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$1,700,000
Total Beds: 6 Total Baths: 6
Total Units: 6 SQFT: 3621
LOT size: 0.06 Acres
185-187 Lowell Street
Somerville, MA 02144
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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 $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.

Property Details

Building Information

  • Total Units: 6
  • Total Floors: 2
  • Total Bedrooms: 6
  • Total Full Baths: 6
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: Yes
  • Gross Operating Income: 136404
  • Gross Expenses: 41000
  • Net Operating Income: 95000

Utilities

  • Heat Zones: 6
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber, Tar & Gravel
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73555712
  • Last Updated: 07/28/26

Mortgage Calculator

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Map

Seller's Representative: Lori Orchanian, Coldwell Banker Realty - Belmont
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-07-28 14:20:00

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