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21 Myrtle St, Lowell MA 01850

Lowell, MA 01850
$524,900
Est. $3,322/month
6
Beds
2
Baths
2,888
Sq Ft
$182
Price/Sq Ft
0.12
Acres
1880
Year Built
3
Parking
20
Days on Market
Pending Listed Jun 25, 2026 • MLS# 73541549 Copied! • Updated Jul 17, 2026

About this home

OFFER DEADLINE - July 1 at noon. Opportunity awaits at 21 Myrtle St., a two-family property offering immediate rental income with future upside potential. Both units are occupied by long-term tenants who have enjoyed stable tenancy, with current rents below market value, presenting an opportunity for increased cash flow over time.The property has undergone numerous important updates, including full deleading compliance, replacement entry doors, installation of fire-rated safety doors, and updated smoke and carbon monoxide alarm systems to meet current city requirements. Additional improvements include replacement of the heating system and hot water tank within the past 10 years. Conveniently located just minutes from downtown Lowell, the property offers easy access to major commuter routes. Residents enjoy proximity to public transportation, shopping, dining and a vibrant arts and culture scene that has made Lowell one of the Merrimack Valley's most desirable rental markets.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

📝
Contingency Update
Jul 9, 2026
Pending P&S
📋
Status: Active under contract
Jul 3, 2026
Active → Active Under Contract
Pending Sale
Jul 3, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Jun 25, 2026
$524,900
Original listing
Office: Keller Williams Gateway Realty

Tax History

Year Taxes Assessment
2025 $5,618 $489,400

Financial Details

Annual Property Tax
$5,618
Tax Year 2025
Assessed Value
$489,400

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1880
Living Area 2,888 sq ft
Lot Size 0.12 acres
Bedrooms 6
Full Baths 2
Total Rooms 10

Investment Metrics

Units 2
Unit 1 Rent $1,600/mo · N
Unit 2 Rent $1,600/mo · N
Total Monthly Rent $3,200/mo
Gross Income $38,400
Net Operating Income $38,400
Cap Rate 7.32%
Heating Steam
Cooling None
Flooring Wood, Vinyl
Appliances Range, Refrigerator
Fireplace None
Basement Full
Laundry Washer Hookup
Features Lead Certification Available, Living Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Covered
Features Off Street
Total Spaces 3
Electric None
Water Public
Sewer Public Sewer
Gas None
Other Washer Hookup

Financial

Annual Tax $5,618
Assessed Value $489,400
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing Contract
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures third floor is not currently being used by has 3 rooms
Documents None
County Middlesex
Total market time (incl. prior listings) 22 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1880
Bedrooms
6
Full Bathrooms
2
Living Area
2,888 sq ft
Total Rooms
10
Stories
2
Levels
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Vinyl
Appliances: Range, Refrigerator
Interior Features: Lead Certification Available, Living Room, Kitchen
Windows:
Basement: Full
Laundry: Washer Hookup
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 2

Heating, Cooling & Utilities

Heating: Steam
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Covered
Fencing:
Other Structures: Shed(s)
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street

Special Features

View: Yes
View Type: City View(s), City
Community Amenities: Public Transportation, Shopping, Highway Access, Public School, T-Station

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
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 $468
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
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
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

21 Myrtle St, Lowell MA 01850

Lowell, MA 01850

Listing Information

Listing Agent Melanie Norcross
Listing Office Keller Williams Gateway Realty
Office Phone 603-912-5470
Agent MLS ID CT004944
Office MLS ID AN5852
Listing Data Updated Jul 17, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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