317 Nesmith St., Lowell, MA 01852

Lowell
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
317 Nesmith St.,Lowell, MA 01852
$995,000
  • 7 Beds
  • 6 Baths
  • 3,131 sq. ft.
  • Multi-family
  • Active
Listed by: nick cowden
Office: compass
MLS#:73484860
Source:MLSPIN

Price summary

  • Price:$995,000
  • Price per sq. ft.:$317.79

About this home

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!

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Home facts

  • Year built:1920
  • Listing ID #:73484860
  • Updated:May 01, 2026 at 10:31 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:18
  • Basement Description:Partial
  • Living area:3,131 sq. ft.

Structure and exterior

  • Year built:1920
  • Building area:3,131 sq. ft.
  • Lot area:0.06 Acres
  • Lot Features:Sloped
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$995,000
  • Price per sq. ft.:$317.79
  • Tax amount:$8,348 (2026)
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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