$995,000
317 Nesmith St.
Lowell, MA, 01852
Very well maintained building with stabilized rents and performing at a true 8% cap rate with room to improve. This turn-key investment property is bringing in over $112,000 in annual gross rents and is ready for the its next owner. Located in the Belvidere neighborhood of Lowell, this building is convenient to parks, public transit, highways and downtown Lowell. Featuring 4 – 1 bedroom / 1 bathroom units and 1 – 3 bedroom / 2 bathroom unit. All units have a nice, open, layout and have been updated with stone counter tops, luxury vinyl plank flooring, clean kitchens and bathrooms, and fresh paint. This building has an on-site coin operated washer / dryer for additional income, a high efficiency gas boiler, an indirect hot water tank, no onsite parking to worry about and a small, easy to maintain, backyard. Don’t miss out on the best income producing multi family investment property on the market in Lowell today!
Property Details
Price:
$995,000
MLS #:
73484860
Status:
Active
Beds:
7
Baths:
6
Type:
Multi Family
Subtype:
5-9 Family
Neighborhood:
belvidere
Listed Date:
Mar 10, 2026
Finished Sq Ft:
3,131
Total Sq Ft:
3,131
Lot Size:
2,613 sqft / 0.06 acres (approx)
Year Built:
1920
Units:
5
Schools
Interior
Above Grade Finished Area
3131
Bathrooms
6 Full Bathrooms
Interior Features
Laundry Room
Levels
5
Exterior
Community Features
Public Transportation, Shopping, Highway Access
Lot Features
Sloped
Stories
5
Financial
Tax Year
2026
Taxes
$8,348
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Lowell as of May 04, 2026
54
Multi Family Listed
101
Avg DOM
264
Avg $ / SqFt
$931,321
Avg List Price
Community
- Address317 Nesmith St. Lowell MA
- CityLowell
- CountyMiddlesex
- Zip Code01852
Subdivisions in Lowell
Similar Listings Nearby
Property Summary
- 317 Nesmith St. Lowell MA is a Multi Family for sale in Lowell, MA, 01852. It is listed for $995,000 To schedule a showing of MLS#73484860 at 317 Nesmith St. in Lowell, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Compass. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
317 Nesmith St.
Lowell, MA