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Back to search Home Countries Unknown Lowell 317 Nesmith St, Lowell, MA, 01852
CAD1,049,000
317 Nesmith St, Lowell, MA, 01852
317 Nesmith St, Lowell, MA, 01852
7 beds 6 baths multi family

About this home

Multi Family in Lowell, MA - Bedrooms: 7 - Bathrooms: 6 - Area: 3131 sqft - Year Built: 1920 - Lot: 2613 sqft

Listing Agent: Nick Cowden Brokerage: Compass

Very well maintained building with stabilized rents and performing at a 7.6% 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, 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!

Property facts

Property type
multi family
Bedrooms
7
Bathrooms
6
Days on market
103 days

Features & amenities

Features & finishes
Bedrooms: 7, Total Rooms: 18, Basement Features: Partial, Total Bathrooms: 6, Full Bathrooms: 6, Laundry Room, Lot Description: Sloped, Lot Size Acres: 0.0599862, Lot Size Square Feet: 2613, Gross Income: 112200, Number of Units: 5, Community Features: Public Transportation, Shopping, Highway Access, Annual Tax Amount: 8348, City Region: Belvidere, Source Listing Status: Active, County: Middlesex, Directions: Use GPS, Tax Year: 2026, Source Property Type: Residential Income, Home Warranty: No, Area: Belvidere, Source Neighborhood: Belvidere, Parcel Number: 3194892, Zoning: TMF, Property Subtype: 5-9 Family, Net Operating Income: 112200, Total Square Feet Living: 3131, Year Built: 1920, Above Grade Finished Area: 3131, Building Area Total: 3131, Building Area Units: Square Feet, Foundation Details: Concrete Perimeter, Levels: 5, Property Age: 106, Levels or Stories: 5, Building Total Stories: 5, Year Built Details: Approximate, Year Built Source: Public Records, Sewer: Public Sewer, Wat

Location

Approximate location · exact address shared on inquiry

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Contact agent
C
Compass
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