17 Dow St, Somerville MA 02144
Somerville, MA 02144
$1,950,000
$1,899,000
Est. $11,250/month
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About this home
Fully rented multi-family residence with over $10k monthly rents in Teele Square area for immediate cashflow, in easy to rent 3/3/2 configuration. This attractive property is in great condition, representing a significant opportunity for buyers seeking a blend of classic architecture and modern functionality. The kitchen is thoughtfully appointed with stainless steel appliances, providing a contemporary and efficient space for culinary endeavors. The property encompasses three stories, providing a generous distribution of living areas, including eight bedrooms and three full bathrooms with lots of closet spaces. A detached garage offers convenient vehicle accommodation with the long driveway. Additionally, a private yard and a welcoming porch extend the living experience outdoors, while a full basement provides further utility with coin-op laundry machines. All three units are under market rents so there's room to improve NOI without renovation. Two gas boilers were replaced in 2024 and new hot water heater installed in 2026 so very little upgrade is needed. Unit 2 is available for Sept 1 so it works well for owner-occupied buyer to receive rental income while living in the building. Easy to show, can send full video plus photo prior to walkthru, to explore the exceptional potential of this distinguished multi-family property, we invite you to schedule a private viewing.
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Property History
Market Insights
1
Price Changes
2.6%
Price Range
Property Timeline
Price Reduced
Aug 19, 2026
$1,899,000
$51,000
(-2.62%)
From $1,950,000 to $1,899,000 (-2.6%)
Listed for Sale
Jul 15, 2026
$1,950,000
Original listing
Agent: Yuan Huang
Office: NextGen Realty, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/19/2026 | ↓ Price Reduced | $1,899,000 | $51,000 | - | From $1,950,000 to $1,899,000 (-2.6%) |
| 07/15/2026 | 🏠 Listed for Sale | $1,950,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $17,368 | $1,581,800 |
Financial Details
Annual Property Tax
$17,368
Tax Year 2026
Assessed Value
$1,581,800
Facts & Features
1 Car Garage
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1910
Living Area
3,114 sq ft
Lot Size
0.08 acres
Stories
3
Bedrooms
8
Full Baths
3
Total Rooms
14
Investment Metrics
Units
3
Unit 1 Rent
$3,500/mo · Y
Unit 2 Rent
$3,500/mo · Y
Unit 3 Rent
$3,100/mo · Y
Total Monthly Rent
$10,100/mo
Gross Income
$122,200
Net Operating Income
$97,216
Operating Expenses
$24,984
Water/Sewer Expense
$2,336
Electric Expense
$480
Insurance Expense
$4,794
Cap Rate
5.12%
Interior
Heating
Hot Water, Natural Gas, Baseboard
Cooling
None
Flooring
Tile, Hardwood
Appliances
Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator, Freezer
Fireplace
None
Basement
Full, Interior Entry, Unfinished
Laundry
None
Features
Laundry Room, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Internet Available - Broadband, Cathedral/vaulted Ceilings, Living Room, Dining Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck - Wood
Parking
Garage Spaces
1
Has Garage
Yes
Features
Off Street, Paved
Total Spaces
4
Utilities
Electric
110 Volts, Circuit Breakers, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$17,368
Assessed Value
$1,581,800
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
39 days
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1910
Bedrooms
8
Full Bathrooms
3
Living Area
3,114 sq ft
Total Rooms
14
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,114 sq ft above grade
Display Options
Outdoor Areas
Patio & porchDeck - Wood
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Hardwood
Appliances:
Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator, Freezer
Interior Features:
Laundry Room, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Internet Available - Broadband, Cathedral/Vaulted Ceilings, Living Room, Dining Room, Kitchen
Windows:
Basement:
Full, Interior Entry, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1910
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Hot Water, Natural Gas, Baseboard
Heating Zones:
3
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Deck - Wood
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Paved
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
4
Parking Features:
Off Street, Paved
Nearby Schools
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
Elementary Schools
9 schools
A
John F Kennedy School
1.3 mi
|
#50 of 352
|
Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students
Diverse
Grades PK-08
St. Theresa of the Child Jesus School
1.6 mi
Grades PK-08
C+
Arthur D Healey School
1.8 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
2.4 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
2.4 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
2.5 mi
|
#245 of 352
|
Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students
Diverse
Grades PK-08
Tufts Educational Day Care Center
0.5 mi
Grades PK-K
A+
Benjamin G Brown School
0.9 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
Capuano Early Childhood Center
2.7 mi
250 students
Very Diverse
Diverse Student Body
Grades PK-01
Middle Schools
1 school
Next Wave Junior High School
2.1 mi
16 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
2 schools
F
Full Circle High School
2.1 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
2.1 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
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Property Tax
$1,447
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
17 Dow St, Somerville MA 02144
Somerville, MA 02144
Listing Information
Listing Agent
Yuan Huang
Listing Office
NextGen Realty, Inc.
Office Phone
617-208-2100
Agent MLS ID
CN225652
Office MLS ID
BB9279
Listing Data Updated
Aug 23, 2026 4:05 AM 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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