23 W 5th St Lowell, MA 01850
Centralville Neighborhood
6
Beds
5
Baths
4,593
Sq Ft
4,356
Sq Ft Lot
Highlights
- City View
- Wood Flooring
- Balcony
- Deck
- Upgraded Countertops
- Central Heating and Cooling System
About This Home
As of June 2025Exceptional Opportunity! This fully remodeled multi-family in prime Centerville location offers luxury-level construction with a 4th unit awaiting variance approval by the end of April 2025. Featuring two 2-bed units (one with 2 full baths) and two 1-bed 1 Bath units, this property boasts brand-new kitchens with sparkling quartz countertops, modern bathrooms, recessed lighting, plastered ceilings beaming luxury, updated electrical & plumbing, new HVAC & heat pumps, vinyl siding, new windows, and pristine flooring. With nothing left to do, live in one unit while generating income or maximize returns. Ideal for investors or owner-occupants. Plenty of off-street parking! A true GEM—don’t miss out! Schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,601
Year Built
- Built in 1900
Lot Details
- 4,356 Sq Ft Lot
Home Design
- Triplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- Family Room
- Combination Dining and Living Room
- City Views
- Partially Finished Basement
- Partial Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Upgraded Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
- Separate Shower
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
Utilities
- Central Heating and Cooling System
- 4 Cooling Zones
- 4 Heating Zones
- Heating System Uses Natural Gas
- Heat Pump System
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 3189649
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $27,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2025
Closed on
Jun 6, 2025
Sold by
Buy Build Sellem Llc
Bought by
Lama Sujan
Seller's Agent
Suraj Tamrakar
Stuart St James, Inc.
Buyer's Agent
Suraj Tamrakar
Stuart St James, Inc.
List Price
$999,000
Sold Price
$1,000,000
Premium/Discount to List
$1,000
0.1%
Views
14
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
-$32,333
Avg. Annual Appreciation
-12.32%
Original Mortgage
$697,500
Outstanding Balance
$696,310
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$271,357
Purchase Details
Closed on
Oct 19, 2021
Sold by
Dasilva Christine A and Us Bank Na
Bought by
Us Bank Na Tr
Purchase Details
Closed on
Apr 19, 2002
Sold by
Set Sina
Bought by
Monteiro Paulq
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,971
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 5, 1999
Sold by
Cutter James T and Cutter Marjorie A
Bought by
Set Sina
Purchase Details
Closed on
Jun 3, 1994
Sold by
Meridian Mtg Corp
Bought by
Cutter James T
Purchase Details
Closed on
May 3, 1994
Sold by
Wiersba Richard K and Meridian Mtg Corp
Bought by
Meridian Mtg Corp
Similar Homes in Lowell, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,000,000 | None Available | |
| Foreclosure Deed | $445,000 | None Available | |
| Foreclosure Deed | $445,000 | None Available | |
| Foreclosure Deed | $445,000 | None Available | |
| Deed | $224,500 | -- | |
| Deed | $224,500 | -- | |
| Deed | $128,000 | -- | |
| Deed | $128,000 | -- | |
| Deed | $32,000 | -- | |
| Deed | $32,000 | -- | |
| Foreclosure Deed | $37,100 | -- | |
| Foreclosure Deed | $37,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $697,500 | Purchase Money Mortgage | |
| Closed | $697,500 | Purchase Money Mortgage | |
| Previous Owner | $542,500 | Commercial | |
| Previous Owner | $450,400 | Commercial | |
| Previous Owner | $97,984 | No Value Available | |
| Previous Owner | $266,500 | No Value Available | |
| Previous Owner | $253,750 | No Value Available | |
| Previous Owner | $217,971 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Sold | $1,000,000 | +0.1% | $218 / Sq Ft |
| 04/07/2025 04/07/25 | Pending | -- | -- | -- |
| 04/02/2025 04/02/25 | For Sale | $999,000 | 0.0% | $218 / Sq Ft |
| 10/15/2024 10/15/24 | For Rent | $1,850 | 0.0% | -- |
| 10/08/2024 10/08/24 | Off Market | $1,850 | -- | -- |
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 | $7,029 | $612,300 | $113,000 | $499,300 |
| 2024 | $6,601 | $554,200 | $99,300 | $454,900 |
| 2023 | $6,476 | $521,400 | $86,400 | $435,000 |
| 2022 | $5,950 | $468,900 | $73,600 | $395,300 |
| 2021 | $5,142 | $382,000 | $64,000 | $318,000 |
| 2020 | $4,859 | $363,700 | $74,400 | $289,300 |
| 2019 | $4,673 | $332,800 | $65,600 | $267,200 |
| 2018 | $8,892 | $296,500 | $62,500 | $234,000 |
| 2017 | $4,042 | $270,900 | $56,800 | $214,100 |
| 2016 | $3,690 | $243,400 | $46,200 | $197,200 |
| 2015 | $3,458 | $223,400 | $44,200 | $179,200 |
| 2013 | $3,022 | $201,300 | $54,000 | $147,300 |
Source: Public Records
Agents Affiliated with this Home
-
Suraj Tamrakar
Seller's Agent in 2025
Suraj Tamrakar
Stuart St James, Inc.
(774) 287-6819
2 in this area
100 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73354179
APN: LOWE-000176-005995-000023
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