vs Zip Code Average in 02143

Price
AVG $730K
$580K
Taxes
AVG $22,293
$4,168
Visits
AVG 15
38
Year Built
AVG 1945
1910
Walkscore
AVG 93
97
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

36 Summer St. Somerville, MA is a Single Family Home for sale at $575000 and a lot size of 871 SqFt Acre(s). 36 Summer St. Somerville has 0 bedrooms, 0 baths and was built in 1910. The property's zip code is 02143 which is in Somerville, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.