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2 West Street, Lowell MA 01850

$399,000

Estimated $929/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $133,000

Total Rent: 41700/year

Estimated CAP Rate:

3 Bedrooms

Baths

1410

Total Parking: 0

871 (0.02)

Exceptional and UNIQUE 3 unit, mixed use property in Centralville! This property boasts of two residential units and one commercial unit. The residential units comprise of a 2 bedroom and a 1 bedroom. The commercial unit currently operates as a salon. This 3 unit property is fully occupied and has a brand new energy efficient gas boiler that services all 3 units, newer flooring and separate entrances. A true RARE opportunity. Property runs a 9% cap rate with just average rents. This property would be ideal for the investor, owner occupant or business owner who would like to live and work in the property.. The possibilities and ideas are endless!!

This home has been viewed 3 times

Last Checked: May 5th, 2026 at 4:29am (Source: MLS PIN #73509163)

Gross Income: $41,700

Gross Expenses: $3,379

Net Income Calc: $38,321

Annual Expenses for 2 West Street, Lowell MA 01850

Total Gross Expenses (Calculated)$3,379/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax3379

Annual Income & Unit Breakdown for 2 West Street, Lowell MA 01850

Total Gross Income (Calculated)$41,700

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms0

Bathrooms1 Half

Floor1

Levels in Unit1

Rent IncludesHeat

General Information for 2 West Street, Lowell MA 01850

Listing ID73509163

Property TypeMulti Family / 3 Family

Price399000 ($282.98/SqFt)

Style3 Family

CityLowell

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total1410

Approximate Lot Size (Acres)0.02

Total Parking0

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningTMF

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 2 West Street, Lowell MA 01850

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

Financial Data Source

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 2 West Street, Lowell MA 01850

Real Estate Taxes3379

Tax Year2026

Assessed Value$297,700

Financial Data Source

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 2 West Street, Lowell MA 01850

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 2 West Street, Lowell MA 01850

Agent

Name: Michael McDowell

Office

Name: Dick Lepine Real Estate,Inc.

Phone: 978-441-2100

Team Members

Payment Calculator

, Interest

Property Taxes 281.58

Principal & Interest 2458.51

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Dick Lepine Real Estate,Inc.

Michael McDowell

Agent Phone

Office Phone

(978) 441-2100

Text Agent Call Agent Call Office

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    [unparsed] => 2 West Street, Lowell MA 01850
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EXIT

29 More Photos

Withdrawn

2 West Street, Lowell MA 01850

$399,000

Annual Expenses for 2 West Street, Lowell MA 01850

Annual Income & Unit Breakdown for 2 West Street, Lowell MA 01850

General Information for 2 West Street, Lowell MA 01850

Disclosures for 2 West Street, Lowell MA 01850

Financial Information for 2 West Street, Lowell MA 01850

Location Information for 2 West Street, Lowell MA 01850

Contact Information for 2 West Street, Lowell MA 01850

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Dick Lepine Real Estate,Inc.

Michael McDowell