Great opportunity for owner occupants or investors alike in Lowell's Back Central neighborhood. Offering 3 units in this multi-dwelling with on street parking. 2 units below-market rent offer potential for value appreciation. 1 unit recently updated and separate utilities per unit. The property is conveniently located near the commuter rail, with easy access to highway and many nearby local amenities, like schools, parks, shopping and dining. This property is a 1031 Exchange and can be a promising investment. Fully occupied with 2 at-will tenants. Showings commence at group showing open house.
This home has been viewed 10 times
Last Checked: June 14th, 2025 at 5:33am (Source: MLS PIN #73388171)
Gross Income: $67,200
Gross Expenses: $8,339
Net Income Calc: $58,861
CAP Rate: 6.55%
Annual Expenses for 43 Cedar Street, Lowell MA 01852
Total Gross Expenses (Calculated)$8,339/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$8,339
Annual Income & Unit Breakdown for 43 Cedar Street, Lowell MA 01852
Total Gross Income (Calculated)$67,200
Unit 1
Rental Income$1,600
LeaseN
Bedrooms3
Bathrooms3 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,400
LeaseY
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,600
LeaseN
Bedrooms3
Bathrooms3 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 43 Cedar Street, Lowell MA 01852
Listing ID73388171
Property TypeMulti Family / 3 Family
Price$899,000 ($217.31/SqFt)
Style3 Family
CityLowell
CountyMiddlesex
MLS AreaSouth Lowell
Neighborhood(s)
Approximate Living Area Total4,137 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking0
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
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 43 Cedar Street, Lowell MA 01852
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
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 Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 43 Cedar Street, Lowell MA 01852
Real Estate Taxes$8,339
Tax Year2025
Assessed Value$726,400
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)6.55%
Location Information for 43 Cedar Street, Lowell MA 01852
Elementary SchoolChoice
Middle SchoolChoice
High SchoolChoice
Neighborhood(s)
MLS AreaSouth Lowell
Area AmenitiesHighway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Private School, University
Contact Information for 43 Cedar Street, Lowell MA 01852