Opportunity is knocking! Legal 3-family owned by the same family since 1993 and ready for its next chapter. Featuring approximately 3,653 square feet, separate utilities, and a flexible layout currently utilized as a 4-bedroom first-floor unit, 3-bedroom second-floor unit, and 3-bedroom third-floor unit. The property offers parking for up to 5 vehicles, including 3 tandem spaces and 2 additional off-street spaces. Bring your ideas, imagination, and vision to unlock the full potential of this long-held property. With updating and improvements, there is tremendous opportunity to build equity, increase rental income, and create long-term value. Heat is currently operational on the first-floor unit only. Property is being sold strictly as-is and will be delivered vacant. Conveniently located near shopping, restaurants, public transportation, and major commuter routes. A fantastic opportunity for investors, contractors, or owner-occupants looking to make a property their own!
This home has been viewed 4 times
Last Checked: June 25th, 2026 at 10:53am (Source: MLS PIN #73541257)
Gross Income: $23,400
Gross Expenses: $7,488
Net Income Calc: $15,912
Water Views
Annual Expenses for 16 Middlesex Park, Lowell MA 01851
Total Gross Expenses (Calculated)$7,488/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7488
Annual Income & Unit Breakdown for 16 Middlesex Park, Lowell MA 01851
Total Gross Income (Calculated)$23,400
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit0
Rent IncludesHeat
Unit 3
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit0
Rent IncludesHeat
General Information for 16 Middlesex Park, Lowell MA 01851
Listing ID73541257
Property TypeMulti Family / 3 Family
Price725000 ($198.47/SqFt)
Style3 Family - 3 Units Up/down
CityLowell
CountyMiddlesex
MLS AreaHighlands
Neighborhood(s)
Approximate Living Area Total3653
Approximate Lot Size (Acres)0.09
Total Parking5
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningTTF
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 16 Middlesex Park, Lowell MA 01851
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTv On The Deck And Garage Tv
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 16 Middlesex Park, Lowell MA 01851
Real Estate Taxes7488
Tax Year2026
Assessed Value$697,500
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 16 Middlesex Park, Lowell MA 01851
Neighborhood(s)
MLS AreaHighlands
Area AmenitiesWalk/jog Trails
Contact Information for 16 Middlesex Park, Lowell MA 01851