MA > Lowell
Lowell, MA 01852,317 Nesmith
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Lowell, MA 01852,317 Nesmith
Lowell, MA 01852,317 Nesmith
Lowell, MA 01852,317 Nesmith
Lowell, MA 01852,317 Nesmith
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Lisa Sevajian

Lisa Sevajian

+1(978) 457-3406
$ 1,049,000
Est. payment /mo
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317 Nesmith Lowell, MA 01852

7 Beds

6 Baths

3,131 SqFt

UPDATED:

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 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!

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
agent

Lisa Sevajian

Agent | License ID: 95000355

+1(978) 457-3406

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317 Nesmith

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