1 / 37Active
$1,849,000
10 bd · 3 ba · 3,415 sqft · Multi-Family
14 Dow St.
Somerville, MA 02144
Listing courtesy of Matthew Langlois, Keller Williams Realty Signature Properties · MLS PIN #73551744
1 / 39
ActiveListed 6 days ago
$2,288,000
205 College Ave, Somerville, MA 02144
- 11
- beds
- 5
- baths
- 3,280
- sqft
- Lot sizeThe land that comes with the home, as reported to the MLS.
- 3,600 sqft
- Year builtThe year the building was originally built, as reported by the listing agent.
- 1900
- On the marketDays since the home was listed. New listings tend to move fastest.
- 6 days ago
- Property type
- 3 Family
- Price per sqftList price divided by interior living area — handy for comparing homes of different sizes.
- $698
- ParkingSpaces that come with the home, as reported to the MLS.
- 3 spaces
- Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
- $20,262
What’s Special
- Balcony/Deck
Exceptional Three-Family Investment Opportunity Directly Across from Tufts University!Ideally situated on highly desirable College Avenue, this well-maintained three-family property offers 11 bedrooms, 5 bathrooms, and an outstanding opportunity to acquire an established income-producing investment property in one of Somerville’s most sought-after rental locations.Currently generating $167,100 in annual rental income for 2026–2027, with contracted income increasing to $170,700 for 2027–2028, the property is leased through May 2028, providing immediate cash flow and income stability, with leases extending through May 2028. With two units renewed at existing rental rates, there is additional potential for future rental growth.Proudly owned and maintained by the same owner for over 32 years, this property has enjoyed a longstanding history of consistent occupancy and dependable rental income. The features include updated kitchens and bathrooms, beautiful hardwood floors, inviting front and rear porches, basement laundry facilities, generous storage space, and off-street tandem parking for at least three vehicles. New windows — 2023 and New Chimney liners.An additional investment advantage is the property's separately metered utilities. Each apartment has separate gas, electric, and water meters, along with individual heating and hot water systems. Tenants pay their own gas and electricity, while water usage is billed by the owner based on individual unit meter readings. This arrangement helps minimize owner-paid operating expenses.The location is truly exceptional—directly across from Tufts University and just a short distance from the Medford/Tufts Green Line station and the Joyce Cummings Center. Nearby university athletic and recreational facilities, vibrant Davis Square, Red Line connections, and convenient access to I-93 and downtown Boston further enhance the property's appeal.An outstanding opportunity to acquire a well-maintained, established investment property combining a premier university location, strong rental history, contracted rental income, and potential for future growth.
Listing courtesy of Rajendra Sunuwar, Keller Williams Realty · MLS PIN #73589869
Facts & Features
- Status
- Active
- Active status flag
- Active
- Bedrooms
- 11
- Bathrooms
- 5 full
- Living area
- 3,280 sqft
Interior
9- Upgraded Cabinets
- Upgraded Countertops
- Bathroom With Tub
- Bathroom With Tub & Shower
- Smart Thermostat
- Remodeled
- Internet Available - DSL
- Living Room
- Kitchen
Exterior
2- Balcony/Deck
- Rain Gutters
Parking
4- Paved Drive
- Off Street
- Tandem
- Paved
Laundry
1- Gas Dryer Hookup
Heating
6- Central
- Baseboard
- Steam
- Natural Gas
- Individual
- Unit Control
Cooling
1- Window Unit(s)
Appliances
4- Range
- Dishwasher
- Disposal
- Refrigerator
MLS PIN #73589869 · Listed October 13, 2026
Location
205 College Ave, Somerville · All Somerville homes
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
$2,288,000
205 College Ave
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
