Two-Family Residential Income
For Sale
$1,849,000
14 Dow St., Somerville, MA 02144
Two-unit property with 10 bedrooms, 3 full baths, full basement, and detached 2-car garage.
Property Size3,415 SF
Days on Market98
Property Features for 14 Dow St.
General Information
Standard status
Active
Size
3,415 SF
Property subtype
Multi Family
Additional Details
Business Included
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$17,747
Building Details
Building Size
3,415 SF
Year Built
1910
Tenancy
Multi
Listing Agency:
Keller Williams Realty Signature Properties
Listed By:
Matthew Langlois
(617) 466-6141
Source:
Bostonluxurysuburbs
Added: Jul 17
Changed: Oct 16
Last Checked: Oct 21 at 3:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Signature Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-family residential income property offers a combined layout of 10 bedrooms and 3 full bathrooms. Each unit is supported by new heat pumps, providing high-efficiency central heat/AC. The home also includes a full basement with additional storage and utility space, plus a spacious backyard and a detached 2-car garage. Off-street parking is also available.
Located just minutes from the shops, restaurants, and cafes of Teele Square, the property is also close to Tufts University. Convenient access to the MBTA Green Line and Red Line, along with public transportation and major commuter routes, supports everyday mobility for tenants and owners.
The configuration provides two separate units within a single building, with outdoor space, dedicated storage areas in the basement, and parking through the detached garage and off-street spaces.
Located just minutes from the shops, restaurants, and cafes of Teele Square, the property is also close to Tufts University. Convenient access to the MBTA Green Line and Red Line, along with public transportation and major commuter routes, supports everyday mobility for tenants and owners.
The configuration provides two separate units within a single building, with outdoor space, dedicated storage areas in the basement, and parking through the detached garage and off-street spaces.
Key Highlights
- Two‑family property built in 1910 with 10 bedrooms and 3 full baths
- New heat pumps in both units providing central heat/AC
- Full basement with additional storage and utility space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,263
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,445,260
$1.4M
Cap Rate 7%
$1,032,329
$1.0M
Cap Rate 9%
$802,922
$802.9K
Market Conditions
NOI Build-Up for 3,415 SF
Gross rent
$108.6K $31.80/SF
− Vacancy
−$5.4K −$1.57/SF
EGI
$103.2K $30.23/SF
− OpEx
−$31.0K −$9.07/SF
NOI
$72.3K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,445,260
Cap Rate 7%
$1,032,329
Cap Rate 9%
$802,922
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$903.3K – $1.20M
NOI $72,263 @ 7.0% cap · market cap 3.91%
Second Best
Apartment 5plus
$970.7K
$849.3K – $1.13M
NOI $67,947 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,517 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,366
Businesses Nearby
Explore this area
Business Placement
Demographics for 02144, MA
25,497
Population
11,881
Households
2.1
Avg Household Size
31
Median Age
75%
College-Educated
96%
High-School Grad
1.1 sq mi
ZIP Area
23,179
Density / Sq Mi
$140,591
Median Household Income
$74,639
Median Earnings
$2,654
Median Rent
$987,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with 10 bedrooms, 3 full baths, full basement, and detached 2-car garage.
Where is this duplex located?
The property is located at 14 Dow St. Somerville, MA.
What is the asking price?
The asking price for this property is $1,849,000.
What are key features of this property?
This property features: Two‑family property built in 1910 with 10 bedrooms and 3 full baths; New heat pumps in both units providing central heat/AC; Full basement with additional storage and utility space
