Seller's Agent in 2025
Paul Brouillette
Laer Realty
(978) 852-3001
12 in this area
144 Total Sales
185 Smith St Lowell, MA 01851
Lower Highlands NeighborhoodEstimated Value: $804,000 - $821,000
12
Beds
3
Baths
4,125
Sq Ft
$197/Sq Ft
Est. Value
About This Home
As of March 2025Great investment opportunity! Cap Rate 7.52%. This property features long-term tenants, each unit equipped with a stove, refrigerator and laundry room. Extensive renovations made in 2018. It’s being sold as a package deal, which includes 185-187 Smith St (3-family), 189-191 Smith St (3-family) and 193-195 Smith St (3-family) all listed on MLS. 185 -187 Smith and 193-195 Smith buildings are on registered land.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,367
Year Built
- Built in 1900
Lot Details
- 2,178
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 4,125 Sq Ft Home
- Living Room
- Range
Bedrooms and Bathrooms
- 12 Bedrooms
- 3 Full Bathrooms
Parking
- Driveway
- Open Parking
Schools
- Abraham Lincoln Elementary School
- James S. Daley Middle School
- Lowell High School
Additional Features
- Handicap Modified
- 2,178 Sq Ft Lot
Listing and Financial Details
- Total Actual Rent $6,247
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:123 B:5400 L:185,3183540
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Electric Expense $1,760
- Insurance Expense $889
- Water Sewer Expense $2,640
- Operating Expense $14,789
- Net Operating Income $60,175
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2024
Closed on
Apr 14, 2025
Sold by
Bought by
Seller's Agent
Paul Brouillette
LAER Realty Partners
Buyer's Agent
Paul Brouillette
LAER Realty Partners
List Price
$799,900
Sold Price
$783,333
Premium/Discount to List
-$16,567
-2.07%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,297
Avg. Annual Appreciation
2.81%
Original Mortgage
$626,666
Interest Rate
0.0689%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 10, 2024
Closed on
Mar 6, 2025
Sold by
Bought by
Seller's Agent
Paul Brouillette
LAER Realty Partners
Buyer's Agent
Paul Brouillette
LAER Realty Partners
List Price
$799,900
Sold Price
$783,333
Premium/Discount to List
-$16,567
-2.07%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,666
Interest Rate
0.0689%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 8, 2019
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $783,333 | None Available | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $626,666 | ||
| Previous Owner | $626,666 |
Source: Public Records
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 |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | Sold | $783,333 | -2.1% | $190 / Sq Ft |
| 12/24/2024 12/24/24 | Pending | -- | -- | -- |
| 12/19/2024 12/19/24 | For Sale | $799,900 | 0.0% | $194 / Sq Ft |
| 11/25/2024 11/25/24 | Pending | -- | -- | -- |
| 11/20/2024 11/20/24 | Price Changed | $799,900 | -5.9% | $194 / Sq Ft |
| 11/10/2024 11/10/24 | For Sale | $850,000 | -- | $206 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $9,837 | $856,900 | $95,900 | $761,000 |
| 2024 | $9,367 | $786,500 | $89,600 | $696,900 |
| 2023 | $9,245 | $744,400 | $77,900 | $666,500 |
| 2022 | $7,202 | $567,500 | $61,600 | $505,900 |
| 2021 | $6,201 | $460,700 | $53,500 | $407,200 |
| 2020 | $5,665 | $424,000 | $53,500 | $370,500 |
| 2019 | $5,521 | $393,200 | $50,900 | $342,300 |
| 2018 | $4,306 | $155,900 | $48,500 | $107,400 |
| 2017 | $2,171 | $145,500 | $47,000 | $98,500 |
| 2016 | $3,917 | $258,400 | $43,700 | $214,700 |
| 2015 | $3,407 | $220,100 | $43,700 | $176,400 |
| 2013 | $2,999 | $199,800 | $52,400 | $147,400 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Brouillette
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73309454
APN: LOWE-000123-005400-000185
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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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