8 Read St Lowell, MA 01850
Centralville NeighborhoodEstimated payment $5,777/month
About This Home
8-10 Read Street contains a total of six (6) residential units, consiting of four (4) 2-room studios & two (2) 3-Bedroom/1-Bathroom duplex-style units. The property features separately metered, tenant paid, gas powered heat, hot water, and electricity. The property has a current cap rate of 8.64%. Lead certificates on hand for all units.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,295
Year Built
- Built in 1900
Home Design
- 4,253 Sq Ft Home
- Stone Foundation
- Frame Construction
- Shingle Roof
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Additional Features
- 2,614 Sq Ft Lot
- 6 Heating Zones
Listing and Financial Details
- Assessor Parcel Number M:198 B:4870 L:8,3192639
Community Details
Overview
- 6 Units
- Property has 1 Level
Building Details
- Electric Expense $996
- Insurance Expense $6,306
- Water Sewer Expense $1,962
- Operating Expense $24,588
- Net Operating Income $84,246
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2025 10/09/25 | Pending | -- | -- | -- |
| 09/29/2025 09/29/25 | For Sale | $975,000 | -- | $229 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73437023
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