$1,049,000
317 Nesmith
Lowell, MA, 01852
Very well maintained building with stabilized rents and performing at a 7.9% 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!
Property Details
Price:
$1,049,000
MLS #:
73362935
Status:
Active
Beds:
7
Baths:
6
Address:
317 Nesmith
Type:
Multi Family
Subtype:
5-9 Family
City:
Lowell
Listed Date:
Apr 22, 2025
State:
MA
Finished Sq Ft:
3,131
Total Sq Ft:
3,131
ZIP:
01852
Year Built:
1920
Units:
5
Schools
Interior
Bathrooms
6 Full Bathrooms
Exterior
Community Features
Sidewalks
Financial
Tax Year
2025
Taxes
$6,768
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Similar Listings Nearby
- 12-14-16 Varney St
Lowell, MA$1,250,000
1.61 miles away
- 8 Cherry St
Lowell, MA$1,200,000
0.71 miles away
- 24 Whitehead Avenue
Lowell, MA$1,199,000
0.68 miles away
- 613 School Street
Lowell, MA$1,149,000
1.62 miles away
- 24 Pleasant St
Tewksbury, MA$1,100,000
3.53 miles away
- 56 Henry St
Dracut, MA$1,049,900
2.15 miles away
- 23 West 5th Street
Lowell, MA$999,000
1.19 miles away
- 38 Chapel St
Lowell, MA$979,900
0.70 miles away
- 37-41 Dunstable Rd
Chelmsford, MA$979,000
4.69 miles away
Courtesy of Compass. 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.
317 Nesmith
Lowell, MA
LIGHTBOX-IMAGES