Great opportunity for both investors and owner-occupants! This property offers a solid 7.8% Cap Rate with 2 tenants-at-will and 1 vacant 1-bedroom unit. Features include vinyl windows, vinyl siding, and off-street parking for two cars. The second and third units share a heating system. Enjoy a fenced yard and the flexibility of either purchasing as an owner-occupied home or a rental investment.
Sold for $595,000 on 02/28/25
$595,000
23 Ralph St, Lowell, MA 01851
7beds
3,288sqft
3 Family
Built in 1900
-- sqft lot
$586,500 Zestimate®
$181/sqft
$2,312 Estimated rent
Home value
$586,500
$540,000 - $633,000
$2,312/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 03, 2025 at 06:43am
Listed by:
Paul Brouillette 978-852-3001,
LAER Realty Partners 978-251-8221
Bought with:
Borath L. Men
Homeplace Realty, Inc.
Source: MLS PIN,MLS#: 73318111
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,288
- Total interior livable area: 3,288 sqft
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Size: 3,049 sqft
Details
- Parcel number: M:141 B:4825 L:23,3185658
- Zoning: TTF
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lowell
HOA & financial
Other financial information
- Total actual rent: 5500
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2025 | Sold | $595,000-0.8%$181/sqft |
Source: MLS PIN #73318111 | ||
| 1/16/2025 | Price change | $599,900-7.7%$182/sqft |
Source: MLS PIN #73318111 | ||
| 12/24/2024 | Listed for sale | $649,900$198/sqft |
Source: MLS PIN #73318111 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,075 +4.8% | $616,300 +8.7% |
| 2024 | $6,753 +1.8% | $567,000 +6.2% |
| 2023 | $6,634 +26.8% | $534,100 +37.4% |
Find assessor info on the county website
Neighborhood: Lower Highlands
Nearby schools
GreatSchools rating
- 5/10Rogers STEM AcademyGrades: K-8Distance: 0.4 mi
- 3/10Lowell High SchoolGrades: 9-12Distance: 0.8 mi
- 5/10Abraham Lincoln Elementary SchoolGrades: PK-4Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Abraham Lincoln
- Middle: Kathryn P. Stok
- High: Lowell
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$586,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$586,500