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185-187 Lowell Street
Somerville, MA 02144

$1,700,000

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Listing Details

  • $1,700,000
  • MLS# 73555712
  • Type Multi Unit - Multiple
  • Status Active
  • 6
    Bedrooms
  • 6 full
    Bathrooms
  • 3,621
    Square Feet
  • 0.064 acres
    Lot Size
  • 1900
    Year Built

Listed By

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

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


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.

Features

  • Wood
  • Tile
  • 2.0 Stories
  • $16,335 Taxes
  • Public
  • Built in 1900

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