Active
59 Days on market
185-187 Lowell Street Somerville — Photo 1 of 34

185-187 Lowell Street Somerville — Photo 1 of 34

Recent Drop: $150,000

$1,700,000
$1,550,000

$1,550,000

185-187 Lowell Street, Somerville, MA 02144

Somerville, MA 02144

Beds

6

Baths

6

SqFt

3,621

Style

5-9 Family

Built

1900

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 over $138,000 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. All six units are currently rented with leases expiring 8/31/27.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$428/sqft
Local Avg (Somerville)$492/sqft
13% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Somerville, MA.

Property Details

Financials

Original Price$1,700,000
Annual Taxes$16,335

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms16
FireplacesNone
FlooringWood, Tile
BasementFull, Interior Entry, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofTar/Gravel, Rubber
FoundationOther
ZoningNR

Property & Lot

Acres0.06
SqFt Lot2,797
Lot Features--

Geography

Property History

Price Drop
$1,550,000

Was $1,700,000

Sep 20, 2026

MLS® 73555712

Listed
$1,700,000

Jul 28, 2026

MLS® 73555712

Population

25,448

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$150K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

63.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Full Somerville, MA market report ZIP 02144 market data
Listing Provided By

Listing Agent: Lori Orchanian

Listing Office: Coldwell Banker Realty - Belmont

MLS® Number: 73555712

Browse More Homes in Somerville

Explore other active listings in the area.