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$ 1,550,000
Est. payment /mo
Price Dropped by $150K
185-187 Lowell Street Somerville, MA 02144
6 Beds
6 Baths
3,621 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,621 sqft
Price per Sqft $428
MLS Listing ID 73555712
Bedrooms 6
Full Baths 6
Year Built 1900
Annual Tax Amount $16,335
Tax Year 2026
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type 5-9 Family
Property 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 over $138,000 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. All six units are currently rented with leases expiring 8/31/27.
Location
State MA
County Middlesex
Zoning NR
Direction Near corner of Highland Ave and Lowell Street
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Flooring Wood, Tile
Exterior
Fence Fenced/Enclosed
Utilities Available for Gas Range
Roof Type Tar/Gravel,Rubber
Garage No
Building
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Coldwell Banker Realty - Belmont