17 Dow St

Somerville, MA 02144

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.

Listing courtesy of Yuan Huang of NextGen Realty, Inc.



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Last checked 2026-08-22 05:21 PM UTC