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Canceled

38 Chapel St, Lowell MA 01852

$979,900

Estimated $2,395.48/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $244,975

Total Rent: 14400/year

Estimated CAP Rate: 0.48%

9 Bedrooms

5 Full Baths

4,556 SqFt

Total Parking: 6

6,100 SqFt

Welcome to 38 and 36 Chapel Street, truly a one of a kind property that shows great pride of ownership. Sold as a package, this is a unique opportunity to purchase two well-maintained multi-family properties in the sought-after "Back Central" neighborhood of Lowell. Located in a very convenient area, with close proximity to Downtown, local restaurants, shops, and easy access to Route 495 & Route 3. Additionally, the MBTA commuter rail station is a just few blocks away. This property offers many features that were handcrafted by its owners of 50 plus years.Two homes on one lot, offering a combined total of four spacious units, with 9 Bedrooms. Great potential for ample income for investors or owner-occupants looking to build wealth and capitalize on a prime location. Plenty of parking and a beautiful yard that has been used as a garden with Fruit Trees, Grape Vines and Custom Pergola at Patio area, making this a great space to entertain. Listing agent related to seller. NO FHA or VA -AS

This home has been viewed 12 times

Last Checked: May 15th, 2025 at 4:48am (Source: MLS PIN #73364116)

Gross Income: $14,400

Gross Expenses: $9,679

Net Income Calc: $4,721

CAP Rate: 0.48%

Annual Expenses for 38 Chapel St, Lowell MA 01852

Total Gross Expenses (Calculated)$9,679/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,679

Annual Income & Unit Breakdown for 38 Chapel St, Lowell MA 01852

Total Gross Income (Calculated)$14,400

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms2 Full

Floor1

Levels in Unit3

HeatingYes

Rent IncludesUnit 3(water), Unit 4(water)

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 3(water), Unit 4(water)

Unit 3

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 3(water), Unit 4(water)

Unit 4

Rental Income$1,200

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 3(water), Unit 4(water)

General Information for 38 Chapel St, Lowell MA 01852

Listing ID73364116

Property TypeMulti Family / 4 Family

Price$979,900 ($215.08/SqFt)

Style4 Family

CityLowell

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total4,556 SqFt

Approximate Lot Size (Acres)0.14 acres

Total Parking6

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,Approximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsStone

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpaceCovered, Deck, Patio, Porch

ZoningUMF

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesInsulated Windows

Terms

Disclosures for 38 Chapel St, Lowell MA 01852

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area DisclosureBuyer and Buyers agent to do due diligence and ver

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNot Available

Total Gross Expenses By Broker$0

Total Gross Income By Broker$14,400

Total Net Income By Broker$14,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 38 Chapel St, Lowell MA 01852

Real Estate Taxes$9,679

Tax Year2025

Assessed Value$843,100

Financial Data SourceNot Available

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$14,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$14,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)0.48%

Location Information for 38 Chapel St, Lowell MA 01852

Elementary SchoolMoody

Middle SchoolRogers

High SchoolLowell High

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Tennis Court(s)

Contact Information for 38 Chapel St, Lowell MA 01852

Agent

Name: Filomena Silva

Office

Name: REALTY NEW ENGLAND

Phone: 508-639-5223

Payment Calculator

, Interest

Property Taxes 806.58

Principal & Interest 6037.83

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

REALTY NEW ENGLAND

Filomena Silva

Agent Phone

Office Phone

(508) 639-5223

Text Agent Call Agent Call Office

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    [description] => Welcome to 38 and 36 Chapel Street, truly a one of a kind property that shows great pride of ownership. Sold as a package, this is a unique opportunity to purchase two well-maintained multi-family properties in the sought-after "Back Central" neighborhood of Lowell. Located in a very convenient area, with close proximity to Downtown, local restaurants, shops, and easy access to Route 495 & Route 3. Additionally, the MBTA commuter rail station is a just few blocks away. This property offers many features that were handcrafted by its owners of 50 plus years.Two homes on one lot, offering a combined total of four spacious units, with 9 Bedrooms. Great potential for ample income for investors or owner-occupants looking to build wealth and capitalize on a prime location. Plenty of parking and a beautiful yard that has been used as a garden with Fruit Trees, Grape Vines and Custom Pergola at Patio area, making this a great space to entertain. Listing agent related to seller. NO FHA or VA -AS
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[horse_permitted] => No
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[lead_paint] => Array
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    [living_area_disclosure] => Array
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[owner_occupancy_source] => 
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[perc_test] => Array
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[perc_test_date] => Unknown
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[road_frontage_type] => Array
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    [tag_lead_paint_free] => 
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    [team] => Array
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[terms] => Array
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    [trash_expense] => Array
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[uffi] => Array
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[water] => Array
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[water_expense] => Array
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[water_views] => Array
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[water_views_features] => Array
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    [waterfront_features] => Array
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EXIT

Canceled

38 Chapel St, Lowell MA 01852

$979,900

Annual Expenses for 38 Chapel St, Lowell MA 01852

Annual Income & Unit Breakdown for 38 Chapel St, Lowell MA 01852

General Information for 38 Chapel St, Lowell MA 01852

Disclosures for 38 Chapel St, Lowell MA 01852

Financial Information for 38 Chapel St, Lowell MA 01852

Location Information for 38 Chapel St, Lowell MA 01852

Contact Information for 38 Chapel St, Lowell MA 01852

Agent

Office

Payment Calculator

Exclusive Listing Agent

REALTY NEW ENGLAND

Filomena Silva