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Sold for $700,000 on 04/02/25
  • $700,000

    171 Powell St, Lowell, MA 01851

    --beds
    3,353sqft
    4 Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $209/sqft
    $-- Estimated rent

    What's special

    Excellent investment or owner-occupied opportunity! This 4-unit property offers a strong Investor Cap Rate of 8.34%. Conveniently located near restaurants and shopping, within walking distance to a pharmacy, and offering easy access to highways. Just 1 mile from the Lowell MBTA station. 2 furnaces in cellar for 1st fl and 2 furnaces in the attic for 2nd fl. Includes 4 off-street parking spaces. Property has been managed by same Company for over 60 years. Low turnover, long term tenants. Some Section 8 Leases in place.

    Zillow last checked: 7 hours ago

    Listing updated: April 04, 2025 at 07:02am

    Listed by:

    Paul Brouillette,

    LAER Realty Partners

    Bought with:

    Marcos Doliver

    Prime Choice Real Estate

    Source: MLS PIN,MLS#: 73334575

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 4
    • Full bathrooms: 4
    Features
    • Living Room, Kitchen
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 3,353
    • Total interior livable area: 3,353 sqft
    • Finished area above ground: 3,353

    Property

    Parking
    • Total spaces: 4
    • Parking features: Paved Drive, Off Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 3,920 sqft
    • Features: Corner Lot
    Details
    • Parcel number: M:124 B:4745 L:171,3183818
    • Zoning: TTF

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 4 Family
    Materials
    • Foundation: Other
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, T-Station
    Location
    • Region: Lowell

    HOA & financial

    Other financial information
    • Total actual rent: 6400

    Other

    Other facts
    • Road surface type: Paved
    Services availability
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