
23 Summit Ave Somerville — Photo 1 of 7
$1,399,000
Somerville, MA 02143
Beds
6
Baths
3
SqFt
3,691
Style
Multi Family
Built
1907
Location. Location. Location. A rare opportunity to acquire a true diamond in the rough on one of Somerville's most desirable tree-lined streets, just steps from vibrant Union Square. This property is all about the location and the potential. Whether you're looking to restore the existing two-family, create a stunning single-family residence, or explore redevelopment opportunities for a multi-family project, the possibilities are exceptional.The existing 1907 structure is in need of significant renovation and is being sold as-is, making it an ideal opportunity for developers, builders, investors, or ambitious owner-occupants looking to create substantial value. Set on a 5,230± SF lot, the property currently offers approximately 3,691 SF of living area configured as a two-family residence with 13 rooms, 6 bedrooms, and 3.5 bathrooms.Enjoy one of Somerville's premier locations with easy access to Union Square's acclaimed restaurants, cafés, shops, MBTA Green Line, Cambridge, Assembly Row, and downtown Boston. Opportunities to transform a property in this neighborhood are increasingly rare. Bring your architect, your contractor, and your vision to unlock the full potential of this exceptional address.
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Somerville, MA.
25,513
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$131K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
69.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Oleg Elisev
Listing Office: Greenville Real Estate Group, Inc.
MLS® Number: 73557653
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