189 Smith St Lowell, MA 01851
Lower Highlands Neighborhood
12
Beds
3
Baths
3,771
Sq Ft
2,614
Sq Ft Lot
About This Home
As of March 2025Great investment opportunity! Cap Rate 8.43%. This property features long-term tenants, each unit equipped with a stove, refrigerator and laundry room. 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 Smith and 193 Smith buildings are on registered land.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,919
Year Built
- Built in 1900
Lot Details
- 2,614 Sq Ft Lot
Home Design
- Stone Foundation
Interior Spaces
- 3,771 Sq Ft Home
- Living Room
- Range<<rangeHoodToken>>
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
Listing and Financial Details
- Total Actual Rent $6,000
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:123 B:5400 L:189,3183653
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Insurance Expense $454
- Water Sewer Expense $3,076
- Operating Expense $67,448
- Net Operating Income $67,448
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 8, 2019
Sold by
Brouillette Ft and Brouillette
Bought by
185 North Real Est Ventrs
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $626,666 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | Sold | $783,333 | -2.1% | $208 / Sq Ft |
| 12/24/2024 12/24/24 | Pending | -- | -- | -- |
| 12/19/2024 12/19/24 | For Sale | $799,900 | 0.0% | $212 / Sq Ft |
| 11/25/2024 11/25/24 | Pending | -- | -- | -- |
| 11/20/2024 11/20/24 | Price Changed | $799,900 | -5.9% | $212 / Sq Ft |
| 11/10/2024 11/10/24 | For Sale | $850,000 | -- | $225 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,255 | $632,000 | $98,400 | $533,600 |
| 2024 | $6,919 | $580,900 | $92,000 | $488,900 |
| 2023 | $6,802 | $547,700 | $80,000 | $467,700 |
| 2022 | $6,199 | $488,500 | $63,200 | $425,300 |
| 2021 | $5,356 | $397,900 | $55,000 | $342,900 |
| 2020 | $4,907 | $367,300 | $55,000 | $312,300 |
| 2019 | $4,788 | $341,000 | $52,300 | $288,700 |
| 2018 | $4,263 | $303,200 | $49,800 | $253,400 |
| 2017 | $4,185 | $280,500 | $48,300 | $232,200 |
| 2016 | $3,878 | $255,800 | $44,800 | $211,000 |
| 2015 | $3,627 | $234,300 | $44,800 | $189,500 |
| 2013 | $3,179 | $211,800 | $53,800 | $158,000 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Brouillette
Seller's Agent in 2025
Paul Brouillette
Laer Realty
(978) 852-3001
11 in this area
166 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73309455
APN: LOWE-000123-005400-000189
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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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