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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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17 Dow St , Somerville, MA 02144
$1,899,000
Est. Payment: $4,220.00/mo
8 Bed
3 Bath
3114 Sqft
Status: Active | Days on site: 64
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House Description

Fantastic multi-family residence with owner occupied option 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 freshly painted and vacant 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.

Highlights

Listed by Yuan Huang , 617-818-3085 NextGen Realty, Inc. , 617-208-2100.

Property Type

Multi-Family

Lot/Acreage
0.08

Year Built

1910

County

Middlesex

Listing ID

73550020

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator, Freezer
Floor:Tile,Hardwood
Other:
  • Additional:Laundry Room, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Internet Available - Broadband, Cathedral/Vaulted Ceilings, Living Room, Dining Room, Kitchen
Water:Public

Exterior Features

Lot:Level
Garage Capacity:4
Zoning:NR
Roof:Shingle
Sewer:Public Sewer
Parking Features:Off Street,Paved,Parking Spaces: 4
Principal Interest
$4,220
Taxes
$1,447

Home Price

$1,899,000

Loan Details

30 yrs
%

Down Payment

20%
$379,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,220.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,220.00 $1,447.33 $0.00 $5,667.33
Yearly $50,640.00 $17,368.00 $0.00 $68,008.00
Total $1,519,200.00 $521,040.00 $0.00 $2,040,240.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Somerville, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.