aisellshomes.space

$1,899,000

Active

17 Dow St

Somerville, MA, 02144

Multi-Family · MLS #73550020

Price/sqft

$610

Days on market

8 days

Year built

1910

Lot size

0.08 ac

3,114 sq ft

Sq Ft

0.08 acres

Lot

1910

Year Built

1 car

Garage

Taxes: $17,368 (2026)

About this home

Fully rented multi-family residence with over $10k monthly rents in Teele Square area for immediate cashflow, in easy to rent 3/3/2 configuration. This attractive property is in great condition, representing a significant opportunity for buyers seeking a blend of classic architecture and modern functionality. The kitchen is thoughtfully appointed with stainless steel appliances, providing a contemporary and efficient space for culinary endeavors. The property encompasses three stories, providing a generous distribution of living areas, including eight bedrooms and three full bathrooms with lots of closet spaces. A detached garage offers convenient vehicle accommodation with the long driveway. Additionally, a private yard and a welcoming porch extend the living experience outdoors, while a full basement provides further utility with coin-op laundry machines. All three units are under market rents so there's room to improve NOI without renovation. Two gas boilers were replaced in 2024 and new hot water heater installed in 2026 so very little upgrade is needed. Unit 2 is available for Sept 1 so it works well for owner-occupied buyer to receive rental income while living in the building. Easy to show, can send full video plus photo prior to walkthru, to explore the exceptional potential of this distinguished multi-family property, we invite you to schedule a private viewing.

Location

17 Dow St, Somerville, MA, 02144

Property details

Road type
Paved
Basement
Full, Interior Access, Unfinished Basement, Exterior Access
Electric
110 Volts, Circuit Breakers, Individually Metered

Listed by Yuan Huang · NextGen Realty, Inc.

Schedule a showing

17 Dow St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$12,001 / month

Down payment20% · $379,800
Interest rate6.66%

Loan term

Principal & interest
$9,763
Property tax
$1,447
Home insurance
$791

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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