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Adam Dow

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

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185-187 Lowell St , Somerville, MA 02144
$1,700,000
Est. Payment: $3,777.78/mo
6 Bed
6 Bath
3621 Sqft
Status: Active | Days on site: 51
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AN6190 - BB802106
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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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Highlights

Listed by Lori Orchanian , 617-413-6770 Coldwell Banker Realty - Belmont , 617-484-5300.

Property Type

Multi-Family
Lot/Acreage
0.06

Year Built

1900

County

Middlesex

Listing ID

73555712

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:6
  • ▪ Full Bathrooms:6
Floor:Wood,Tile
Water:Public

Exterior Features

Garage Capacity:0
Zoning:NR
Roof:Tar/Gravel,Rubber
Sewer:Public Sewer
Principal Interest
$3,778
Taxes
$1,361

Home Price

$1,700,000

Loan Details

30 yrs
%

Down Payment

20%
$340,000
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:
$3,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,777.78 $1,361.25 $0.00 $5,139.03
Yearly $45,333.33 $16,335.00 $0.00 $61,668.33
Total $1,360,000.00 $490,050.00 $0.00 $1,850,050.00

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.