$765,000
SOLD JUL 18, 2025
7 Beds
3.5 Baths
3,872 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$198 Per Sq Ft

2% Above List Price

13 Days on Market

Highlights

  • Medical Services
  • Home Office
  • Shops
  • Property is near public transit
  • Living Room
  • 1 Car Garage

About This Home

As of July 2025

Located in South Lowell, this spacious 3-family home offers an excellent investment or owner-occupant opportunity. The property features three levels with one 3-bedroom unit and two 2-bedroom units. Two units have been tastefully updated, while the third awaits your cosmetic touches. The 3 bedroom unit has two extra bonus rooms/dens with no closets. Newer heating systems and hot water tanks add value and efficiency. Enjoy ample off-street parking, a one-car detached garage, and a convenient location just minutes from the T Station, Lowell Connector, Route 3, and I-495. A solid property with strong potential in a prime commuter location. Property is currently fully rented with TAW tenants. Comprised of two lots on one deed 21 Bourne St & 27-29 Bourne St.

Last Agent to Sell the Property

Team Correia

Keller Williams Realty - Merrimack Listed on: 05/28/2025

Keller Williams Realty - Merrimack

Co-Listed By

Kevin Correia

Keller Williams Realty - Merrimack

Last Buyer's Agent

Jose Frias

Realty ONE Group Nest

Realty ONE Group Nest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,150

Year Built

  • Built in 1910

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,872 Sq Ft Home
  • Living Room
  • Home Office

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • 3,920 Sq Ft Lot
  • 3 Heating Zones

Listing and Financial Details

  • Total Actual Rent $5,600
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:184 B:695 L:27,3191065

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $67,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,150

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Levels: 5
  • Year Built Details: Approximate
  • Year Round: Yes
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Interior Amenities: Living Room, Kitchen, Office/Den, Laundry Room
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Basement: Full, Interior Entry, Unfinished
  • Above Grade Finished Sq Ft: 3872
  • Living Area: 3872
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: G95166
  • LIST PRICE PER Sq Ft: 193.7
  • PRICE PER Sq Ft: 197.57
  • MAIN SO: AN6420

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:184 B:695 L:27,3191065
  • Zoning: TTF
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920
  • Lot Size Units: Acres
  • PAGE: 186

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8150
  • Tax Book Number: 36366

Multi Family

  • Gross Income: 67200
  • Net Operating Income: 67200
  • Number Of Units Total: 3
  • Total Actual Rent: 5600
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Oct 8, 2021
Sold by
Int Kencol
Bought by
Rgn Realty Llc
Seller's Agent
Brian Donoghue
Universal Property Management
Buyer's Agent
Alan Florez
Home Realty Group LLC
List Price
$560,000
Sold Price
$540,000
Premium/Discount to List
-$20,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$405,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 2020
Sold by
Kencol Int and Kencol Kaiser
Bought by
Emperor Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,074,469
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 2, 2011
Sold by
Souvannavong Phouvieng and Bank Of America Na
Bought by
Kencol Invest T and Kaiser

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$669,550
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $540,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Foreclosure Deed $145,000 --
Foreclosure Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $726,750 New Conventional
Closed $405,000 Commercial
Previous Owner $6,074,469 Stand Alone Refi Refinance Of Original Loan
Previous Owner $300,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $2,792,499 Stand Alone Refi Refinance Of Original Loan
Previous Owner $669,550 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Sold $765,000 +2.0% $198 / Sq Ft
06/10/2025 06/10/25 Pending -- -- --
05/28/2025 05/28/25 For Sale $750,000 +38.9% $194 / Sq Ft
10/12/2021 10/12/21 Sold $540,000 -3.6% $139 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $560,000 -- $145 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $8,150 $709,900 $113,000 $596,900
2024 $7,721 $648,300 $101,900 $546,400
2023 $7,590 $611,100 $88,600 $522,500
2022 $6,911 $544,600 $69,900 $474,700
2021 $5,957 $442,600 $60,800 $381,800
2020 $5,317 $398,000 $50,700 $347,300
2019 $5,161 $367,600 $46,900 $320,700
2018 $4,634 $325,600 $44,700 $280,900
2017 $4,561 $305,700 $48,700 $257,000
2016 $4,277 $282,100 $49,000 $233,100
2015 $4,037 $260,800 $49,000 $211,800
2013 $3,208 $213,700 $56,500 $157,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73381005

MLS Property Information Network (MLS PIN)

APN: LOWE-000184-000695-000027