317 Nesmith, Lowell MA 01852 – 7 bed 6 bath For Sale – 73362935
Overview
- Updated On:
- April 23, 2025
-
- 73362935
- 7 Bedrooms
- 6 Bathrooms
- 0 Garage Spaces
- 0 Non-Garage Parking Spaces
- 1920
Description
Very well maintained building with stabilized rents and performing near an 8% 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, updated electrical, no onsite parking to worry about and a small, easy to maintain, backyard. Don’t miss out on the best multi family investment property on the market in Lowell today!
This property is listed by Nick Cowden from Compass
Property Listing Details
Overview
| MLS Status | Active |
|---|---|
| Price | $ 1,049,000 |
| Living Area | 3,131.00 ft2 |
| Bedrooms | 7 |
| Total Rooms | 17 |
|---|---|
| Listing MLS ID | 73362935 |
| Days on Market | 0 |
| Bathrooms | 6 |
Unit Information
| Bedrooms | 7 |
|---|---|
| Full Bathrooms | 6 |
| Half Bathrooms | 0 |
| Cooling | |
| Heating | |
| Uncovered Parking | 0 |
| Garage Parking | 0 |
| Water View | |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | Partial |
| Patio And Porch Features | |
| Parking Features | |
| Waterview Features | |
| Flooring |
Building Information
| Building Name | |
|---|---|
| Units in Building | 5 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | |
| Association Fee Includes | |
| Construction Materials |
| Year Built | 1920 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | Partial |
| Roof |
Additional Details
| Community Features | Sidewalks |
|---|---|
| Disclosures | See attached income and expenses. Listing agent is related to seller. |
| Last Updated | 2025-04-23T03:39:00.000Z |
| Building Area Source | Public Records |
| MLS PIN Page | |
| Parcel Number | 3194892 |
| Original List Price | 1049000 |
| Listing Office | compass |
| Tax Annual Amount | 6768 |
|---|---|
| Tax Assessed Value | 589500 |
| Tax Book Number | 37925 |
| Tax Year | 2025 |
| Year Built Details | Actual |
| Year Built Source | Public Records |
| Zoning | TMF |
| Listing Agent | nick cowden |
Amenities and Features
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317 Nesmith, Lowell MA 01852 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.
317 Nesmith, Lowell MA 01852 – 7 bed 6 bath For Sale – 73362935
$ 1,049,000
Status: Active
317 Nesmith, Lowell MA 01852, Lowell, , Middlesex 01852
Country: US
Property Overview
MLS #: 73362935
Type: 5-9 Family /
Action: Residential Income
Year Built: 1920 (Actual, Source: Public Records, Effective: )
Living Area: 3,131.00 ft2 (Total: 3131 Square Feet, Source: Public Records)
Lot Size: 0.06 ft2 (Area: 0.06 Acres, SqFt: 2512)
Total Rooms: 17
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 7 (Main Level: )
Bathrooms: Total: 6 (Full: 6, Half: 0, Decimal: 6, Main Level: )
Basement: Partial
Fireplaces: 0 ()
Flooring:
Laundry:
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials:
Foundation: Block,Stone (Area: )
Roof:
Stories: 9 (9)
Common Walls:
Body Type:
Utilities & Green Features
Heating:
Cooling:
Water Source: Public
Sewer: Public Sewer ()
Utilities:
Electric: 220 Volts (Expense: )
Gas:
Energy Certificate:
Green Energy Efficient:
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces: 0
Covered Spaces: 0
Parking Total: 0
Parking Features:
Pool:
Spa:
Patio/Porch:
Fencing:
Lot Features: Gentle Sloping,Sloped
View: (, Waterview Y/N: )
Waterfront:
Road Frontage: ()
Road Surface: Paved
Road Responsibility: Public Maintained Road
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features: Sidewalks
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: , M: , H:
Zoning: TMF ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
Very well maintained building with stabilized rents and performing near an 8% 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, updated electrical, no onsite parking to worry about and a small, easy to maintain, backyard. Don’t miss out on the best multi family investment property on the market in Lowell today!
Room Details
Living Room (): x ( sqft) - Features:
Dining Room (): x ( sqft) - Features:
Kitchen (): x ( sqft) - Features:
Master Bedroom (): x ( sqft) - Features:
Master Bathroom: Features:
Laundry Dimensions:
Multi-Unit Information (if applicable)
Total Units: 5
Units Owner Occupied:
Unit 1: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1600, Lease: N
Unit 2: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1600, Lease: N
Unit 3: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1750, Lease:
Unit 4: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1750, Lease:
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 6768 (Year: 2025)
Tax Assessed Value: 589500
Tax Block/Lot/Book/Map: / / 37925 /
Parcel Number: 3194892
Special Licenses:
Current Financing:
Gross Income: 112200 (Scheduled: )
Net Operating Income: 112200
Operating Expense: (Water/Sewer: , Insurance: )
Financial Data Source:
APOD Available: Yes
Tenant Pays:
Rent Includes:
Total Actual Rent: 9350
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: Nick Cowden (MLS ID: NB113480) / Team:
Listing Office: Compass (MLS ID: AN6818)
Agent (Property): 57
Buyer Agent MLS ID:
Buyer Office MLS ID:
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-04-22
Expiration Date: 1900-01-01
Original List Price: 1049000
Price Per SqFt (List): 335.04
Market Time (Property): 0 (Broker: 0, Prev Broker: 0, Prev Property: 0)
MLS Status: New
Possession:
Directions: Andover St. to Nesmith St.
Disclosures: See attached income and expenses. Listing agent is related to seller., N
Lead Paint: Unknown
Title 5:
Exclusions:
Contingency:
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag:
Listing Alert: No
Square Feet Disclosures: (Incl. Base: No, Other: )
Master Book/Page: / (Page: 289)
Sale Information (if applicable)
Close Date:
Close Price:
Price Per SqFt (Sold):
Anticipated Sold Date:
Concessions Amount:
Purchase Contract Date:
Sold vs Rent:
System Information
Property ID: 2071628
Modification Timestamp: 2025-04-23T03:39:00.000Z
Bridge Modification Timestamp: 2025-04-23T03:41:08.175Z
Original Entry Timestamp: 2025-04-23T01:41:00.000Z
Status Change Timestamp: 2025-04-23T01:41:00.000Z
Off Market Date:
Development Status:
Business Type:
