102 Fourth Ave, Lowell MA 01854
Lowell, MA 01854
$1,350,000
Est. $7,816/month
Track this home for price, status, and open-house alerts.
About this home
Exceptional opportunity to acquire a stabilized 6-unit multi-family in a strong Lowell rental market. The building features an easily manageable mix of six 1-bedroom, 1-bathroom units, a low-turnover layout that shows consistent cash flow. A major competitive advantage for tenant retention is the rare 7 off-street parking spaces, supplemented by on-street parking right out front. Optimized for a low-maintenance landlord experience, the units run on gas appliances (electric dryers) and boast proactively updated hot water tanks installed between 2017 and 2024. Turn-key properties with this level of operational efficiency are rare—don't miss your chance to add this high-performing asset to your portfolio!
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 14, 2026
$1,350,000
Original listing
Agent: Shawn McGuire
Office: LAER Realty Partners
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/14/2026 | 🏠 Listed for Sale | $1,350,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $9,480 | $825,800 |
Financial Details
Annual Property Tax
$9,480
Tax Year 2025
Assessed Value
$825,800
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1950
Living Area
4,884 sq ft
Lot Size
0.17 acres
Stories
5
Bedrooms
6
Full Baths
6
Total Rooms
22
Investment Metrics
Units
6
Unit 1 Rent
$1,000/mo · N
Unit 2 Rent
$1,200/mo · N
Unit 3 Rent
$1,200/mo · N
Unit 4 Rent
$1,300/mo · N
Total Monthly Rent
$4,700/mo
Gross Income
$73,800
Net Operating Income
$73,800
Cap Rate
5.47%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Interior Entry, Unfinished
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Rubber
Features
Sprinkler System
Pool
None
Spa
None
Fencing
None
Patio/Porch
Enclosed
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
7
Utilities
Electric
Individually Metered
Water
Public, Individual Meter
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$9,480
Assessed Value
$825,800
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1950
Bedrooms
6
Full Bathrooms
6
Living Area
4,884 sq ft
Total Rooms
22
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,884 sq ft above grade
Display Options
Outdoor Areas
Patio & porchEnclosed
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Interior Entry, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1950
Structure Type:
Exterior Materials:
Roof:
Rubber
Foundation:
Stone
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public, Individual Meter
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Sprinkler System
Patio & Porch:
Enclosed
Fencing:
Other Structures:
Shed(s)
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
7
Parking Features:
Paved Drive, Off Street, Paved
Nearby Schools
School District
Lowell School District local
C-
School Safety
2024-25
3.0%
Above Average
2.8%
Suspensions
0.8%
In-School
0.2%
Emergency
2.5% below state avg
Elementary Schools
10 schools
St. Jeanne D'Arc Elementary School
0.2 mi
Grades PK-08
C
Bartlett Community Partnership School
0.6 mi
|
#266 of 352
|
Score: 34.8
Improved 20 spots from last year
-23.4 below state avg
408 students
Very Diverse
Rising School
Diverse Student Body
Grades PK-08
St. Patrick School and Educational Center
0.9 mi
Grades PK-08
Hellenic American Academy
1.1 mi
Grades PK-08
St. Louis Elementary School
1.2 mi
Grades PK-08
Community Christian Academy
1.3 mi
Grades PK-12
B
Lowell Community Charter Public School
1.4 mi
|
#158 of 352
|
Score: 43.9
Improved 29 spots from last year
-14.3 below state avg
816 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
St. Michael Elementary School
1.5 mi
Grades PK-08
B
Rogers STEM Academy
1.6 mi
|
#8 of 16
|
Score: 33.9
Improved 265 spots from last year
-24.3 below state avg
892 students
Diverse
Rising School
Diverse Student Body
Grades K-08
Lowell Youth Treatment Center
1.6 mi
Grades 01-12
Middle Schools
7 schools
B-
Kathryn P. Stoklosa Middle School
0.9 mi
|
#198 of 352
|
Score: 40.6
Improved 18 spots from last year
-17.6 below state avg
613 students
Diverse
Diverse Student Body
Grades 05-08
C
Dr. An Wang School
1.0 mi
|
#255 of 352
|
Score: 35.9
Improved 38 spots from last year
-22.3 below state avg
663 students
Very Diverse
Rising School
Diverse Student Body
Grades 05-08
C-
Henry J Robinson Middle School
1.6 mi
|
#288 of 352
|
Score: 32.5
Improved 31 spots from last year
-25.7 below state avg
600 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
Laura Lee Therapeutic Day School
2.0 mi
15 students
Diverse
Diverse Student Body
Grades 01-08
B+
James S Daley Middle School
2.1 mi
|
#120 of 352
|
Score: 47.3
Improved 55 spots from last year
-10.9 below state avg
669 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
C-
Benjamin F. Butler Middle School
2.5 mi
|
#303 of 352
|
Score: 31.0
Dropped 47 spots from last year
-27.2 below state avg
516 students
Very Diverse
Diverse Student Body
Grades 05-08
C
James Sullivan Middle School
2.8 mi
|
#267 of 352
|
Score: 34.8
Improved 38 spots from last year
-23.5 below state avg
625 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
High Schools
4 schools
Old Colony Y Lowell Revocation Program
0.9 mi
Grades 09-12
F
Lowell Middlesex Academy Charter School
1.3 mi
|
#339 of 346
|
Score: 21.1
Improved 7 spots from last year
-37.1 below state avg
126 students
Diverse
College Ready Curriculum
Diverse Student Body
Grades 09-12
F
The Career Academy
1.5 mi
|
#25 of 25
|
Score: 14.1
Improved 363 spots from last year
-44.1 below state avg
83 students
Diverse
Rising School
Diverse Student Body
Grades 09-12
D
Leblanc Therapeutic Day School
2.8 mi
|
#376 of 346
|
Score: 32.8
Same rank as last year
36 students
Diverse
Diverse Student Body
Grades 09-12
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Monthly Payment Breakdown
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95% Interest
Year 15
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Location
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Neighborhood
102 Fourth Ave, Lowell MA 01854
Lowell, MA 01854
Listing Information
Listing Agent
Shawn McGuire
Listing Office
LAER Realty Partners
Office Phone
978-957-1700
Agent MLS ID
CN251545
Office MLS ID
AN1201
Listing Data Updated
Aug 14, 2026 3:46 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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