185-187 Lowell Street, Somerville MA 02144

Somerville, MA 02144
$1,700,000
Est. $10,157/month
6
Beds
6
Baths
3,621
Sq Ft
$469
Price/Sq Ft
0.06
Acres
1900
Year Built
3 hours 8 minutes
Time on Market
Active Listed Jul 28, 2026 • MLS# 73555712 Copied! • Updated Jul 28, 2026

About this home

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.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 28, 2026
$1,700,000
Original listing
Agent: Lori Orchanian Office: Coldwell Banker Realty - Belmont

Tax History

Year Taxes Assessment
2026 $16,335 $1,487,700

Financial Details

Annual Property Tax
$16,335
Tax Year 2026
Assessed Value
$1,487,700

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1900
Living Area 3,621 sq ft
Lot Size 0.06 acres
Bedrooms 6
Full Baths 6
Total Rooms 16

Investment Metrics

Units 6
Unit 1 Rent — · N
Unit 2 Rent — · Y
Gross Income $136,404
Net Operating Income $95,000
Operating Expenses $41,000
Cap Rate 5.59%
Heating None
Cooling None
Flooring Wood, Tile
Appliances None
Fireplace None
Basement Full, Interior Entry, Unfinished
Laundry None
Features None
Construction Frame
Architecture None
Roof Tar/gravel, Rubber
Features None
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch Porch
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $16,335
Assessed Value $1,487,700
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
6
Living Area
3,621 sq ft
Total Rooms
16
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring: Wood, Tile
Appliances:
Interior Features:
Windows:
Basement: Full, Interior Entry, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Tar/Gravel, Rubber
Foundation: Other
Stories: 2

Heating, Cooling & Utilities

Heating:
Heating Zones: 6
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing: Fenced/Enclosed
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
School District
Somerville School District local
B-
School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
3.0% below state avg
E

Elementary Schools

9 schools
St. Theresa of the Child Jesus School
0.2 mi
Grades PK-08
A
John F Kennedy School
0.4 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students Diverse
Grades PK-08
C+
Arthur D Healey School
0.8 mi | #236 of 352 | Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students Diverse
Rising School Diverse Student Body
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
0.9 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
C-
Winter Hill Community School
1.0 mi | #287 of 352 | Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students Diverse
Diverse Student Body
Grades PK-08
C+
East Somerville Community School
1.1 mi | #245 of 352 | Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students Diverse
Grades PK-08
A+
Benjamin G Brown School
0.6 mi | #78 of 824 | Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
1.1 mi
Grades PK-K
Capuano Early Childhood Center
1.2 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
M

Middle Schools

1 school
Next Wave Junior High School
0.7 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
0.7 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
0.7 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,361
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

185-187 Lowell Street, Somerville MA 02144

Somerville, MA 02144

Listing Information

Listing Agent Lori Orchanian
Listing Office Coldwell Banker Realty - Belmont
Office Phone 617-484-5300
Agent MLS ID BB802106
Office MLS ID AN6190
Listing Data Updated Jul 28, 2026 2:20 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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