28 Grand St Lowell, MA 01851
Lower Highlands NeighborhoodEstimated payment $6,340/month
Highlights
- Property is near public transit
- 4-minute walk to Lowell
- 1-minute walk to Armory Park
- Shops
About This Home
Fantastic investment opportunity! Well-maintained 7-unit building featuring six 2-room studios (approx. 450 sq. ft. each) and one 2-bedroom unit (approx. 500 sq. ft.). All separate electric and gas utilities. All new separate heating systems and hot water tanks. Roof replaced 4 years ago. Long-term tenants with rents well below market—great upside potential for investors. Prime location just a 2-minute walk to train and bus station.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,575
Year Built
- Built in 1850
Home Design
- Stone Foundation
Interior Spaces
- 3,625 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Full Bathrooms
Parking
- Driveway
- Open Parking
Additional Features
- 2,614 Sq Ft Lot
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number M:141 B:2705 L:28,3185551
Community Details
Building Details
- Electric Expense $1,073
- Insurance Expense $5,000
- Water Sewer Expense $2,000
- Operating Expense $16,316
- Net Operating Income $66,408
Additional Features
- 7 Units
- Shops
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2025 11/19/25 | For Sale | $1,100,000 | -- | $303 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73456346
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