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.
| Units | 3 |
| Living area | 3,114 sqft |
| Lot size | 3,280 sqft |
| Year built | 1910 |
| Price / sqft | $610 |
| County | Middlesex |
| MLS # | 73550020 |
| Days on market | 57 days |
| Listed on | July 15, 2026 |
| Annual property tax | $17,368 |
| Tax year | 2026 |
| Assessed value | $1,581,800 |
| Zoning | NR |
| Gross income (actual) | $122,200/yr |
| Net operating income (actual) | $97,216/yr |
| Total actual rent | $6,600/mo |
| Electric expense | $480/yr |
| Insurance expense | $4,794/yr |
| Stories | 3 |
| Total rooms | 14 |
| Lot size | 0.08 acres |
| Garage spaces | 1 |
| Parking spaces | 4 |
| Parking | Off Street, Paved |
| Basement | Full, Interior Entry, Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Hardwood |
| Heating | Hot Water, Natural Gas, Baseboard |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator, Freezer |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 3-unit multi-family property with 3,114 sqft of living area, built in 1910.
17 Dow St, Somerville MA 02144 has been listed for 57 days (since July 15, 2026).
At a list price of $1,899,000 across 3 units, that works out to roughly $633,000 per unit.
Annual property taxes are $17,368 (2026), on an assessed value of $1,581,800.
At $1,899,000 for 3,114 sqft, that's about $610 per square foot.
1 garage space and 4 total parking spaces (off street, paved).
17 Dow St, Somerville MA 02144 is in Somerville, Middlesex County, MA 02144.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.