aisellshomes.space

$1,700,000

Active

185-187 Lowell Street

Somerville, MA, 02144

Multi-Family · MLS #73555712

Price/sqft

$469

Days on market

8 days

Year built

1900

Lot size

0.06 ac

3,621 sq ft

Sq Ft

0.06 acres

Lot

1900

Year Built

Taxes: $16,335 (2026)

About this home

Legal six family apartment building in desirable location just 2/10 mile near new Green Line T stop at Magoun station and 9/10 mile to Porter Square Red Line T Station. This property is a great investment opportunity with annual rents totaling $136,000 per year. Five units are one bedroom apartments and one unit is a studio apartment. All with gas cooking and gas heat. There are coin operated laundry machines in basement and a good size yard. Five of the six units are currently rented with leases expiring 8/31/27 and we are keeping one unit empty to facilitate showings.

Location

185-187 Lowell Street, Somerville, MA, 02144

Property details

Road type
Public
Basement
Full, Interior Access, Unfinished Basement

Listed by Lori Orchanian · Coldwell Banker Realty - Belmont

Schedule a showing

185-187 Lowell Street

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$10,809 / month

Down payment20% · $340,000
Interest rate6.66%

Loan term

Principal & interest
$8,740
Property tax
$1,361
Home insurance
$708

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

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