3-13 Agawam St., Lowell MA 01852

Lowell, MA 01852
$2,199,999
$2,174,999
Est. $12,168/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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14
Beds
9
Baths
7,565
Sq Ft
$288
Price/Sq Ft
0.21
Acres
1937
Year Built
15
Parking
17
Days on Market
For Sale Price Drop -$25,000 Listed Sep 16, 2026 • MLS# 73577771 Copied! • Updated Oct 3, 2026

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About this home

Fantastic opportunity for the savvy investor! This 9-unit investment property consists of two buildings situated on one lot: a two unit building plus a larger building containing seven additional units. An excellent opportunity for a 1031 exchange or for an investor looking to add a substantial income producing property to their portfolio. Current rents support approximately an 8.5% cap rate.The property consists of five 2-bedroom units, two 1-bedroom units, one 4-bedroom unit, and one commercial space, currently occupied by a hair salon. The property benefits from a strong history of long term tenancy, with some tenants having occupied their units for as long as 25 years. Additional improvements include updated furnaces and water heaters. The seller has Letters of Lead Compliance and has also had the locks keyed so that one key provides access throughout the property, simplifying management. An added bonus is a large workshop/office space designated exclusively for owner access, providing valuable space for property management, storage, maintenance supplies, or a private workspace. A massive parking lot with approximately 15 parking spaces provides ample off-street parking for tenants and the commercial space. A rare opportunity to acquire a sizable, established rental property with strong income potential. Call today to schedule your private showing!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
1.1%
Price Range

Property Timeline

↓
Price Reduced
Sep 29, 2026
$2,174,999 $25,000 (-1.14%)
From $2,199,999 to $2,174,999 (-1.1%)
🏠
Listed for Sale
Sep 16, 2026
$2,199,999
Original listing
Agent: Kelli Gilbride Office: Foundation Brokerage Group

Tax History

Year Taxes Assessment
2027 $11,640 $915,200

Financial Details

Annual Property Tax
$11,640
Tax Year 2027
Assessed Value
$915,200

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1937
Living Area 7,565 sq ft
Lot Size 0.21 acres
Stories 6
Bedrooms 14
Full Baths 9
Total Rooms 36

Investment Metrics

Units 9
Unit 1 Rent $1,950/mo · N
Unit 2 Rent $1,950/mo · N
Unit 3 Rent $1,850/mo · N
Unit 4 Rent $1,700/mo · N
Total Monthly Rent $7,450/mo
Gross Income $203,700
Net Operating Income $178,280
Operating Expenses $13,780
Water/Sewer Expense $6,000
Insurance Expense $5,800
Cap Rate 8.20%
Heating Natural Gas
Cooling None
Flooring Tile, Carpet, Hardwood
Appliances None
Fireplace None
Basement Full
Laundry None
Features Living Room, Kitchen
Construction Frame
Architecture None
Roof Shingle, Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck
Features Off Street
Total Spaces 15
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $11,640
Assessed Value $915,200
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Certified Treated
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color Grey
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 17 days

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1937
Bedrooms
14
Full Bathrooms
9
Living Area
7,565 sq ft
Total Rooms
36
Stories
6
Levels
6

Floor Layout

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances:
Interior Features: Living Room, Kitchen
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1937
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation: Stone
Stories: 6

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 15
Parking Features: Off Street
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
E

Elementary Schools

3 schools
Cardinal O'Connell Early Learning Center
0.3 mi
112 students Diverse
Diverse Student Body
Grades PK
B-
Moody Elementary School
0.4 mi | #485 of 825 | Score: 45.2
Improved 104 spots from last year
-13 below state avg
236 students Diverse
Rising School Diverse Student Body
Grades PK-04
C+
John J Shaughnessy School
0.6 mi | #567 of 825 | Score: 42.5
Improved 104 spots from last year
-15.7 below state avg
467 students Diverse
Rising School Diverse Student Body
Grades PK-04
M

Middle Schools

3 schools
C
Benjamin F. Butler Middle School
0.5 mi | #260 of 352 | Score: 35.7
Dropped 4 spots from last year
-22.5 below state avg
488 students Diverse
Diverse Student Body
Grades 05-08
Laura Lee Therapeutic Day School
1.2 mi
15 students Diverse
Grades 01-08
C
James Sullivan Middle School
1.2 mi | #267 of 352 | Score: 34.9
Improved 38 spots from last year
-23.3 below state avg
606 students Diverse
Rising School Diverse Student Body
Grades 05-08
H

High Schools

3 schools
D
Leblanc Therapeutic Day School
0.8 mi | #376 of 346 | Score: 32.8
Same rank as last year
31 students Diverse
Diverse Student Body
Grades 09-12
F
Lowell Middlesex Academy Charter School
1.0 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
F
The Career Academy
1.1 mi | #25 of 25 | Score: 18.1
Improved 363 spots from last year
-40.1 below state avg
108 students Diverse
Rising School Diverse Student Body
Grades 09-12
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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $970
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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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

3-13 Agawam St., Lowell MA 01852

Lowell, MA 01852

Listing Information

Listing Agent Kelli Gilbride
Listing Office Foundation Brokerage Group
Office Phone 800-983-1945
Agent MLS ID CN203444
Office MLS ID AN7081
Listing Data Updated Oct 3, 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.

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Steve Novak Real Estate
Steve Novak Real Estate
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