17 Dow St, Somerville, MA 02144
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$1,950,000
3 Unit
8 Beds
3 Baths
3114 SQFT
0.08 Acre

Property Description

Fully rented multi-family residence in Teele Square area for immediate cashflow. 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. 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 basement provides further utility with coin-op laundry machines. All three units are under market rent so there's room to improve NOI without renovation. To explore the exceptional potential of this distinguished multi-family property, we invite you to schedule a private viewing.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Park, Public School, Public Transportation, Shopping, University
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Internet Available - Broadband, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Common Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Hot Water Radiators

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 122200
  • Gross Expenses: 24984
  • Electric Expenses: 480
  • Water/Sewer: 2336
  • INSC: 4794
  • Net Operating Income: 97216

Utilities

  • Heat Zones: 3
  • Electric Info: 110 Volts, Circuit Breakers, Individually Metered, On-Site, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73550020
  • Last Updated: 07/15/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/15/2026New$1,950,000$626MLSPIN
03/01/2024Sold$1,700,000$546MLSPIN
01/22/2024Under Agreement$1,699,000$546MLSPIN
01/06/2024Active$1,699,000$546MLSPIN
01/02/2024New$1,699,000$546MLSPIN

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Seller's Representative: Yuan Huang, NextGen Realty, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-07-15 11:30:00

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