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!
For sale
$1,049,000
317 Nesmith St, Lowell, MA 01852
7beds
3,131sqft
Est.:
5-9 Family
Built in 1920
-- sqft lot
$-- Zestimate®
$335/sqft
$-- HOA
What's special
High efficiency gas boilerIndirect hot water tankClean kitchens and bathroomsLuxury vinyl plank flooringFresh paint
- 20 hours |
- 140 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: 10 hours ago
Listed by:
Nick Cowden 781-307-2726,
Compass 781-534-9229
Source: MLS PIN,MLS#: 73484860
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Features
- Laundry Room
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 3,131
- Total interior livable area: 3,131 sqft
- Finished area above ground: 3,131
Property
Lot
- Size: 2,613 Square Feet
- Features: Sloped
Details
- Parcel number: 3194892
- Zoning: TMF
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Foundation: Concrete Perimeter
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Highway Access
Location
- Region: Lowell
Financial & listing details
- Price per square foot: $335/sqft
- Tax assessed value: $735,500
- Annual tax amount: $8,348
- Date on market: 3/10/2026
- Total actual rent: 9350
Estimated market value
Not available
Estimated sales range
Not available
$2,901/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2026 | Listed for sale | $1,049,000+2.9%$335/sqft |
Source: MLS PIN #73484860 Report a problem | ||
| 6/6/2025 | Listing removed | $1,019,000$325/sqft |
Source: MLS PIN #73362935 Report a problem | ||
| 6/3/2025 | Price change | $1,019,000-1%$325/sqft |
Source: MLS PIN #73362935 Report a problem | ||
| 5/13/2025 | Listed for sale | $1,029,000-1.9%$329/sqft |
Source: MLS PIN #73362935 Report a problem | ||
| 5/7/2025 | Contingent | $1,049,000$335/sqft |
Source: MLS PIN #73362935 Report a problem | ||
| 4/23/2025 | Listed for sale | $1,049,000+30.3%$335/sqft |
Source: MLS PIN #73362935 Report a problem | ||
| 6/30/2023 | Sold | $805,000+0.6%$257/sqft |
Source: MLS PIN #73111410 Report a problem | ||
| 5/22/2023 | Contingent | $799,900$255/sqft |
Source: MLS PIN #73111410 Report a problem | ||
| 5/15/2023 | Listed for sale | $799,900$255/sqft |
Source: MLS PIN #73111410 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$5,908/mo
Principal & interest
$5025
Property taxes
$883
Climate risks
Neighborhood: Belvidere
Nearby schools
GreatSchools rating
- 7/10Moody Elementary SchoolGrades: PK-4Distance: 0.2 mi
- 6/10Pyne Arts Magnet SchoolGrades: PK-8Distance: 0.7 mi
- NALeblanc Therapeutic Day SchoolGrades: 9-12Distance: 0.4 mi
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