2 West St Lowell, MA 01850
Centralville NeighborhoodEstimated payment $2,383/month
Highlights
- Medical Services
- Corner Lot
- Bathtub with Shower
- Property is near public transit and schools
- Jogging Path
- Living Room
About This Home
Exceptional and UNIQUE 3 unit, mixed use property in Centralville! This property boasts of two residential units and one commercial unit. The residential units comprise of a 2 bedroom and a 1 bedroom. The commercial unit currently operates as a salon. This 3 unit property is fully occupied and has a brand new energy efficient gas boiler that services all 3 units, newer flooring and separate entrances. A true RARE opportunity. Property runs a 9% cap rate with just average rents. This property would be ideal for the investor, owner occupant or business owner who would like to live and work in the property.. The possibilities and ideas are endless!!
Open House Schedule
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Sunday, May 3, 202612:00 to 1:30 pm5/3/2026 12:00:00 PM +00:005/3/2026 1:30:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,379
Year Built
- Built in 1890
Lot Details
- 871 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,410 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Living Room
- Carpet
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Parking
- On-Street Parking
- Open Parking
Location
- Property is near public transit and schools
Utilities
- Heating System Uses Natural Gas
- Heating System Uses Steam
Listing and Financial Details
- Rent includes unit 1(heat water), unit 2(heat water)
- Legal Lot and Block 2 / 6245
- Assessor Parcel Number 3187001
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Additional Features
- 3 Units
- Net Operating Income $32,700
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 | $0 | $275,500 | $103,800 | $171,700 |
| 2024 | $0 | $261,300 | $97,100 | $164,200 |
| 2023 | $2,957 | $238,100 | $84,400 | $153,700 |
| 2022 | $0 | $226,000 | $76,700 | $149,300 |
| 2021 | $0 | $208,500 | $66,700 | $141,800 |
| 2020 | $2,586 | $193,600 | $66,700 | $126,900 |
| 2019 | $0 | $184,200 | $61,800 | $122,400 |
| 2018 | $0 | $170,800 | $58,800 | $112,000 |
| 2017 | $0 | $161,000 | $53,500 | $107,500 |
| 2016 | -- | $166,100 | $63,100 | $103,000 |
| 2015 | -- | $166,100 | $63,100 | $103,000 |
| 2013 | $2,149 | $152,100 | $70,100 | $82,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/29/2026 04/29/26 | For Sale | $399,000 | -- | $283 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Land Court Massachusetts | $170,250 | -- | |
| Land Court Massachusetts | $170,250 | -- | |
| Land Court Massachusetts | $170,250 | -- | |
| Land Court Massachusetts | $37,000 | -- | |
| Land Court Massachusetts | $37,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $45,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73509163
APN: LOWE-000156-006245-000002
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Ask me questions while you tour the home.