Fully rented multi-family residence in Teele Square area for immediate cashflow. 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. 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 basement provides further utility with coin-op laundry machines. All three units are under market rent so there's room to improve NOI without renovation. To explore the exceptional potential of this distinguished multi-family property, we invite you to schedule a private viewing.
This home has been viewed 27 times
Last Checked: July 20th, 2026 at 6:43am (Source: MLS PIN #73550020)
Gross Income: $121,200
Gross Expenses: $24,978
Net Income Calc: $96,222
Annual Expenses for 17 Dow St, Somerville MA 02144
Total Gross Expenses (Calculated)$24,978/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax17368
Annual Income & Unit Breakdown for 17 Dow St, Somerville MA 02144
Total Gross Income (Calculated)$121,200
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 17 Dow St, Somerville MA 02144
Listing ID73550020
Property TypeMulti Family / 3 Family
Price1950000 ($626.2/SqFt)
Style3 Family - 3 Units Up/down
CitySomerville
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3114
Approximate Lot Size (Acres)0.08
Total Parking5 (1 Garage)
Garage Parking1
Year Built1910
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningNR
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 17 Dow St, Somerville MA 02144
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTv In Family Room. Kitchen Island Bar Stools And Table Set Excluded But Sellers Will Entertain Set.
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 17 Dow St, Somerville MA 02144
Real Estate Taxes17368
Tax Year2026
Assessed Value$1,581,800
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 17 Dow St, Somerville MA 02144
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 17 Dow St, Somerville MA 02144