169 Salem St Lowell, MA 01854
Acre NeighborhoodEstimated payment $8,055/month
Highlights
- Medical Services
- Property is near public transit and schools
- Upgraded Countertops
- 0.21 Acre Lot
- Wood Flooring
- Home Office
About This Home
5 Unit Mixed Use Building near UMASS Lowell and within walking distance to many amenities. The property has been well maintained and updated and has plenty of off street parking. The first floor retail space also has a kitchen area with 2 walk-in coolers, 1 walking freezer, and pizza ovens. Two 3-Bedroom updated apartments are above the commercial space. The adjacent 2 residential units each have 1 bedroom. Unit 4 has access to the basement and laundry hookups. Unit 5 has a walkup attic with 2 semi finished rooms. All units have separate utilities as well as washer /dryer hookups. Letters of Initial Lead Inspection Compliance attached in documents for download. Business/Cote's market name, equipment and inventory included in the sale. Plenty of off street parking included.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,642
Year Built
- Built in 1900
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Slate Roof
- Rubber Roof
Interior Spaces
- 7,178 Sq Ft Home
- Living Room
- Home Office
- Partial Basement
- Washer and Dryer Hookup
Kitchen
- Range
- Upgraded Countertops
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
Parking
- 10 Car Parking Spaces
- Driveway
- 10 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Balcony
- Porch
Schools
- Lps Elementary And Middle School
- Lps High School
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating and Cooling System
- 2 Cooling Zones
- 5 Heating Zones
Additional Features
- 9,081 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Rent includes unit 2(water), unit 3(water), unit 4(water)
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Insurance Expense $7,200
- Water Sewer Expense $2,800
- Operating Expense $10,000
- Net Operating Income $98,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $4,938 | $430,100 | $101,000 | $329,100 |
| 2024 | $4,514 | $379,000 | $87,700 | $291,300 |
| 2023 | $4,203 | $338,400 | $76,300 | $262,100 |
| 2022 | $3,892 | $306,700 | $69,300 | $237,400 |
| 2021 | $3,614 | $268,500 | $60,300 | $208,200 |
| 2020 | $3,285 | $245,900 | $53,800 | $192,100 |
| 2019 | $3,149 | $224,300 | $49,800 | $174,500 |
| 2018 | $2,937 | $204,100 | $47,500 | $156,600 |
| 2017 | $2,778 | $186,200 | $43,100 | $143,100 |
| 2016 | $2,761 | $182,100 | $39,000 | $143,100 |
| 2015 | $2,534 | $163,700 | $39,000 | $124,700 |
| 2013 | $2,288 | $152,400 | $53,800 | $98,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/17/2025 11/17/25 | For Sale | $1,300,000 | +116.7% | $181 / Sq Ft | |
| 06/07/2018 06/07/18 | Sold | $600,000 | 0.0% | $84 / Sq Ft | View Prior Sale |
| 10/26/2017 10/26/17 | Pending | -- | -- | -- | |
| 10/06/2017 10/06/17 | Off Market | $600,000 | -- | -- | |
| 08/31/2017 08/31/17 | For Sale | $599,000 | 0.0% | $83 / Sq Ft | |
| 08/10/2017 08/10/17 | Pending | -- | -- | -- | |
| 07/11/2017 07/11/17 | For Sale | $599,000 | 0.0% | $83 / Sq Ft | |
| 06/09/2017 06/09/17 | Pending | -- | -- | -- | |
| 05/31/2017 05/31/17 | For Sale | $599,000 | -- | $83 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $600,000 | -- | |
| Quit Claim Deed | $600,000 | -- | |
| Land Court Massachusetts | $200,000 | -- | |
| Land Court Massachusetts | $200,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | New Conventional | |
| Closed | $450,000 | New Conventional | |
| Previous Owner | $200,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73455756
APN: LOWE-000117-005185-000169
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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