153 Summer St, Lowell MA 01852
Lowell, MA 01852
$949,000
Est. $5,894/month
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About this home
Discover this exceptional investment opportunity in Downtown Lowell! The building offers eleven bedrooms and five bathrooms within three - three bedroom / one bathroom units and, one - two bedroom / two bathroom unit. Generating $114K in annual gross revenue, with lead compliant letters for all four units this is an exceptional investment opportunity. Situated just blocks away from the Commuter Rail, Lowell Connector to Rt 495 & Rt 3, and the vibrant heart of Lowell, MA, this property is primed for savvy investors or buyers looking to live in one unit and rent out the other three. All types of financing options are available for primary residents who want to live on property and all financing options will be considered! Don't miss your chance to see this rare investment opportunity before it's gone!
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Jun 16, 2026
Active → Active Under Contract
Pending Sale
Jun 16, 2026
Offer accepted, sale pending
Showing Instructions Updated
Jun 11, 2026
New showing requirements
Listed for Sale
Jun 10, 2026
$949,000
Original listing
Agent: Nick Cowden
Office: Compass
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/16/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 06/16/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/11/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/10/2026 | 🏠 Listed for Sale | $949,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $10,744 | $946,600 |
Financial Details
Annual Property Tax
$10,744
Tax Year 2026
Assessed Value
$946,600
Facts & Features
Home Facts
Type
Residential Income
Style
4 Family
Year Built
1900
Living Area
5,057 sq ft
Lot Size
0.07 acres
Bedrooms
11
Full Baths
5
Total Rooms
26
Investment Metrics
Units
4
Unit 1 Rent
$1,800/mo · N
Unit 2 Rent
$2,500/mo · Y
Unit 3 Rent
$2,600/mo · Y
Unit 4 Rent
$2,600/mo · Y
Total Monthly Rent
$9,500/mo
Gross Income
$114,000
Net Operating Income
$114,000
Cap Rate
12.01%
Interior
Heating
None
Cooling
None
Flooring
Tile, Vinyl, Laminate, Wood
Appliances
None
Fireplace
None
Basement
Partial, Walk-out Access, Interior Entry
Laundry
Electric Dryer Hookup, Washer Hookup
Features
None
Exterior
Construction
Frame, Brick
Architecture
None
Roof
Shingle, Rubber
Features
Garden
Pool
None
Spa
None
Fencing
Fenced/enclosed, Fenced
Patio/Porch
Enclosed, Deck, Deck - Composite, Patio
Parking
Features
On Street
Utilities
Electric
Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Range, For Gas Oven, For Electric Oven, For Electric Dryer, Washer Hookup, Varies Per Unit
Financial
Annual Tax
$10,744
Assessed Value
$946,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
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)
21 days
Property Overview
Property Type
4 Family
Listing Type
Sale Pending
Year Built
1900
Bedrooms
11
Full Bathrooms
5
Living Area
5,057 sq ft
Total Rooms
26
Stories
6
Levels
6
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,057 sq ft above grade
Display Options
Outdoor Areas
Patio & porchEnclosed, Deck, Deck - Composite, Patio
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:
Tile, Vinyl, Laminate, Wood
Appliances:
Interior Features:
Windows:
Basement:
Partial, Walk-Out Access, Interior Entry
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame, Brick
Roof:
Shingle, Rubber
Foundation:
Brick/Mortar
Stories:
6
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas, Electric
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Garden
Patio & Porch:
Enclosed, Deck, Deck - Composite, Patio
Fencing:
Fenced/Enclosed, Fenced
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Parking Features:
On Street
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
B
Lowell Community Charter Public School
0.1 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
B
Rogers STEM Academy
0.2 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
Hellenic American Academy
0.4 mi
Grades PK-08
St. Patrick School and Educational Center
0.6 mi
Grades PK-08
Immaculate Conception School
0.6 mi
Grades PK-08
C
Bartlett Community Partnership School
1.0 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. Michael Elementary School
1.0 mi
Grades PK-08
Lowell Youth Treatment Center
1.1 mi
Grades 01-12
St. Louis Elementary School
1.2 mi
Grades PK-08
Community Christian Academy
1.2 mi
Grades PK-12
Middle Schools
7 schools
B-
Kathryn P. Stoklosa Middle School
0.7 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-
Benjamin F. Butler Middle School
1.0 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
Laura Lee Therapeutic Day School
1.1 mi
15 students
Diverse
Diverse Student Body
Grades 01-08
C-
Henry J Robinson Middle School
1.5 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
C
James Sullivan Middle School
1.6 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
B+
James S Daley Middle School
1.7 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
Dr. An Wang School
2.1 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
High Schools
4 schools
F
Lowell Middlesex Academy Charter School
0.4 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
Old Colony Y Lowell Revocation Program
0.6 mi
Grades 09-12
F
The Career Academy
0.7 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
1.4 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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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$895
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Rate Impact
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Current Rate
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
153 Summer St, Lowell MA 01852
Lowell, MA 01852
Listing Information
Listing Agent
Nick Cowden
Listing Office
Compass
Office Phone
781-534-9229
Agent MLS ID
NB113480
Office MLS ID
AN6818
Listing Data Updated
Aug 4, 2026 11:00 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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