185-187 Lowell St, Somerville, MA, 02144
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.
Getting Around
Walker's Paradise
Excellent Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Other
- Roof: Tar/Gravel,Rubber
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: 5-9 Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Interior Entry,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Features
- Flooring: Wood,Tile
- Finished area above ground: 3,621
Interior Area
- Total structure area: 3,621
- Total interior livable area: 3,621 sqft
Property
Details
- Zoning: NR
Features
- Patio & porch: Porch
- Fencing: Fenced/Enclosed
Lot
- Lot size: 2,797 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,596 | $103,152 |
| Home Insurance * | $232 | $2,784 |
| Property Taxes | $1,430 | $17,160 |
| Electricity | $714 | $8,568 |
| Total | $10,972 | $131,664 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Listed for sale | $1,700,000 |
| 2026-08-11 | Contingent | $1,700,000 |
| 2026-07-28 | Listed for sale | $1,700,000 |
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