35
See all 35 photos
$1,049,000
Est. payment /mo
7 Beds
6 Baths
3,131 SqFt
New
317 Nesmith Lowell, MA 01852
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Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,131 sqft
Price per Sqft $335
MLS Listing ID 73362935
Bedrooms 7
Full Baths 6
Year Built 1920
Annual Tax Amount $6,768
Tax Year 2025
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type 5-9 Family
Property Description
Very well maintained building with stabilized rents and performing near an 8% cap rate. This turn-key investment property 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, updated electrical, no onsite parking to worry about and a small, easy to maintain, backyard. Don't miss out on the best multi family investment property on the market in Lowell today!
Location
State MA
County Middlesex
Zoning TMF
Direction Andover St. to Nesmith St.
Rooms
Basement Partial
Exterior
Community Features Sidewalks
Garage No
Building
Lot Description Gentle Sloping, Sloped
Story 9
Foundation Block, Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Compass
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