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2-4 Sutherland St, Lowell MA 01850

$950,000

Estimated $2,116.75/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $190,000

Total Rent: 32100/year

Estimated CAP Rate: 1.14%

5 Bedrooms

5 Full Baths

3,518 SqFt

Total Parking: 6

3,920 SqFt

Multifamily Gem with Big Upside!! Well-maintained 5-unit multifamily home featuring five spacious 1-bedroom, 1-bath apartments. Each unit offers a comfortable layout with living room, kitchen with dining area, bedroom, and bath. Property is clean, well-kept, and reflects pride of ownership. Off street parking for 6+ cars. Letter of Lead Compliance on file. Current rents are below market value, providing immediate upside potential for investors. This property’s turnkey condition minimizes upfront costs. Lowell’s rental market continues to show high demand, driven by its proximity to Boston, thriving local economy, and growing student population. Perfect for new and seasoned investors and/or owner occupied.

This home has been viewed 18 times

Last Checked: November 27th, 2025 at 6:53am (Source: MLS PIN #73454640)

Gross Income: $32,100

Gross Expenses: $21,314

Net Income Calc: $10,786

CAP Rate: 1.14%

Annual Expenses for 2-4 Sutherland St, Lowell MA 01850

Total Gross Expenses (Calculated)$21,314/year

APOD AvailableYes

Heating

Electricity$310

Water$1,854

Gas$1,854

Insurance$5,859

Sewer$1,854

Trash Removal$2,160

Repair & Maintenance

Management$4,215

Miscellaneous

Real Estate Tax$6,916

Annual Income & Unit Breakdown for 2-4 Sutherland St, Lowell MA 01850

Total Gross Income (Calculated)$32,100

Unit 1

Rental Income$1,175

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,500

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 2-4 Sutherland St, Lowell MA 01850

Listing ID73454640

Property TypeMulti Family

Price$950,000 ($270.04/SqFt)

Style5+ Family - 5+ Units Up/down

CityLowell

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,518 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking6

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningTTF

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 2-4 Sutherland St, Lowell MA 01850

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOther (see Remarks)

Total Gross Expenses By Broker$22,784

Total Gross Income By Broker$84,300

Total Net Income By Broker$61,516

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 2-4 Sutherland St, Lowell MA 01850

Real Estate Taxes$6,916

Tax Year2025

Assessed Value$602,400

Financial Data SourceOther (see Remarks)

Total Gross Expenses By Broker$22,784

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$84,300

BostonRealEstate.com Gross Income

Total Net Income By Broker$61,516

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.14%

Location Information for 2-4 Sutherland St, Lowell MA 01850

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Park, Medical Facility, Laundromat, Public Transportation

Contact Information for 2-4 Sutherland St, Lowell MA 01850

Agent

Name: John Lynch

Office

Name: Keller Williams Realty - Merrimack

Phone: 978-692-3280

Team Members

Name: Kelly Espinola

Phone: 508-982-6264

Payment Calculator

, Interest

Property Taxes 576.33

Principal & Interest 5853.6

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty - Merrimack

John Lynch

Agent Phone

Office Phone

(978) 692-3280

Text Agent Call Agent Call Office

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EXIT

Active

2-4 Sutherland St, Lowell MA 01850

$950,000

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Keller Williams Realty - Merrimack

John Lynch