Seller's Agent in 2025
Jason Kulik
Horvath & Tremblay
(781) 776-4000
1 in this area
20 Total Sales
40 Summer St Bridgewater, MA 02324
11
Beds
13
Baths
8,167
Sq Ft
0.98
Acres
Highlights
- Golf Course Community
- Property is near public transit and schools
- Cooling Available
- Medical Services
- Jogging Path
- Park
About This Home
As of April 2025The Lofts @ Summer Street (40 Summer Street) consists of a four-story building with ten (10) residential units comprised of one (1), 2-Bedroom/2-Bathroom unit, two (2), 1-Bedroom/1.5 Bathroom units, and seven (7), 1-Bedroom/1-Bathroom units. The Property is situated on a 0.98-acre parcel of land with twenty-two (22) on-site parking spaces available for tenants and guests. A transformative gut renovation of the Property was completed in 2019 where the entirety of the buildings envelope, interiors, mechanicals, and fire system were updated. The building is separately metered for heat and electricity which the tenants pay directly. All units feature PTAC heating and air conditioning systems. The Landlord is responsible for common area heat and electric, hot water, and domestic water and sewer. The Lofts @ Summer Street offers the opportunity to acquire a well-located, fully leased, turn-key asset, that is poised for income growth.
Co-Listed By
Dennis Kelleher
Horvath & Tremblay
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,770
Year Built
- Built in 1938
Home Design
- 8,167 Sq Ft Home
- Shingle Roof
- Rubber Roof
Bedrooms and Bathrooms
- 11 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 22 Car Parking Spaces
- Off-Street Parking
Utilities
- Cooling Available
- Separate Meters
Additional Features
- 0.98 Acre Lot
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $18,495
- Rent includes unit 1(water hot water), unit 2(water hot water), unit 3(water hot water)
- Assessor Parcel Number 930537
Community Details
Overview
- 10 Units
- Near Conservation Area
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Golf Course Community
- Park
- Jogging Path
- Bike Trail
Building Details
- Operating Expense $77,312
- Net Operating Income $144,967
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | Sold | $2,352,000 | 0.0% | $288 / Sq Ft |
| 01/27/2025 01/27/25 | Pending | -- | -- | -- |
| 01/24/2025 01/24/25 | Off Market | $2,352,000 | -- | -- |
| 01/09/2025 01/09/25 | For Sale | $2,400,000 | 0.0% | $294 / Sq Ft |
| 10/26/2024 10/26/24 | Pending | -- | -- | -- |
| 10/10/2024 10/10/24 | For Sale | $2,400,000 | -- | $294 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $19,936 | $1,685,200 | $289,700 | $1,395,500 |
| 2024 | $19,770 | $1,628,500 | $276,000 | $1,352,500 |
| 2023 | $14,848 | $1,156,400 | $276,000 | $880,400 |
| 2022 | $14,790 | $1,032,800 | $257,900 | $774,900 |
| 2021 | $5,269 | $949,700 | $250,300 | $699,400 |
| 2020 | $8,137 | $552,400 | $245,300 | $307,100 |
| 2019 | $3,568 | $240,600 | $240,600 | $0 |
| 2018 | $4,396 | $350,600 | $234,100 | $116,500 |
| 2017 | $8,375 | $536,500 | $229,500 | $307,000 |
| 2016 | $8,604 | $553,700 | $224,500 | $329,200 |
| 2015 | $8,417 | $518,300 | $195,600 | $322,700 |
| 2014 | $8,279 | $509,500 | $195,600 | $313,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Kulik
-
D
Seller Co-Listing Agent in 2025
Dennis Kelleher
Horvath & Tremblay
-
Scott Fitzgerald
Buyer's Agent in 2025
Scott Fitzgerald
ESQ Realty Advisors LLC
(781) 987-1410
1 in this area
2 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73300707
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Nearby Homes
- 167 Spring St
- 130 Maple Ave
- 35 Leonard St Unit 3
- 180 Main St Unit D80
- 180 Main St Unit A15
- 180 Main St Unit B36
- 220 Bedford St Unit 32
- 51 Cottage St
- 302 Pleasant St
- 580 Broad St Unit 2
- 580 Broad St Unit 1
- 48 Wall St
- 121 South Dr
- 81 Arrowhead Dr
- 10 Mockingbird Hill
- 225 Whitman St
- Lot 2 Fontana Way
- 215 Whitman St
- 345 Laurel St
- 8 North St