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317 Nesmith St., Lowell MA 01852

$1,049,000

Estimated $2,397/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $209,800

Total Rent: 80400/year

Estimated CAP Rate:

7 Bedrooms

Baths

3131

Total Parking: 0

2,613 (0.06)

Very well maintained building with stabilized rents and performing at a 7.6% cap rate. This turn-key investment property is ready for the its next owner. Located in the Belvidere neighborhood of Lowell, this building is convenient to parks, public transit, highways and downtown Lowell. Featuring 4 - 1 bedroom / 1 bathroom units and 1 - 3 bedroom / 2 bathroom unit. All units have a nice, open, layout and have been updated with stone counter tops, luxury vinyl plank flooring, clean kitchens and bathrooms, and fresh paint. This building has an on-site coin operated washer / dryer for additional income, a high efficiency gas boiler, an indirect hot water tank, no onsite parking to worry about and a small, easy to maintain, backyard. Don't miss out on the best income producing multi family investment property on the market in Lowell today!

This home has been viewed 3 times

Last Checked: March 11th, 2026 at 8:13am (Source: MLS PIN #73484860)

Gross Income: $80,400

Gross Expenses: $8,348

Net Income Calc: $72,052

Water Views

Annual Expenses for 317 Nesmith St., Lowell MA 01852

Total Gross Expenses (Calculated)$8,348/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8348

Annual Income & Unit Breakdown for 317 Nesmith St., Lowell MA 01852

Total Gross Income (Calculated)$80,400

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 317 Nesmith St., Lowell MA 01852

Listing ID73484860

Property TypeMulti Family / 5+ Family

Price1049000 ($335.04/SqFt)

Style5-9 Family

CityLowell

CountyMiddlesex

MLS AreaBelvidere

Neighborhood(s)

Approximate Living Area Total3131

Approximate Lot Size (Acres)0.06

Total Parking0

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningTMF

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 317 Nesmith St., Lowell MA 01852

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTenants Personal Belongings.

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 317 Nesmith St., Lowell MA 01852

Real Estate Taxes8348

Tax Year2026

Assessed Value$735,500

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 317 Nesmith St., Lowell MA 01852

Neighborhood(s)

MLS AreaBelvidere

Area AmenitiesWalk/jog Trails

Contact Information for 317 Nesmith St., Lowell MA 01852

Agent

Name: Nick Cowden

Office

Name: Compass

Phone: 781-534-9229

Payment Calculator

, Interest

Property Taxes 695.67

Principal & Interest 6463.6

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Nick Cowden

Agent Phone

Office Phone

(781) 534-9229

Text Agent Call Agent Call Office

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EXIT

32 More Photos

Active

317 Nesmith St., Lowell MA 01852

$1,049,000

Annual Expenses for 317 Nesmith St., Lowell MA 01852

Annual Income & Unit Breakdown for 317 Nesmith St., Lowell MA 01852

General Information for 317 Nesmith St., Lowell MA 01852

Disclosures for 317 Nesmith St., Lowell MA 01852

Financial Information for 317 Nesmith St., Lowell MA 01852

Location Information for 317 Nesmith St., Lowell MA 01852

Contact Information for 317 Nesmith St., Lowell MA 01852

Agent

Office

Payment Calculator

Exclusive Listing Agent

Compass

Nick Cowden