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Canceled

338 Fairmount St, Lowell MA 01852

$749,999

Estimated $1,794/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $374,999.50

Total Rent: 64200/year

Estimated CAP Rate:

7 Bedrooms

Baths

2762

Total Parking: 4

5,663 (0.13)

Beautifully renovated 2-unit property perfect for investors or owner-occupants. Both units feature updated bathroom with LED mirrors, upgraded vinyl flooring throughout, granite countertops, and SS appliances. New plumbing, new electrical, 100-amp panels per unit, plus a 60-amp breaker for future EV chargers. Roof is 3 years old with new windows and skylights. Unit 2 is leased at $2,950 through 6/1/26 with room to increase. First-floor TAW at $2,400 with potential increase. Heating and cooling include mini-splits upstairs and HVAC on the first floor. Off-street parking for 5–6 cars. Lead certificate in hand. Convenient highway location with strong rent roll and excellent upside. Photos taken prior to tenants moving in.

This home has been viewed 28 times

Last Checked: December 16th, 2025 at 5:33am (Source: MLS PIN #73461302)

Gross Income: $64,200

Gross Expenses: $7,934

Net Income Calc: $56,266

Annual Expenses for 338 Fairmount St, Lowell MA 01852

Total Gross Expenses (Calculated)$7,934/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6934

Annual Income & Unit Breakdown for 338 Fairmount St, Lowell MA 01852

Total Gross Income (Calculated)$64,200

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 338 Fairmount St, Lowell MA 01852

Listing ID73461302

Property TypeMulti Family

Price749999 ($271.54/SqFt)

StyleMulti Family

CityLowell

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2762

Approximate Lot Size (Acres)0.13

Total Parking4

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningSSF

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 338 Fairmount St, Lowell MA 01852

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsNo

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 338 Fairmount St, Lowell MA 01852

Real Estate Taxes6934

Tax Year2025

Assessed Value$604,000

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 338 Fairmount St, Lowell MA 01852

Neighborhood(s)

Area Amenities

Contact Information for 338 Fairmount St, Lowell MA 01852

Agent

Name: Prestige Homes Realty Team

Office

Name: Prestige Homes Real Estate, LLC

Phone: 781-944-9500

Payment Calculator

, Interest

Property Taxes 577.83

Principal & Interest 4621.26

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Prestige Homes Real Estate, LLC

Prestige Homes Realty Team

Agent Phone

Office Phone

(781) 944-9500

Text Agent Call Agent Call Office

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EXIT

24 More Photos