$2,300,000
PENDING

Estimated payment $13,275/month

Total Views 9,694
9 Beds
6.5 Baths
4,451 Sq Ft
$517 Price per Sq Ft

Highlights

  • Medical Services
  • Landscaped Professionally
  • Jogging Path
  • 0.35 Acre Lot
  • Property is near public transit
  • Porch

About This Home

6-Unit Multifamily property in sought after Highlands neighborhood of Lowell. Built 2017, this immaculate, turnkey building is just steps from UMass Lowell south campus! This property shows true pride of ownership with granite countertops, stainless steel appliances, tile flooring, high ceilings, and custom woodwork throughout. Each unit is separately metered with its own central heat & AC, ensuring low operating costs and easy management. Tenants enjoy off-street parking, a fully fenced property, and security cameras for peace of mind. Prime Highlands location = strong rental demand + steady cash flow. Perfect for investors seeking a low-maintenance, income-producing property in a desirable neighborhood. With its prime location, strong rental demand, and meticulous upkeep, this property is truly a one of a kinda A+ investment property.

Listing Agent

James Williamson

J. Borstell Real Estate, Inc. Listed on: 08/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,123

Year Built

  • Built in 2017

Lot Details

  • 0.35 Acre Lot
  • Fenced
  • Landscaped Professionally
  • Sprinkler System

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 4,451 Sq Ft Home
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • 6 Cooling Zones
  • 6 Heating Zones
  • Separate Meters
  • 200+ Amp Service

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:102 B:4085 L:1149,3180342

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $530
  • Insurance Expense $4,456
  • Water Sewer Expense $2,188
  • Operating Expense $28,215
  • Net Operating Income $113,384

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,123

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 2017
  • Levels: 5
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Tile, Carpet
  • Fireplace YN: No
  • Total Bedrooms: 9
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Basement: Full
  • Above Grade Finished Sq Ft: 4451
  • Living Area: 4451
  • Spa YN: No
  • Stories Total: 5
  • Window Features: Insulated Windows
  • MAIN LO: G80038

Exterior Features

  • Exterior Features: Professional Landscaping, Sprinkler System
  • Construction Materials: Frame, Stone
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 8
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Electric: 200+ Amp Service, Individually Metered
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 6
  • COOLING ZONES: 6
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2188

Lot Info

  • Parcel Number: M:102 B:4085 L:1149,3180342
  • Zoning: TTF
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 14123

Multi Family

  • Electric Expense: 530
  • Insurance Expense: 4456
  • Net Operating Income: 113384
  • Number Of Units Total: 6
  • Operating Expense: 28215
  • Total Actual Rent: 11800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 6
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 Pending -- -- --
08/21/2025 08/21/25 For Sale $2,300,000 +669.2% $517 / Sq Ft
11/24/2015 11/24/15 Sold $299,000 0.0% $76 / Sq Ft View Prior Sale
11/02/2015 11/02/15 Pending -- -- --
10/29/2015 10/29/15 For Sale $299,000 0.0% $76 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $299,000 -- $76 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73420925

MLS Property Information Network (MLS PIN)