43 3rd Ave Lowell, MA 01854
Pawtucketville NeighborhoodEstimated payment $4,268/month
About This Home
Fantastic investment opportunity! Well-maintained 3-family home in a highly desirable area, just a 10-minute walk to UMass Lowell. Features include vinyl siding and windows, a new roof, new insulation, newer hot-air heating systems and water tanks, and coin-op laundry in the basement. Enjoy 6 off-street parking spaces plus a 2-car garage. Strong rental history with long-term tenants: 2nd floor (18 years), 1st floor front (10 years), and 1st floor rear (7 years). The 2nd floor can be made available for an owner-occupancy opportunity, offering the option to live comfortably while generating income. Low maintenance and a prime location make this a great addition to any investor’s portfolio!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,085
Year Built
- Built in 1930
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,234 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Additional Features
- Enclosed Patio or Porch
- 5,663 Sq Ft Lot
Listing and Financial Details
- Legal Lot and Block 43 / 5670
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $500
- Insurance Expense $4,000
- Water Sewer Expense $2,300
- Operating Expense $6,800
- Net Operating Income $37,715
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 | $7,085 | $617,200 | $173,900 | $443,300 |
| 2024 | $6,646 | $558,000 | $151,700 | $406,300 |
| 2023 | $6,394 | $514,800 | $126,000 | $388,800 |
| 2022 | $5,944 | $468,400 | $114,600 | $353,800 |
| 2021 | $5,187 | $385,400 | $99,700 | $285,700 |
| 2020 | $4,723 | $353,500 | $93,100 | $260,400 |
| 2019 | $4,592 | $327,100 | $86,200 | $240,900 |
| 2018 | $4,229 | $293,900 | $82,200 | $211,700 |
| 2017 | $4,012 | $268,900 | $74,700 | $194,200 |
| 2016 | $3,628 | $239,300 | $62,600 | $176,700 |
| 2015 | $3,485 | $225,100 | $64,000 | $161,100 |
| 2013 | $3,191 | $212,600 | $79,000 | $133,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | Pending | -- | -- | -- |
| 12/11/2025 12/11/25 | Price Changed | $699,900 | -9.7% | $313 / Sq Ft |
| 11/21/2025 11/21/25 | Price Changed | $775,000 | -3.1% | $347 / Sq Ft |
| 11/19/2025 11/19/25 | For Sale | $799,900 | -- | $358 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $157,000 | -- | |
| Deed | $157,000 | -- | |
| Foreclosure Deed | $254,516 | -- | |
| Foreclosure Deed | $254,516 | -- | |
| Deed | $340,000 | -- | |
| Deed | $340,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $249,900 | Purchase Money Mortgage | |
| Previous Owner | $238,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73456348
APN: LOWE-000097-005670-000043
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