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For sale
  • $1,049,000

    317 Nesmith St, Lowell, MA 01852

    7beds
    3,131sqft
    : 
    5-9 Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $335/sqft
    $-- HOA

    What's special

    Clean kitchens and bathroomsFresh paint
    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!
    4 days
    on Zillow
    |
    342
    |
    13
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    Zillow last checked: 7 hours ago

    Listing updated: 16 hours ago

    Listed by:

    Nick Cowden,

    Compass

    Source: MLS PIN,MLS#: 73362935
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 317 Nesmith St.

    Next available tour time:Today at 3pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    • Full bathrooms: 6
    Features
    • Basement: Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 3,131
    • Total interior livable area: 3,131 sqft
    • Finished area above ground: 3,131

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Lot
    • Size: 2,512 Square Feet
    • Features: Gentle Sloping, Sloped
    Details
    • Parcel number: 3194892
    • Zoning: TMF

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-9 Family
    Materials
    • Foundation: Block, Stone
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Lowell

    Financial & listing details

    • Price per square foot: $335/sqft
    • Tax assessed value: $589,500
    • Annual tax amount: $6,768
    • Date on market: 4/22/2025
    • Total actual rent: 9350
    • Road surface type: Paved
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