102 Fourth Ave, Lowell MA 01854
Lowell, MA 01854
$1,350,000
Est. $7,816/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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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
Market Insights
Property Timeline
Pending Sale
Sep 11, 2026
Offer accepted, sale pending
Listed for Sale
Aug 14, 2026
$1,350,000
Original listing
Agent: Shawn McGuire
Office: LAER Realty Partners
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/11/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 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
Total market time (incl. prior listings)
28 days
Property Overview
Property Type
5-9 Family
Listing Type
Sale Pending
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
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
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
3 schools
B-
Joseph McAvinnue School
0.2 mi
|
#476 of 825
|
Score: 45.4
Improved 211 spots from last year
-12.8 below state avg
468 students
Diverse
Rising School
Diverse Student Body
Grades PK-04
St. Jeanne D'Arc Elementary School
0.2 mi
Grades PK-08
C
Bartlett Community Partnership School
0.6 mi
|
#270 of 352
|
Score: 34.7
Improved 16 spots from last year
-23.5 below state avg
488 students
Diverse
Diverse Student Body
Grades PK-08
Middle Schools
3 schools
B-
Kathryn P. Stoklosa Middle School
0.9 mi
|
#199 of 352
|
Score: 40.7
Improved 17 spots from last year
-17.5 below state avg
608 students
Diverse
Diverse Student Body
Grades 05-08
C+
Dr. An Wang School
1.0 mi
|
#249 of 352
|
Score: 36.2
Improved 44 spots from last year
-22 below state avg
669 students
Very Diverse
Rising School
Diverse Student Body
Grades 05-08
B
Justus C. Richardson Middle School
1.5 mi
|
#174 of 352
|
Score: 42.5
Improved 51 spots from last year
-15.7 below state avg
940 students
Diverse
Rising School
Grades 06-08
High Schools
3 schools
Old Colony Y Lowell Revocation Program
0.9 mi
Grades 09-12
F
Lowell Middlesex Academy Charter School
1.3 mi
|
#337 of 346
|
Score: 22.3
Improved 9 spots from last year
-35.9 below state avg
124 students
Diverse
College Ready Curriculum
Diverse Student Body
Grades 09-12
C+
Dracut Senior High School
1.4 mi
|
#212 of 346
|
Score: 51.2
Dropped 50 spots from last year
-7 below state avg
763 students
Diverse
17 sports
• 1,364 athletes
College Ready Curriculum
Strong Athletics
Diverse Student Body
Grades 09-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$790
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
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
Sep 11, 2026 11:39 AM 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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