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INVESTMENT SNAPSHOT
About this property
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
| Units | 6 |
| Living area | 3,621 sqft |
| Lot size | 2,797 sqft |
| Year built | 1900 |
| Price / sqft | $469 |
| County | Middlesex |
| MLS # | 73555712 |
Listing status
| Days on market | 4 days |
| Listed on | July 28, 2026 |
Taxes & financials
| Annual property tax | $16,335 |
| Tax year | 2026 |
| Assessed value | $1,487,700 |
| Zoning | NR |
| Gross income (actual) | $136,404/yr |
| Net operating income (actual) | $95,000/yr |
| Total actual rent | $0/mo |
Building & lot
| Stories | 2 |
| Total rooms | 16 |
| Lot size | 0.06 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Interior Entry, Unfinished |
| Foundation | Other |
| Roof | Tar/Gravel, Rubber |
| Construction | Frame |
| Flooring | Wood, Tile |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
Location
More about investing in Somerville →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 185-187 Lowell Street, Somerville MA 02144 have?
It is a 6-unit multi-family property with 3,621 sqft of living area, built in 1900.
How long has 185-187 Lowell Street, Somerville MA 02144 been on the market?
185-187 Lowell Street, Somerville MA 02144 has been listed for 4 days (since July 28, 2026).
What is the price per unit?
At a list price of $1,700,000 across 6 units, that works out to roughly $283,333 per unit.
What are the property taxes on 185-187 Lowell Street, Somerville MA 02144?
Annual property taxes are $16,335 (2026), on an assessed value of $1,487,700.
What is the price per square foot?
At $1,700,000 for 3,621 sqft, that's about $469 per square foot.
Where is this property located?
185-187 Lowell Street, Somerville MA 02144 is in Somerville, Middlesex County, MA 02144.
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