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Two-Family Residential Income Property

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
171 Washington Street, Hanover, MA
Listed by Al Styles
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.

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 (±1% cap)
NOI $72,263 @ 7.0% cap · market cap 3.91%
Second Best
Apartment 5plus
$970.7K
$849.3K – $1.13M (±1% cap)
NOI $67,947 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M (±1% cap)
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

Suggested Use

Law Firm Nail Salon Food Market Parking Lot & Garage Grocery & Convenience Store Computer & Electronic Repair Accounting Firm Pharmacy Tech Support Center Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
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