Located just steps from UMASS Lowell, this multi-family property offers an unbeatable location in one of the city's most sought-after area. This home offers approx 2,559sf of living space across three levels, featuring 6 bedrooms, 2 full baths with off street parking. Centrally positioned with easy access to downtown, public transportation, and major highways, this property is ideally situated for strong tenant demand and long-term growth. With a high rental potential and consistent demand from the university and surrounding community, this is a rare opportunity to secure a marketable asset in a rapidly developing area.
This home has been viewed 54 times
Last Checked: August 3rd, 2025 at 4:28am (Source: MLS PIN #73380620)
Gross Income: $50,400
Gross Expenses: $4,827
Net Income Calc: $45,573
CAP Rate: 7.12%
Annual Expenses for 153 Cross St, Lowell MA 01854
Total Gross Expenses (Calculated)$4,827/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,827
Annual Income & Unit Breakdown for 153 Cross St, Lowell MA 01854
Total Gross Income (Calculated)$50,400
Unit 1
Rental Income$2,000
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,200
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 153 Cross St, Lowell MA 01854
Listing ID73380620
Property TypeMulti Family
Price$640,000 ($250.1/SqFt)
StyleMulti Family
CityLowell
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,559 SqFt
Approximate Lot Size (Acres)0.05 acres
Total Parking2
Garage Parking
Year Built1840
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningTTF
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 153 Cross St, Lowell MA 01854
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$48,000
Total Net Income By Broker$48,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 153 Cross St, Lowell MA 01854
Real Estate Taxes$4,827
Tax Year2025
Assessed Value$420,500
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$48,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$48,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.12%
Location Information for 153 Cross St, Lowell MA 01854
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 153 Cross St, Lowell MA 01854