$1,028,000
SOLD OCT 22, 2025
9 Beds
4 Baths
6,054 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

7% Above List Price

8 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit and schools
  • 2 Fireplaces
  • Medical Services
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of October 2025

Don’t miss this rare opportunity to own a spacious and updated four-unit property in the heart of Belvidere. The building consists of two oversized first-floor one-bedroom units. Each unit with a full bath and kitchen—offering excellent rental potential, estimated at $1,800+ per month each. The property also features two townhouse-style units: one offering three bedrooms and one offering four bedrooms, both with full baths. These units are currently rented, providing immediate cash flow for the next owner. With several recent updates throughout, this property is truly turnkey and ideal for investors or owner-occupants looking for strong income potential. Located in a sought-after neighborhood, it offers convenience to local amenities, highways, and public transportation. Whether you’re adding to your portfolio or stepping into multi-family ownership, this is an exceptional opportunity in one of Lowell’s most desirable areas. Sunday 9/21 for the Open House- 12-2pm. Offers due 9/22 6pm.

Last Agent to Sell the Property

Kelly Espinola

Keller Williams Realty-Merrimack Listed on: 09/16/2025

Keller Williams Realty-Merrimack

Co-Listed By

Carolina Cruz

Keller Williams Realty - Merrimack

Last Buyer's Agent

Jordan Ryan

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,613

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Gentle Sloping Lot

Home Design

  • Quadruplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 6,054 Sq Ft Home
  • 2 Fireplaces
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Range

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Block Basement Construction

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • No Cooling
  • 4 Heating Zones
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam
  • Separate Meters
  • 100 Amp Service

Additional Features

  • Enclosed Patio or Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $4,923
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Legal Lot and Block 1057 / 4085
  • Assessor Parcel Number M:220 B:2840 L:64

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path

Building Details

  • Insurance Expense $5,589
  • Water Sewer Expense $3,800
  • Operating Expense $9,389
  • Net Operating Income $23,451

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,613

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1900
  • Levels: 6
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Varies, Laminate, Hardwood, Vinyl / VCT
  • Interior Amenities: Remodeled, Walk-In Closet(s), Living Room, Dining Room, Kitchen, Sunroom
  • Door Features: Insulated Doors
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 9
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Walk-Out Access, Interior Entry, Sump Pump, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 6054
  • Living Area: 6054
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: G95166
  • MAIN SO: AN6181

Exterior Features

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

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Baseboard, Steam, Hot Water
  • Cooling Y N: No
  • Electric: 100 Amp Service, Common, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3800

Lot Info

  • Parcel Number: M:220 B:2840 L:64
  • Zoning: TTF
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6970
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9613
  • Tax Block: 4085
  • Tax Lot: 1057

Multi Family

  • Insurance Expense: 5589
  • Net Operating Income: 23451
  • Number Of Units Total: 4
  • Operating Expense: 9389
  • Total Actual Rent: 4923
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 2
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 1
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2025 10/22/25 Sold $1,028,000 +7.1% $170 / Sq Ft
09/24/2025 09/24/25 Pending -- -- --
09/16/2025 09/16/25 For Sale $959,999 -- $159 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $9,613 $837,400 $153,800 $683,600
2024 $9,702 $814,600 $156,900 $657,700
2023 $9,799 $789,000 $131,300 $657,700
2022 $8,592 $677,100 $119,400 $557,700
2021 $8,007 $594,900 $103,900 $491,000
2020 $7,948 $594,900 $103,900 $491,000
2019 $6,502 $463,100 $90,600 $372,500
2018 $6,283 $436,600 $86,300 $350,300
2017 $5,683 $380,900 $82,500 $298,400
2016 $5,599 $369,300 $70,900 $298,400
2015 $4,972 $321,200 $70,900 $250,300
2013 $4,767 $317,600 $90,100 $227,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73431177

MLS Property Information Network (MLS PIN)