14-16 2nd St, Lowell MA 01850

Lowell, MA 01850
$1,405,000
12
Beds
6
Baths
5,400
Sq Ft
$260
Price/Sq Ft
0.09
Acres
1880
Year Built
19
Days on Market
Sold 2025 Listed Nov 5, 2024 • MLS# 73309795 Copied! • Updated Jan 28, 2025

Track this home for price, status, and open-house alerts.

Sale Statistics

Sale Overview
Original List Price: $1,325,000
Final Sale Price: $1,405,000
Difference: +$80,000 (+6.0%)
Performance Metrics
106.0%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $245
Sale $/sq ft: $260
This property sold for $260 per square foot
Sale Summary

This property sold for 6.0% above the original asking price, indicating strong buyer demand.

With only 19 days on market, this was a quick sale compared to typical market conditions.

About this home

Don’t miss this large six-family property located in a convenient location, just off of Bridge St. The property features many recent updates including an all new roof, 6 new heating systems, updated plumbing, updated electrical throughout, and a new sprinkler system installed in 2015. Comprised of all two-bedroom units, there have been various updates throughout, such as granite countertops, cabinets, updated bathrooms, and laundry hookups in the basement making them highly appealing to tenants. With tenancy-at-will agreements in place and strong rental income, this property will be a reliable investment for years to come.

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Price & Status History

Market Insights

19.7%
Price Range
20
Total Days on Market

Property Timeline

Current Active Listing - MLS #73598237
Full transaction history available when tracking began
🏡
Currently Listed
Nov 3, 2026
$1,650,000
MLS #73598237 - Active
✓
Sold
Jan 8, 2025
$1,405,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Nov 5, 2024
$1,325,000
Original listing
Agent: Patrick Hermans Office: J. Borstell Real Estate, Inc.

Tax History

Year Taxes Assessment
2024 $11,023 $925,500

Financial Details

Annual Property Tax
$11,023
Tax Year 2024
Assessed Value
$925,500

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1880
Living Area 5,400 sq ft
Lot Size 0.09 acres
Stories 5
Bedrooms 12
Full Baths 6
Total Rooms 18

Investment Metrics

Units 6
Unit 1 Rent $1,880/mo · Y
Unit 2 Rent $1,940/mo · Y
Unit 3 Rent $1,800/mo · N
Unit 4 Rent $1,800/mo · N
Total Monthly Rent $7,420/mo
Gross Income $133,440
Net Operating Income $100,700
Operating Expenses $12,340
Water/Sewer Expense $2,000
Electric Expense $240
Insurance Expense $6,500
Cap Rate 7.60%
Heating None
Cooling None
Flooring Tile, Vinyl, Laminate
Appliances None
Fireplace None
Basement Full
Laundry Electric Dryer Hookup, Washer Hookup
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features On Street
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $11,023
Assessed Value $925,500
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Certified Treated
Seller Disclosures First Showings Will Take Place At Group Showing
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 20 days

Property Overview

Property Type
5-9 Family
Listing Type
Sold
Year Built
1880
Bedrooms
12
Full Bathrooms
6
Living Area
5,400 sq ft
Total Rooms
18
Stories
5
Levels
5

Floor Layout

Interior Features

Flooring: Tile, Vinyl, Laminate
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 5

Utilities & Systems

Heating:
Heating Zones: 6
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Parking Features: On Street

Nearby Schools

School information not available for this location.

Location

Loading map...

Neighborhood

14-16 2nd St, Lowell MA 01850

Lowell, MA 01850

Listing Information

Listing Agent Patrick Hermans
Listing Office J. Borstell Real Estate, Inc.
Office Phone 978-502-8045
Agent MLS ID CN225762
Office MLS ID G80038
Listing Data Updated Jan 28, 2025 1:39 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Lowell, MA

Real-time market trends and pricing data for this area

Loading market insights for Lowell.