Welcome to 246-248 Shaw St, an amazing investment or owner-occupant opportunity in Lowell’s highly coveted Highlands neighborhood! This spacious 2-family offers a rare combination of generous sq footage, classic New England charm & unbeatable location! The home features a total of 6 (potentially 7) beds & 2 full baths across 2 large units, each offering a functional layout with high ceilings, oversized windows & original architectural details. Both units include expansive living & dining areas, well-proportioned bedrooms, versatile floorplans, wraparound sunporches & bonus space in basement & attic. Appointed on a flat lot, this stately multi family provides outdoor green space, perfect for relaxing. Enjoy easy access to shops, restaurants, parks, schools, highways, public transit & Lowell’s vibrant downtown! Whether you’re looking for an income-generating investment, multi-generational living, or a property to personalize & add value to, 246–248 Shaw St delivers exceptional potential!
This home has been viewed 7 times
Last Checked: December 6th, 2025 at 7:03am (Source: MLS PIN #73459951)
Gross Income: $0
Gross Expenses: $7,966
Net Income Calc: $7,966
CAP Rate: -1.29%
Annual Expenses for 246-248 Shaw St, Lowell MA 01851
Total Gross Expenses (Calculated)$7,966/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,966
Annual Income & Unit Breakdown for 246-248 Shaw St, Lowell MA 01851
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
General Information for 246-248 Shaw St, Lowell MA 01851
Listing ID73459951
Property TypeMulti Family / 2 Family
Price$619,900 ($212.59/SqFt)
Style2 Family - 2 Units Up/down
CityLowell
CountyMiddlesex
MLS AreaHighlands
Neighborhood(s)
Approximate Living Area Total2,916 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking0
Garage Parking
Year Built1916
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel, Cleared
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpaceEnclosed
ZoningTTF
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesStorm Window(s)
Terms
Disclosures for 246-248 Shaw St, Lowell MA 01851
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureBuyer to do due diligence. GLA doesn't include par
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 246-248 Shaw St, Lowell MA 01851
Real Estate Taxes$7,966
Tax Year2025
Assessed Value$693,900
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-1.29%
Location Information for 246-248 Shaw St, Lowell MA 01851
Elementary School
Middle School
High SchoolLowell Hs
Neighborhood(s)
MLS AreaHighlands
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Private School, University
Contact Information for 246-248 Shaw St, Lowell MA 01851