$1,025,000

345 Lowell St Somerville, MA 02143

$10,000
Closing credit¹
6 beds
3 full
1,961 sqft
0.08 acres
$523 / sqft
Multi-Family

Property details

About 345 Lowell St

Welcome to your new investment opportunity or perfect multi-generational living space! This 2-family home is ideally situated just outside of vibrant Magoun Square, offering incredibly easy transportation (Green Line is 0.2 miles away, close access to RT 93 & RT 28), eclectic dining options, and unmatched convenience. The first floor unit consists of 2 bedrooms, 1 bathroom, full kitchen, living room, and a spacious back porch. It has been owner occupied since the property was last sold in 2008. The second floor unit consists of 4 bedrooms, 1 bathroom, full kitchen, living room, a sweet deck, and has a strong rental history. Partially finished basement w/ full bathroom. The large paver driveway is a great bonus. Newer vinyl fencing. Separate entries and utilities for both units. Subject to seller finding suitable housing, a flexible closing is preferred. This home will be delivered free of tenants. Showings start by appointment on Sat. 3-5PM

Highlights

Home typeMulti Family
StatusAccepting Backup Offers
(Contingent)
Size1,961 sqft
BasementYes
Lot size0.08 Acres
Year built1900
ParkingPaved Drive, Off Street, On Street, Driveway, Stone/Gravel
MLS #73350281

Summary

  • MLS Number: 73350281
  • MLS Name: MLS Property Information Network
  • Office Name: Conway - Hanover
  • Office Phone: (781) 826-3131
  • Listing Agent: Guimares Group

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with a residential view and driveway

$1,025,000

345 Lowell St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 26, 2008
Home Sold
$370,000
Sep 27, 2002
Home Sold
$389,900

Tax history

YearAssessmentProperty Tax
2024$692,100$7,281
2023$687,100$7,105
2022$643,400$6,550
2021$610,700$6,223
2020$592,000$5,973
2019$498,700$5,366

History based on county public records data.

Nearby schools

4

Columbus Elementary School

Public District PK-5

0.4 mi

37 Hicks Ave

7

Benjamin G Brown

Public District KG-5

0.5 mi

201 Willow Ave

4

McGlynn Elementary School

Public District PK-5

1.0 mi

3002 Mystic Valley Pkwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $69,223. Most Somerville, MA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

19%
<35k
63%
35k-100k
13%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

59%
Single, No Kids
6%
Single, with Kids
22%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
4%
12-17 yrs old
37%
18-34 yrs old
41%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Hiking/backpackingHiking/backpacking
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • BMWBMW
  • AudiAudi
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 345 Lowell St in Somerville, MA and zip code 02145 in the Winter Hill / Magoun neighborhood. This 1,961 square foot home, which was built in 1900, sits on a 0.08 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $1,025,000.

In March 2025 more than 23 listings in Somerville, MA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 14 were sold below. In March 2025 in Somerville, MA there were 38.8% more homes for sale than in February. In March 2025 median list price was $1,105,400 and the average listing age was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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