$950,000

2 Sutherland St Lowell, MA 01850

Centralville Neighborhood

Estimated payment $5,574/month

Total Views 4
5 Beds
5 Baths
3,518 Sq Ft
$270 Price per Sq Ft

Highlights

  • Medical Services
  • Corner Lot
  • Park
  • Property is near public transit
  • Living Room
  • 5-minute walk to McPherson Park

About This Home

Multifamily Gem with Big Upside!! Well-maintained 5-unit multifamily home featuring five spacious 1-bedroom, 1-bath apartments. Each unit offers a comfortable layout with living room, kitchen with dining area, bedroom, and bath. Property is clean, well-kept, and reflects pride of ownership. Off street parking for 6+ cars. Letter of Lead Compliance on file. Current rents are below market value, providing immediate upside potential for investors. This property’s turnkey condition minimizes upfront costs. Lowell’s rental market continues to show high demand, driven by its proximity to Boston, thriving local economy, and growing student population. Perfect for new and seasoned investors and/or owner occupied.

Listing Agent

John Lynch

Keller Williams Realty - Merrimack Listed on: 11/13/2025

Keller Williams Realty - Merrimack

Co-Listing Agent

Kelly Espinola

Keller Williams Realty-Merrimack

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,916

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 3,518 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking

Additional Features

  • Bulkhead
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 3188493

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Electric Expense $310
  • Insurance Expense $5,859
  • Water Sewer Expense $1,854
  • Operating Expense $22,784
  • Net Operating Income $61,516

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,916

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1920
  • Levels: 6
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Laundry Room, Living Room, Kitchen
  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Bulkhead, Concrete
  • Above Grade Finished Sq Ft: 3518
  • Living Area: 3518
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: G95166

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Electric: Fuses, Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1854

Lot Info

  • Parcel Number: 3188493
  • Zoning: TTF
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6916

Multi Family

  • Electric Expense: 310
  • Insurance Expense: 5859
  • Net Operating Income: 61516
  • Number Of Units Total: 5
  • Operating Expense: 22784
  • Total Actual Rent: 2675
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 3

Map

Range of Values:

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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
11/13/2025 11/13/25 For Sale $950,000 -- $270 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

About the Listing Agent

John Lynch
John Lynch

Keller Williams Realty - Merrimack

(351) 529-8058

Section Image

I'm an expert real estate agent with Keller Williams Realty - Merrimack Valley in Lowell, MA and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. It's all about honesty, integrity and hard work! Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

View John's Profile

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  • 15 Hampton Ave Unit 15, Lowell, MA 01854

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  • 39 Christman Ave, Lowell, MA 01852

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    This spacious half-duplex is ready to welcome you home! The sunny eat-in kitchen comes with a refrigerator and dishwasher, and the hardwood floors add a warm touch throughout. Two bedrooms and a bonus room on the second floor. With plenty of closet space, a full basement for extra storage, and a good-sized fenced-in yard, you’ll have room for everything—inside and out. Located close to the

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73454640

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Lowell 01850 Centralville

2 Sutherland St, Lowell, MA

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.

MLS Property Information Network (MLS PIN) 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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John Lynch
John Lynch
Listing Agent Section Image
Keller Williams Realty - Merrimack
(351) 529-8058