153 Summer St Lowell, MA 01852
Back Central NeighborhoodEstimated payment $6,101/month
Highlights
- Medical Services
- Property is near public transit and schools
- Community Pool
- Deck
- Wood Flooring
- 4-minute walk to South Common Park
About This Home
Discover this exceptional investment opportunity in Downtown Lowell! The building offers eleven bedrooms and five bathrooms within three - three bedroom / one bathroom units and, one - two bedroom / two bathroom unit. Generating $114K in annual gross revenue, with lead compliant letters for all four units this is an exceptional investment opportunity. Situated just blocks away from the Commuter Rail, Lowell Connector to Rt 495 & Rt 3, and the vibrant heart of Lowell, MA, this property is primed for savvy investors or buyers looking to live in one unit and rent out the other three. All types of financing options are available for primary residents who want to live on property and all financing options will be considered! Don't miss your chance to see this rare investment opportunity before it's gone!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,744
Year Built
- Built in 1900
Lot Details
- 3,049 Sq Ft Lot
- Fenced
- Garden
Home Design
- 5,057 Sq Ft Home
- Brick Exterior Construction
- Brick Foundation
- Frame Construction
- Shingle Roof
- Rubber Roof
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 11 Bedrooms
- 5 Full Bathrooms
Basement
- Walk-Out Basement
- Partial Basement
- Interior Basement Entry
Parking
- On-Street Parking
- Open Parking
Outdoor Features
- Deck
- Enclosed Patio or Porch
Additional Features
- Washer and Electric Dryer Hookup
- Property is near public transit and schools
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 3187563
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Community Pool
- Park
Building Details
- Net Operating Income $114,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,348 | $814,300 | $108,000 | $706,300 |
| 2024 | $7,982 | $670,200 | $97,400 | $572,800 |
| 2023 | $8,166 | $657,500 | $84,700 | $572,800 |
| 2022 | $7,024 | $553,500 | $66,800 | $486,700 |
| 2021 | $6,559 | $487,300 | $58,100 | $429,200 |
| 2020 | $6,381 | $477,600 | $48,400 | $429,200 |
| 2019 | $5,220 | $371,800 | $44,800 | $327,000 |
| 2018 | $5,045 | $350,600 | $42,700 | $307,900 |
| 2017 | $4,622 | $309,800 | $46,600 | $263,200 |
| 2016 | $4,700 | $310,000 | $46,800 | $263,200 |
| 2015 | $4,156 | $268,500 | $46,800 | $221,700 |
| 2013 | $3,721 | $247,900 | $54,000 | $193,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/16/2026 06/16/26 | Pending | -- | -- | -- | |
| 06/09/2026 06/09/26 | For Sale | $949,000 | +11.6% | $188 / Sq Ft | |
| 07/28/2023 07/28/23 | Sold | $850,000 | +13.5% | $168 / Sq Ft | View Prior Sale |
| 06/20/2023 06/20/23 | Pending | -- | -- | -- | |
| 06/12/2023 06/12/23 | For Sale | $749,000 | -- | $148 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $850,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $62,500 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $637,500 | Purchase Money Mortgage | |
| Previous Owner | $176,550 | Commercial | |
| Closed | $209,000 | Commercial | |
| Closed | $50,000 | Commercial | |
| Previous Owner | $176,000 | Commercial | |
| Previous Owner | $50,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73532921
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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