Two-Family Residential Income
14 Dow St. Somerville, MA 02144
New
14 Dow St., Somerville, MA, 02144
$1,849,000
For Sale
$1,849,000
MULTI_FAMILY - Somerville, MA
Property Size3,415 SF
Lot Size0.09 Acres
Price / SF$541.43
Days on Market3
Property Features for 14 Dow St.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- NR
- Bedrooms
- 10
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 2, Bedroom 10, Bedroom 9, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 6, Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 8, Bedroom 5
- Parking
- 6
- Standard status
- Active
- APN
- 748121
- Size
- 3,415 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 17747
Building Details
- Year built
- 1910
- Floors in Building
- 4
- Number of units
- 2
Listing Agency
Keller Williams Realty Signature Properties
(781) 924-5766
171 Washington Street, Hanover, MA
Listed by
Al Styles
(781) 924-5766
Added: Jul 17 Checked: Jul 19 at 2:06 am
MLS# 73551744
Listing URL
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-family residential income property offers a total of 10 bedrooms and 3 full baths. Both units have new heat pumps for efficient central heating and A/C. The home also includes a full basement with additional storage and utility space, along with a spacious backyard and a detached 2-car garage.
Located in Somerville near Teele Square, the property is just minutes from local shops, restaurants, and cafes, and convenient to Tufts University. It also provides access to MBTA Green Line and Red Line service, plus public transportation and major commuter routes.
The configuration includes ample off-street parking and a detached garage, supporting flexible day-to-day access for tenants and visitors.
Located in Somerville near Teele Square, the property is just minutes from local shops, restaurants, and cafes, and convenient to Tufts University. It also provides access to MBTA Green Line and Red Line service, plus public transportation and major commuter routes.
The configuration includes ample off-street parking and a detached garage, supporting flexible day-to-day access for tenants and visitors.
Key Highlights
- Two‑family property built in 1910 with 10 bedrooms and 3 full bathrooms
- New heat pumps in both units providing central heat/AC
- Full basement with additional storage and utility space
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.6k | $31.80 |
| − Vacancy | −$5.4k | −$1.57 |
| EGI | $103.2k | $30.23 |
| − OpEx | −$31.0k | −$9.07 |
| NOI | $72.3k | $21.16 |
3,415 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family with 10 bedrooms, 3 full baths, and heat-pump heating and central A/C across both units.
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 bathrooms; New heat pumps in both units providing central heat/AC; Full basement with additional storage and utility space