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185-187 Lowell Street, Somerville, MA 02144

$1,700,000
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New to the Market Active
BEDS6 BATHS6 full SQUARE FEET3,621 MLS#73555712
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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.

185-187 Lowell Street | MLS# 73555712

This multi-family property located at 185-187 Lowell Street, Somerville, MA 02144 is currently listed for sale with an asking price of $1,700,000. Search Somerville real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Interior Entry, Unfinished
Basement: Yes
Fenced: Yes
Lot Size: 0.06 Acres
Roof Type: Tar/Gravel, Rubber
Stories: 2.0
Taxes: $16,335
Year Built: 1900

Feature Descriptions

Building Area Total: 3621
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 1
Dwelling Type: 5-9 Family
Exterior: Frame
Fencing: Fenced/Enclosed
Flooring: Wood, Tile
Parking Total: 0
Patio And Porch: Porch
Rooms Total: 16
Sewer: Public Sewer
Units: 6
Utilities: for Gas Range
Water: Public

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty - Belmont
Agent Name: Lori Orchanian
Agency Phone: 617-484-5300

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Estimated Payment

$ 5,640.55 per month $3,783.46 Principal & Interest $1,361.25 Property Tax $495.83 Homeowner's Insurance

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