$1,049,000
317 Nesmith St.
Lowell, MA, 01852
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 Details
Price:
$1,049,000
MLS #:
73484860
Status:
Active
Beds:
7
Baths:
6
Address:
317 Nesmith St.
Type:
Multi Family
Subtype:
5-9 Family
Neighborhood:
belvidere
City:
Lowell
Listed Date:
Mar 10, 2026
State:
MA
Finished Sq Ft:
3,131
Total Sq Ft:
3,131
ZIP:
01852
Lot Size:
2,613 sqft / 0.06 acres (approx)
Year Built:
1920
Units:
5
Schools
Interior
Bathrooms
6 Full Bathrooms
Exterior
Community Features
Public Transportation, Shopping, Highway Access
Financial
Tax Year
2026
Taxes
$8,348
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…
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317 Nesmith St.
Lowell, MA
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