$849,900
OPEN FRI 4PM - 5:30PM

318 Summer St Bridgewater, MA 02324

Estimated payment $5,377/month

Total Views 190
8 Beds
3 Baths
3,120 Sq Ft
$272 Price per Sq Ft

Highlights

  • Property is near public transit
  • Corner Lot
  • Shops
  • Wood Flooring
  • Park
  • Coin Laundry

About This Home

Discover this meticulously maintained multi-family property in the heart of Bridgewater, perfect for investors or owner-occupants. This gem features two spacious units, each boasting 3 bedrooms and 1 bathroom with in-unit laundry, spacious kitchens, and walk-in pantries. The 3rd floor offers additional potential with 2 bedrooms and 1 bathroom currently not utilized, presenting an excellent opportunity for expansion, or added rental income. Located just steps from Bridgewater State University and the MBTA station, this property is situated for students and commuters alike. With a strong rental history and meticulous maintenance, 318 Summer St is a fantastic investment opportunity in a sought-after area. This truly is an ideal multi-family investment. Don’t miss your chance to own a piece of Bridgewater real estate!

Listing Agent

Charles King

Real Broker MA, LLC

Real Broker MA, LLC

Co-Listing Agent

Robert Cormier

Real Broker MA, LLC

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,440

Year Built

  • Built in 1900

Lot Details

  • 9,300 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,120 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 8 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 2 Heating Zones
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number M:049 L:066,931576

Community Details

Overview

  • 2 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $55,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,440

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Levels: 6
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: OpenHouse
  • Stories: 6

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Washer, Dryer
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Above Grade Finished Sq Ft: 3120
  • Living Area: 3120
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN4866
  • LIST PRICE PER Sq Ft: 272.4
  • PRICE PER Sq Ft: 272.4

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Electric: 220 Volts
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Laundromat, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:049 L:066,931576
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9300
  • Lot Size Units: Acres
  • PAGE: 237
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7440
  • Tax Book Number: 48260

Multi Family

  • Gross Income: 55800
  • Net Operating Income: 55800
  • Number Of Units Total: 2
  • Total Actual Rent: 4650
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,440 $628,900 $181,600 $447,300
2024 $7,226 $595,200 $172,900 $422,300
2023 $7,120 $554,500 $161,600 $392,900
2022 $6,977 $487,200 $141,800 $345,400
2021 $6,513 $449,800 $126,600 $323,200
2020 $6,374 $432,700 $121,700 $311,000
2019 $5,853 $394,700 $121,700 $273,000
2018 $5,598 $368,500 $118,200 $250,300
2017 $5,335 $341,800 $118,200 $223,600
2016 $5,055 $325,300 $115,900 $209,400
2015 $5,041 $310,400 $112,500 $197,900
2014 $4,899 $301,500 $109,200 $192,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $849,900 -- $272 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed $330,500 --
Foreclosure Deed $331,256 --
Deed $400,000 --
Deed $218,000 --
Deed $156,000 --
Deed $164,000 --
Deed $147,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $291,000 New Conventional
Closed $331,000 No Value Available
Closed $330,500 Purchase Money Mortgage
Source: Public Records

Similar Home in Bridgewater, MA

  • 116 Center St, Bridgewater, MA 02324

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    • 7 Beds
    • 2 Baths
    • 2,208 Sq Ft
    • 116 Center St
    • Bridgewater, MA

    Large 7 bedroom 2 family dwelling located on a half acre lot. Spacious lot. One mile from Bridgewater Center. Plenty of parking. Town water and sewer. Natural gas.Updated and remodeled in 2011. First floor tenant maintains yard. Delead certificate for second floor.

    Tony Vacca Tony Vacca

    Section Image

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73380129

MLS Property Information Network (MLS PIN)

APN: BRID-000049-000000-000066