Off Market
317 Nesmith St, Lowell, MA
Lowell · MA 01852
- $995,000
- Price
- 7
- Beds
- 6
- Baths
- 3131
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1920
Units:
5 Units
Lot size:
2,613 Sq.Ft Lot
Price per square foot:
$318 / Sq.Ft
Parking:
No Parking
About this home
Very well maintained building with stabilized rents and performing at a true 8% cap rate with room to improve. This turn-key investment property is bringing in over $112,000 in annual gross rents and is ready for the its next owner. Located in the Belvidere neighborhood of Lowell, this building is convenient to parks, public transit, highways and downtown Lowell. Featuring 4 - 1 bedroom / 1 bathroom units and 1 - 3 bedroom / 2 bathroom unit. All units have a nice, open, layout and have been updated with stone counter tops, luxury vinyl plank flooring, clean kitchens and bathrooms, and fresh paint. This building has an on-site coin operated washer / dryer for additional income, a high efficiency gas boiler, an indirect hot water tank, no onsite parking to worry about and a small, easy to maintain, backyard. Don't miss out on the best income producing multi family investment property on the market in Lowell today!
Neighborhood & Transit
Belvidere
317 Nesmith St, Lowell · MA 01852
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 238 days
- Listing Price:
- $995,000
- Price per Sq.Ft:
- $318
- Tax Assessment:
- $735,500 in 2026
- Taxes:
- $696 / Monthly
Home Facts
Interior Features
- Bedrooms
- 7
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 3,131 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3131
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 2,613 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Nick Cowden
- Listing office
- Compass
- MLS PIN #
- 73484860
- Disclosure
- Listing agent is related to seller. See current rent roll and up to date expenses attached. Recent utility bills etc. can be provided upon request with serious interest.
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