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185-187 Lowell Street, Somerville MA 02144

Active

185-187 Lowell Street, Somerville MA 02144

$1,700,000

Estimated $4,118/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $283,333.33

Total Rent: 0/year

Estimated CAP Rate:

6 Bedrooms

Baths

3621

Total Parking: 0

2,797 (0.06)

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.

This home has been viewed 2 times

Last Checked: July 28th, 2026 at 7:58pm (Source: MLS PIN #73555712)

Gross Income: $0

Gross Expenses: $16,335

Net Income Calc: $16,335

Annual Expenses for 185-187 Lowell Street, Somerville MA 02144

Total Gross Expenses (Calculated)$16,335/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax16335

Annual Income & Unit Breakdown for 185-187 Lowell Street, Somerville MA 02144

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 185-187 Lowell Street, Somerville MA 02144

Listing ID73555712

Property TypeMulti Family / 5+ Family

Price1700000 ($469.48/SqFt)

Style5-9 Family

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3621

Approximate Lot Size (Acres)0.06

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningNR

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 185-187 Lowell Street, Somerville MA 02144

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsElectric Fireplace

Financial Data Source

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 185-187 Lowell Street, Somerville MA 02144

Real Estate Taxes16335

Tax Year2026

Assessed Value$1,487,700

Financial Data Source

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 185-187 Lowell Street, Somerville MA 02144

Neighborhood(s)

Area Amenities

Contact Information for 185-187 Lowell Street, Somerville MA 02144

Agent

Name: Lori Orchanian

Office

Name: Coldwell Banker Realty - Belmont

Phone: 617-484-5300

Payment Calculator

, Interest

Property Taxes 1361.25

Principal & Interest 10474.86

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Belmont

Lori Orchanian

Agent Phone

Office Phone

(617) 484-5300

Text Agent Call Agent Call Office

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    [description] => 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.
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    [unparsed] => 185-187 Lowell Street, Somerville MA 02144
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EXIT

31 More Photos

Active

185-187 Lowell Street, Somerville MA 02144

$1,700,000

Annual Expenses for 185-187 Lowell Street, Somerville MA 02144

Annual Income & Unit Breakdown for 185-187 Lowell Street, Somerville MA 02144

General Information for 185-187 Lowell Street, Somerville MA 02144

Disclosures for 185-187 Lowell Street, Somerville MA 02144

Financial Information for 185-187 Lowell Street, Somerville MA 02144

Location Information for 185-187 Lowell Street, Somerville MA 02144

Contact Information for 185-187 Lowell Street, Somerville MA 02144

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Belmont

Lori Orchanian