$1,599,000

Estimated payment $10,113/month

18 Beds
6 Baths
7,558 Sq Ft
$212 Price per Sq Ft

Highlights

  • Corner Lot
  • Baseboard Heating
  • 3-minute walk to Father Kirwin Playground
  • Living Room

About This Home

Investor alert. Excellent investment opportunity in South Lowell. Classic, Solid, Multifamily with 6 spacious de-leaded three bedroom, one bath units. Each is approximately 1200 square feet. Units have updated kitchens, large rooms and Washer dryer hook ups. Slate roof was completely renovated in 2020. There are four off street parking spaces and ample on street parking. Utilities are paid by the tenants. Solid 8 Cap rate. Don’t miss this rare opportunity

Listing Agent

Michael O'keefe

Coldwell Banker Realty - Lexington Listed on: 09/05/2026

Coldwell Banker Realty - Lexington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,485

Year Built

  • Built in 1910

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot

Home Design

  • Marble or Granite Building Materials

Interior Spaces

  • 7,558 Sq Ft Home
  • Living Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 6 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Car Parking Spaces
  • Off-Street Parking

Schools

  • Moody Elementary School
  • B. F. Butler Middle School
  • Lowell High School

Utilities

  • 6 Heating Zones
  • Baseboard Heating

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:204 B:3520 L:781,3193562

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Electric Expense $600
  • Insurance Expense $9,997
  • Water Sewer Expense $4,000
  • Operating Expense $29,229
  • Net Operating Income $124,378

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,485

Year Built

Built in 1910

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1910
  • Levels: 5
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • MLSPIN_BEACHFRONT_FLAG: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 18
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full
  • Above Grade Finished Sq Ft: 7558
  • Living Area: 7558
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN6181

Exterior Features

  • Foundation Details: Granite
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 2
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 6
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4000

Lot Info

  • Parcel Number: M:204 B:3520 L:781,3193562
  • Zoning: TMF
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 15485

Multi Family

  • Electric Expense: 600
  • Insurance Expense: 9997
  • Net Operating Income: 124378
  • Number Of Units Total: 6
  • Operating Expense: 29229
  • Total Actual Rent: 14400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

MLS Schools

  • High School: Lowell High School
  • Elementary School: Moody Elementary
  • Middle Or Junior School: B. F. Butler

Map

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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,485 $1,348,900 $143,900 $1,205,000
2024 $15,354 $1,289,200 $129,800 $1,159,400
2023 $15,801 $1,272,200 $112,800 $1,159,400
2022 $13,607 $1,072,300 $89,000 $983,300
2021 $11,161 $829,200 $77,400 $751,800
2020 $10,906 $816,300 $64,500 $751,800
2019 $8,849 $630,300 $59,700 $570,600
2018 $8,540 $593,500 $56,900 $536,600
2017 $7,365 $493,600 $62,100 $431,500
2016 $7,488 $493,900 $62,400 $431,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2026 09/05/26 For Sale $1,599,000 +48.1% $212 / Sq Ft
07/31/2020 07/31/20 Sold $1,080,000 -6.1% $143 / Sq Ft View Prior Sale
04/17/2020 04/17/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $1,150,000 +55.4% $152 / Sq Ft
04/06/2016 04/06/16 Sold $740,000 -3.3% $98 / Sq Ft View Prior Sale
01/28/2016 01/28/16 Pending -- -- --
01/19/2016 01/19/16 Price Changed $764,900 -0.6% $101 / Sq Ft
01/09/2016 01/09/16 Price Changed $769,900 -- $102 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed $1,080,000 None Available
Quit Claim Deed $740,000 --
Deed $516,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $457,165 Commercial
Previous Owner $457,165 Commercial
Previous Owner $635,000 Commercial
Previous Owner $2,850,000 Commercial
Previous Owner $1,925,000 Commercial
Previous Owner $675,000 Commercial
Previous Owner $12,500 Commercial
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73572369

MLS Property Information Network (MLS PIN)
Your Personal Tour Guide

Ask me questions while you tour the home.